Dollarize without balancing the value of wages?

Juan Barreto, Director of The Daily Journal for Venezuela and Latin America In recent days, there has been much talk about dollarization. Congressman Antonio Ecarri put forward this proposal, prompting a strong reaction from National Assembly President Jorge Rodríguez. Dollarization is a policy that very few countries have adopted. As you know, there are 192 […]

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Workers are fed up with the elites and are organizing on their own: No one gets a blank check

Dr. Juan Barreto, Director of The Daily Journal for Venezuela and Latin America This weekend, workers from across the country gathered in Caracas. Curiously, neither influencers nor journalists paid by the rival opposition factions said a word about it. They look the other way and clear their throats uncomfortably. Representatives from the main branches of […]

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El Niño wants to “play hard,” and Venezuela must prepare

Food production, power generation, and access to water could suffer if this phenomenon becomes extreme. Models indicate that it will. Vanessa Davies El Niño is no game. It never is under normal conditions, and much less so during this period, which promises to be fiercer than usual. Colloquially dubbed a Super El Niño, but defined […]

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No shortcuts, no illusions: the political game returns to the negotiating table

By José Gregorio Yépez A new round of talks between the opposition and the government is about to begin. What can we expect? Judging by what Dinorah Figuera said over the weekend, this new dialogue seemed to begin with a phone call. Yet Jorge Rodríguez’s August 1 statement made one thing unmistakably clear: the talks […]

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Opacity and endless debt

By Dr. Juan Barreto, Director of The Daily Journal for Venezuela and Latin America Many are talking—or choosing not to talk—about Venezuela’s external debt. International agencies such as Reuters, Bloomberg, and several British financial publications place the country’s debt at an astronomical $240 billion, while other voices in the economic community, such as Miguel Rodríguez, […]

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Trump: The Venezuela labyrinth

Dr. Juan Barreto, The Daily Journal Director for Venezuela and Latin America — It seems that matters have become increasingly complicated inside the White House: nothing personal, just business. A struggle has erupted over the division of the spoils that Venezuela now generates following the military operations that removed Nicolás Maduro and installed a transitional […]

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