Raylí Luján (EN)
Journalist in Venezuela
English
Guyana: An Economic Miracle or a Short-Term Mirage In Latin America?
The South American country’s economy is expected to see the region’s fastest growth following the discovery of huge oil reserves, but which presents a huge challenge for its government
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Venezuela’s Inflation Hits Year-to-Date High In August
The country saw a 13.6% hike in prices during the month, bringing year-on-year inflation to 422%
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What Are the Venezuelan Opposition Primary Candidates’ Economic Proposals?
Only two of the 14 candidates participating in the primaries in a bid to represent a unified opposition in next year’s presidential elections have announced their economic advisory team
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Thousands of Venezuelans Abroad Register to Vote to Select Opposition Candidate
Chile is the country with the largest number of Venezuelan immigrants who have registered to vote in the October 22 primaries
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Which Business Sectors Have Suffered the Most from Venezuela’s Economic Decline?
Restaurants and the hospitality sector felt the harshest impact from the country’s economic decline, with sales down 68% compared to last year
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Venezuela’s Democratic Setback Is Real and Has Caused a Humanitarian Crisis, US Claims
Bloomberg Línea talked to the Department of State about the meeting between presidents Lula and Maduro, with the former having claimed that accusations of human rights violations in Venezuela are “part of a narrative”
English
Venezuela, Brazil Rekindle Relations After 8-year Estrangement
Presidents Lula and Maduro met in Brasilia for the first time since the former’s election victory in October, and who acknowledged “political errors” during the administration of his predecessor Jair Bolsonaro
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Coffee Beans Become a Currency In Venezuela
Sacks of coffee as payment for vehicles or property would be unheard of in Caracas, but in a municipality of Portuguesa, beans have become a currency
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What Is the Real Price of Gasoline In Venezuela?
There are two officially authorized prices, one for supplying the fuel at a subsidized price, and the other for service stations at international, or dollarized, prices
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Ferrari Roars Back Into Venezuela Despite Poverty, Hyperinflation
There are more than 100 Ferraris in Venezuela. Who buys these luxury cars amid the country’s economic crisis? Bloomberg Línea talks to the owner of the brand’s dealerships in the country
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Venezuela’s Oil Minister Resigns Amid Arrests Linked to Corruption Allegations
Tareck El Aissami announced his resignation in a tweet on Monday as the government carried out a series of arrests as part of Nicolás Maduro’s government’s investigations into acts of corruption
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Fake Nike Store Renews Concern Over Pirated Brands In Venezuela
An imitation Nike store in Caracas follows the case of a fake Starbucks, causing concern about the unauthorized use of brands and the sale of pirated goods in the country
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Optimism of Better Times Prevails Among Venezuelan Businesses
Eduardo Fortuny, a speaker at a forum in Caracas on economic prospects for 2023, says optimism among business leaders is mainly focused on the second half of the year
Linea Latina
Venezuelan Baseball Advances to Second, Third Base After MLB Lifts Sanctions
More than 20,000 people have attended the Caracas-Magallanes classics this year, a 60% increase compared to the one prior
News in English
Venezuelan Opposition Parties Call for End to Juan Guaidó's Interim Government
Three parties, Un Nuevo Tiempo, Primero Justicia and Acción Democrática propose the elimination of the government due to a lack of results and strategies
News in English
‘Going Back is Riskier:’ Venezuelan Migrants Face Long, Perilous Trek to US
Venezuelan migrants heading for the US face dangers and abuses, and even ending up in limbo at the Mexico-US border. Migrants and their guides tell their stories to Bloomberg Línea
News in English
US Unveils New Immigration Process for Venezuelans
President Biden’s administration has published new regulations outlining how Venezuelans can obtain one of the 24,000 visas to be made available
News in English
Venezuela’s Hospitality Sector Recovery Led By Luxury Hotels
The Hotel Cayena in Caracas, a favorite among diplomats and artists and which charges up to $950 a night, is among the high-end hotels that have seen their occupancy rate rise in recent months
English version
Venezuela and Colombia to Reopen Border, Reestablish Consulates
Venezuelan Foreign Minister Carlos Faria and his counterpart Álvaro Leyva, appointed by President Gustavo Petro, held a meeting in San Cristóbal, located in the border state of Táchira
English version
Who Are Venovu, the Group Behind the Purchase of Avon in Venezuela?
With little information forthcoming regarding its production processes, the company, which was presented by the Labor Ministry of President Maduro’s government, has recently created private social media accounts
English version
Avon Cosmetics Departs Venezuela, Transfers Assets to Local Company
The global cosmetics company is quitting the South American country, leaving its assets and workforce in the hands of a local firm
English version
Venezuela a Land of Opportunity for Innovators, Entrepreneurs Amid Technological Setbacks
The Founder Institute set up shop in Caracas last year and has made some surprising discoveries among the hundreds of people who apply to join its training programs
News in English
Number of Venezuelan Young Entrepreneurs Swells Amid Search for Solutions to Adversity
The number of members of the country’s Association of Young Entrepreneurs (AJE) has tripled over the past year
News in English
Venezuela’s Growth Seen Outpacing South American Average In 2022
In an interview with Bloomberg Línea, ECLAC’s Daniel Titelman says the country could bring eight years of recession to an end this year, if economic predictions are correct
English version
Russia-Venezuela Relations Remain Deep Despite Global Isolation of Moscow
How committed is Caracas to Vladimir Putin? More than 20 bilateral agreements, including military cooperation, bind the two countries despite Moscow’s global isolation
News in English
‘We Need to End the Dictatorship’: An Interview with Venezuela’s Juan Guaidó
The interim president talks to Bloomberg Línea about the challenges of ending President Maduro’s rule
English version
Venezuela Begins 2022 with Flexibility, Confusion in Fight Against Omicron
Maduro’s government contradicts itself regarding quarantine measures