Story perspectives

Entrepreneur Adapts Amid Venezuela's Political Turmoil and Shortages

1/10/2026

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Summary

Story summary

Thilo Schmitz, a German-Venezuelan entrepreneur in Caracas, navigates Venezuela's uncertain political landscape after the United States removed Nicolas Maduro.
His office-supplies business adapts as demand for gluten-free pasta rises amid shortages.
Schmitz remains optimistic about the interim government under Delcy Rodríguez, expecting stability.
Importing medical technology faces delays from suspended flights, urging certainty to attract investment.
Schmitz ties investment to reviving Venezuela's oil sector, which holds the largest crude reserves.

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Story summary

Thilo Schmitz, a German-Venezuelan entrepreneur in Caracas, navigates Venezuela's uncertain political landscape after the United States removed Nicolas Maduro.
His office-supplies business adapts as demand for gluten-free pasta rises amid shortages.
Schmitz remains optimistic about the interim government under Delcy Rodríguez, expecting stability.
Importing medical technology faces delays from suspended flights, urging certainty to attract investment.
Schmitz ties investment to reviving Venezuela's oil sector, which holds the largest crude reserves.