July 30, 2024

Perfect storm strikes Venezuela

Industry Leaders Retrieved

It hardly seemed possible that the outlook for Venezuela could get any worse. In the last five years, GDP has contracted by more than two thirds, the economy was hit by protracted hyperinflation and more than 5mn emigrants have fled the country. What else could go wrong? It turns out plenty. By Francisco Monaldi, Full Text -> Petroleum Economist

Translation/ Traducción