Venezuela
Economy
BMI View: Venezuela's foreign reserves levels finished 2011 at US$27bn, a 7% fall from 2010 levels, despite oil prices being close to record highs. Not only was this the lowest nominal...
2012-02-03Economy
President Hugo Chávez appears to be gearing up for a crackdown on insecurity in the country in the run up to October's general election, following the announcement of several judicial...
2012-02-03Economy
BMI View: Preliminary figures released by the Banco Central de Reserva de Venezuela put inflation at 27.6% for 2011, slightly lower than our 29% estimate. We forecast inflation to remain...
2012-01-06Economy
Inflation has averaged 26.7% in the first seven months of the year and we have maintained our year-end forecast of 29.0% as we believe the government is unlikely to take the steps needed...
2011-09-30Economy
As a result of a significant uptick of government expenditures, we are revising up our real growth projection for Venezuela from 1.9% to 2.8% in 2011.Nevertheless, with oil prices...
2011-09-26Political Risk
Venezuelan President Hugo Chávez has returned to Cuba to begin his second round of chemotherapy. While the full extent of Chávez's condition remains unknown, he has vowed to run for...
2011-07-28Economy
Venezuela's real GDP grew by 4% in Q211, down from 4.5% in Q111. The rate of growth places upside pressure on our below-consensus forecast for real GDP growth to reach 1.9% by end-2011....
2011-07-28Economy
BMI View: As the government runs out of options on how to rein in inflation, increasing regulation will likely hurt the private sector more and contribute to further increases in...
2011-07-20



