“You’re on your own,” says Japan

The Japan Times is reporting that exports to Venezuela will no longer be covered by insurance underwritten by Nippon Export and Investment Insurance. Basically, the country has become too insecure to be insured. This means that any Japanese company exporting to Venezuela will have to cover the risk of not getting paid for their shipments…

A grim goodbye

I left Venezuela yesterday after spending ten days there. I have tons of things I want to write about once I get my thoughts in order, but one particular thing stuck with me. It happened to be the last thing I saw of our country. As I was taking off from a barren, deserted Maiquetía…

Thirteen conversations about one thing

Being back in Caracas after many months provides a plethora of opportunities for blogging. And while there is much to say about the big issues, curiously I’ve had numerous conversations about … lightbulbs. The country’s acute scarcity is everywhere, but it’s hard to see if there is no light. And light is definitely missing. Lightbulbs are on…

Chavismo on wheels

In early April, a close relative of mine was looking everywhere for new tires. He hasn’t found anything yet. At least he isn’t the only one caught in this pickle. Car tires are part of the long, long list of stuff that is currently lacking in this country. People are doing the impossible to find them. Some…

Will the dollar stop rising any time soon?

On Thursday afternoon, Venezuelans found out how their foreign purchasing power evaporated – quite literally – by the minute, as the US dollar surpassed the 400 bolívares (BsF) mark. This was according to the “coup-plotters/saboteurs” from “Dolar today,” the most widely used web page for Venezuela’s black market exchange rate. Other web pages, such as Lechuga verde or Aguacate verde,…