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Venezuela

Venezuela Articles
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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... 2012-02-03


Economy

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... 2012-02-03


Economy

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... 2012-01-06


More ARTICLES

Economy

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... 2011-09-30


Economy

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... 2011-09-26


Political 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... 2011-07-28


Economy

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.... 2011-07-28


Economy

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

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