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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The Daily Journal.— Labor leaders from different sectors across Venezuela announced a nationwide tour to promote a consultation process among workers and communities, to build their own political platform and challenge the elites that, according to the organizers, monopolize dialogue and power. The announcement came during the Great National Workers’ Meeting, titled “National Dialogue and […]
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The Daily Journal – The debate over restoring purchasing power in Venezuela often becomes trapped in a recurring dogma: the premise that any wage increase inevitably leads to an inflationary spiral or the collapse of the productive apparatus. Neoclassical orthodoxy argues that the State or the private sector does not “have the money” to pay […]
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The Daily Journal — Retired workers of state-owned oil company PDVSA in Falcón state, western Venezuela, urgently called for an overhaul of the corporation’s healthcare system and warned that they could take their protests to the company’s headquarters in Caracas if management fails to address their healthcare and wage-related demands. During a general assembly at […]
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