Venezuela

The Venezuelan government's recent decision to formally reject Larry Palmer as the new US ambassador to Caracas highlights the tense relationship between the two countries. Palmer... 2010-09-30

BMI View: According to the Banco Central de Venezuela, consumer price inflation (CPI) in Caracas fell to 30.0% y-o-y in August from 30.9% y-o-y in July, the lowest rate since March.... 2010-09-30

BMI View: According to the Banco Central de Venezuela, consumer price inflation (CPI) in Caracas fell to 30.0% y-o-y in August from 30.9% y-o-y in July, the lowest rate since March.... 2010-09-30

A weaker external outlook for Q410-2011 has seen a downward revision to some of the top-ranked economies in our most recent Latin American sovereign risk ratings. Yet, while several... 2010-09-16

BMI View: While we are still forecasting a 3.8% y-o-y contraction in Venezuelan real GDP for 2010, contrary to consensus we believe the worst of the recession has passed. Although... 2010-09-15

BMI View: We believe the US$600mn investment deal for the redevelopment of Puerto Cabello shipping port bodes well for Venezuela's external accounts and business environment. The... 2010-09-03

We have along argued that Venezuela's heavily regulated exchange rate regime is wholly inadequate to cope with dollar demand in the fragile economy, and Telefónica Móviles Venezuela... 2010-09-03

BMI View: Following Venezuela's real GDP contraction of 5.8% y-o-y in Q110, the economy experienced 10.4% q-o-q growth to post -1.9% y-o-y growth in Q210. Although it appears that... 2010-09-03

BMI View: Following Venezuela's real GDP contraction of 5.8% y-o-y in Q110, the economy experienced 10.4% q-o-q growth to post -1.9% y-o-y growth in Q210. Although it appears that... 2010-09-03

BMI View: With Venezuela's legislative elections in sight we believe intense party campaigning will heighten political risks over the coming weeks. While the outcome is still too... 2010-08-31