Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Venezuela’s economy is so bad that thieves can’t find people to rob

The feared street gangster El Negrito sleeps with a pistol under his pillow and says he’s lost track of his murder count. But despite his hardened demeanor, he’s quick to gripe about how Venezuela’s failing economy is cutting into his profits.

Firing a gun has become a luxury. Bullets are expensive at $1 each. And with less cash circulating on the street, he says robberies just don’t pay like they used to.

For the 24-year-old, that has all given way to a simple fact: Even for Venezuelan criminals, it’s become harder to get . . .

Read Full Story

Related Posts

Olas Altas Beach stands under a red flag

Puerto Vallarta issues red flags across key tourist beaches

Eight Puerto Vallarta beaches flew red or mixed flags on Feb. 20 as lifeguards warned...
Playa del Carmen home demand is turning more permanent

Playa del Carmen home demand is turning more permanent

More buyers are moving to Playa del Carmen to live year-round, nudging developers beyond vacation...
Los Cabos courts Gulf travelers with premium air plans

Los Cabos courts Gulf travelers with premium air plans

Los Cabos is targeting higher-spend visitors and keeping Emirates talks alive as it plans longer-term...
kovay

Mexico probes Kovay Gardens resort after US sanctions

Mexico’s FGR and UIF are investigating Kovay Gardens near Puerto Vallarta after U.S. sanctions tied...