Economics
Maduro Picks Food Over Bondholders as Venezuela Goes Hungry
- He stalls a fiscal reckoning, freeing up a scant $9.7 billion
- President gambles on voting from the stomach, if not the heart
RVX's Zucaro on Venezuela's Debt Overhaul Plan
This article is for subscribers only.
The box arrives at Pedro Key’s door once a month bearing rice, pasta, cooking oil and beans meant to ensure the future of Venezuelan President Nicolas Maduro.
“If it wasn’t for the government, we would starve,” the 64-year-old retired blacksmith said one recent afternoon after receiving the subsidized groceries, for which he pays just pennies. “If the opposition had power, they’d take away what little we have.”