Rafael Esquivel’s “family businesses”

EfectoCocuyo has fresh details on several companies connected to disgraced, jailed former Venezuelan Soccer Federation chief Rafael Esquivel that were handled by a small group of relatives and associates. According to EC’s report, Esquivel himself is personally involved in four Florida-registered companies: La Isla Corp., Esqui-care Center, Grupo Esquivel and Grupo Los Robles. Esquivel’s nephew, Luis Damián…

Pan-Am Flim Flam

The 2015 Pan American Games ended last Sunday in Toronto. The U.S. delegation came on top in the medal table, followed by the host country Canada, which achieved their best performance ever in the history of this continental multi-sport event. What about the Venezuelan delegation? How it went up north to what the central government…

Our Obama-bashing, dollar-loving Patent Office

Have a careful read at the “subtitles” under the Obama speech here: I’m going to go ahead and guess our favorite spokesman Jim Luers wrote that speech. The screen above is at the waiting room for SAPI (Servicio Autónomo de la Propiedad Intelectual), the public office in charge of “protecting” intellectual property in Venezuela, inasmuch as…

La Vinotinto hitches a ride

The national football team (a.k.a. La Vinotinto) returned to the country yesterday after its first-round elimination of the 2015 Copa America held in Chile. But the way back home for most of the Vinotinto players (some left Chile on their own) and crew was more complicated than expected. Sports newspaper Meridiano reports that the original plan…

The fall of Rafael Esquivel (Updated)

Huge news out of Zurich today, where several high ranking members of FIFA were arrested for alleged corruption and money laundering. One of them is Rafael Esquivel, chairman of the Venezuelan Football Federation (FVF) for the last 27 years and first Vice-President of the South American Football Confederation (CONMEBOL) since March. You read that right, twenty…

Dim Wattage

See if you can detect the tension between these two recent news items: April 17th: In an interview with Barquisimeto newspaper El Impulso, Electrical Engineer Luis Vásquez Corro said that if there’s no rain in coming days (due to the El Niño phenomenon) Guri hydro-electric plant would be forced to shut down its turbines. Two days later,…

Suggested Sunday reading

Two great pieces from two friends-of-the-blog, both of them at Harvard University, both of them in Spanish. First off, Francisco Monaldi goes deep on hyperinflation in El Nacional. Francisco is lucid when discussing why this traumatic phenomenon occurs – governments basically print money out of control because they refuse to adjust to changing commodity prices. Oil producers, however,…

Everything you do is a cajero

What makes the new normal for ordinary Venezuelans? Beside the most obvious things like waiting in line and spending time looking out for everyday products, here’s another part of our routine: visting the closest available ATM (or cajero). And then another one. And another one. Thanks to the combination of relentless inflation, the continuous printing overdrive…

“Beisbol” Blues

After 15 years of having a recruitment center in the country, the Seattle Mariners are packing their bags and leaving town for the Dominican Republic. It’s the latest Major League Baseball team to abandon Venezuela (sixteen in the last decade), leaving only four MLB franchises in the Venezuelan Summer League (VSL), a league dedicated to…

No shortage of violence

Public attention in the last few days has been all about the long, long queues in the country’s supermarkets, and the shortage of food and other basic products. But the other main problem for Venezuelans continues: unabated, relentless crime. Last Thursday afternoon, a burial took place at the local cemetery in the town of Turmero (Aragua State),…