June 10, 2014

Will Venezuela Become a No-Fly Country?

John Holman, Vice

The Associated Press

The cheap-fare loophole had turned into a national racket. Tales of $300 round-trip fare to Europe and weekend jaunts to New York for relative peanuts were said to be common among Venezuelans — not just for the wealthy but also middle-class travelers. Even foreign tourists were joining in, flying through Caracas just to take advantage of the low fares until the government prohibited non residents from paying for airfare in bolivares in January.

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TAGGED: Venezuela


June 5, 2014
Poverty Soars in Venezuela
Juan Nagel, Foreign Policy
When the Venezuelan government defends itself from its critics, it usually points to declining poverty rates as proof of its success. For a while, this worked; poverty figures indeed improved during... more ››