Venezuela’s need for dollars to shore up its exchange rate and enable government largesse ahead of 2024 elections is among the motives for a crackdown on alleged corruption at state oil company PDVSA, four sources with knowledge of the matter said.
Tony paints the whole picture of the strain the very fragile "Venezuela se arregló" system is going through right now. We could even say the bubble has finally popped
By Mayela Armas and Vivian Sequera CARACAS (Reuters) - Venezuela's need for dollars to shore up its exchange rate and enable government largesse ahead.
Everyone knows Franklin Cáceres in his neighborhood on the far east side of Venezuela’s capital. A roadside vendor directs a visitor downhill, past a curve and to the left. A middle school student points to Cáceres’ home and business.