Venezuela Global Macro
Is Venezuela’s State-Run Oil Company Running Out Of Fuel?
In the last two weeks, Venezuela’s government scrambled to service the debt to its external creditors. Despite rampant speculation of missed payments, President Nicolas...
Russian Cash Is Helping Keep Venezuela Afloat In Pursuit Of A Much Larger Strategy
Russia’s cash and credit are helping to keep Venezuela politically and economically afloat. For Russia, access to Venezuela’s oil market is part of its...
Taking Stock: As Trump Recasts Cuba Policy, Where Does The Economy Go From Here?
In late 2014, President Obama reopened diplomatic relations with Cuba after more than a fifty year freeze and authorized a broader array of travel...
Taking Inspiration: Venezuela’s Turkish Connection
Taking inspiration
Turkey’s President Recep Tayyip Erdoğan won a referendum in April to change the parliamentary democracy in the country to an executive presidency. The...
What General Motors And Exxon Mobil Do Not Have In Common With Ford And...
‘Not open for business’
Venezuela is not exactly in the pink of health: the country’s economic indicators are pointing southward, the value of its currency...
Venezuela Equity
Venezuela: ETF and ADR Playbook Should the Turmoil Subside
Venezuela continues to reel under a socio-economic crisis
Venezuela, one of the world’s largest oil producing countries, an OPEC member and Latin America’s largest crude...
Funds Continue To Plow Money Into Venezuelan Bond Funds Despite Economic Chaos
Foreign investors are pulling out of Venezuela
Foreign companies have been pulling out of Venezuela since the country fell deeper into an economic crisis. Despite...
The Curious Case Of The Venezuelan Stock Market And Its 225% Surge This Year
Venezuela’s stock market performance
The Caracas Stock Exchange or Bolsa de Valores de Caracas (BVCC) is the only stock exchange in Venezuela (EMB). Venezuelan stock markets have...
Is This The End of The Road For Venezuela?
Rising default risk
Investors in Venezuelan debt (EMB) are undeterred by the rising probability of a default by this embattled country. Emerging market fund managers...
Goldman Faces Heat For Buying $2.8 Billion Worth of Venezuelan Bonds
Goldman Sachs buys $2.8 billion worth Venezuelan bonds
Goldman Sachs’ decision to buy $2.8 billion worth of bonds issued by Venezuela’s (EMB) oil company Petroleos...
Venezuela Fixed Income
The ETFs And ADRs Providing The Best Exposure To Embattled Venezuela
Investing in Venezuela
Venezuela is one of the world's biggest oil producers, attracting a lot of attention from foreign investors. The country is an OPEC...
Venezuela Political Risk
US Sanctions on Venezuela’s PdVSA Won’t Have Iran-Type Bite
The 28 January decision by the Trump administration to impose sanctions against Venezuelan state-owned oil company Petroleos de Venezuela (PdVSA) will have only a...
