Fino Cambur

Cool Bananas

Many or Few, Depends on the View

Dolares-y-bolivaresThis is a timely article from the foreign press about the Venezuelan Economy.

“This is the holy grail,” Vinny says as he boards the flight to Milan. The journey will earn him some 100,000 air miles and help re-qualify him for American Airlines’ highest frequent-flier tier. When using money obtained on the black market, the cost of flights out of Venezuela can be up to ten times less than normal market prices. A return flight from Caracas to New York can effectively cost $150; to London, $300; and to Dubai, $500.

Read more: Venezuela’s Currency Controls propel those in the know to the top | TIME.com http://world.time.com/2014/01/23/venezuelas-currency-controls-propels-those-with-connections/#ixzz2rcfRDNun

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Information

This entry was posted on January 27, 2014 by in Michael and tagged .

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 825 other subscribers
Neverita

Neverita

I'm a mom to an amazing little boy, wife to a supportive and adventurous husband, teacher in an international community, and lover of gardening, reading, cooking shows, lattes, and sharing.

View Full Profile →

%d bloggers like this: