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 […]
Continue Reading
The Venezuelan currency has lost half of its value against the U.S. dollar so far in 2026, while cumulative inflation has climbed above 100% and wages remain frozen. By Neirlay Andrade Venezuela’s official exchange rate crossed the 600-bolivar threshold on Thursday, marking a milestone that threatens to accelerate the erosion of purchasing power for millions […]
Continue Reading
The debate over formal dollarization in Venezuela continues to divide public opinion as the country struggles with exchange-rate instability and the constant erosion of purchasing power. Economist Manuel Sutherland examines the issue critically, weighing the benefits and costs of abandoning the national currency. Neirlay Andrade The grassroots demand: Why do labor unions want the dollar? […]
Continue Reading
