The franchise operator of Zara and two other popular apparel chains will close all of its stores in Venezuela in...
Economic Crisis
Eduardo Cisneros, the grandson of patriarch Diego Cisneros, co-founded a private-equity fund in Florida that has raised over $200 million...
The Venezuelan government, saddled with hundreds of bankrupt state-owned companies in an economy in free fall, is abandoning the socialist...
Saddled with hundreds of failed state companies in an economy barreling over a cliff, the Venezuelan government is abandoning socialist...
“One dollar, one dollar!” Carlos Sifontes yells at the top of his lungs while he goes through San Jacinto, in...
There is considerable evidence suggesting that economic and financial sanctions will fail to trigger regime change and will not remove...
PayPal and Venmo may have achieved the status of verbs in the U.S., but in Venezuela, it’s Zelle—or “Zell-ey”—that’s on...
Venezuela, home to the world’s largest oil reserves and sizable natural gas and mineral deposits, is expected to be the...
Economist Daniel Mitchell penned an op-ed slamming the New York Times over an article describing the economic collapse of Venezuela without mentioning...
The decline of Venezuela’s petroleum industry appears terminal. Russian and Iranian assistance has done nothing to lift oil production, as...
