Economist Asdrúbal Oliveros, managing partner of Ecoanalítica, recently indicated in a radio interview that foreign currency transactions in Venezuela have decreased to 16 %, while 84 % are made in bolivars, the local currency.
According to Oliveros, “We are currently at the lowest level of foreign…
Read More...
Author
Marilin Pino 7772 posts 0 comments
Shein under investigation by the European Commission for unfair commercial practices
The European Commission is investigating the Chinese online retail platform Shein for alleged violations of consumer protection regulations, unfair commercial practices, and distorted promotions.
This decision results from "an…
Banks will remain closed this Monday, June 2nd
Bank branches will remain closed this Monday, June 2nd, for the Ascension of the Lord religious holiday, according to the calendar of the Superintendency of Banking Institutions of Venezuela (Sudeban).
Venezuelans will be able to use…
Chevron to keep minimal activities in Venezuela
The US oil company Chevron will be able to carry out minimal operations in Venezuela after obtaining the necessary authorization, which clearly establishes the prohibition on operating oil fields in the South American country, exporting its…
Trump tariffs will remain in place following Appeals Court order
The reciprocal tariffs imposed by United States President Donald Trump were declared illegal by a federal trade court on Wednesday, ruling that the president alone does not have the right to impose this tax package.
The ruling was released…
Gold and silver payments will be a reality in Florida
New Legislation HB 999, signed on Tuesday, May 27 in Florida, by Governor Ron DeSantis in Apopka, establishes the use of gold and silver coins in the payment of goods, services, taxes, and other financial obligations, following specific…
OPEC to maintain production cuts until 2026
This Wednesday, during the 39th plenary meeting of ministers of the Organization of the Petroleum Exporting Countries (OPEC), the organization ratified the reduction in crude oil production until December 31, 2026.
Furthermore, "the…
France makes arrests amid rise in cryptocurrency-related crimes
The recent wave of kidnappings and attempted kidnappings of cryptocurrency holders, particularly in France, has led authorities to arrest more than 20 people involved in these cases.
A meeting between law enforcement authorities and crypto…
Sudeban issued alert on new fraud schemes
The Superintendency of Banking Institutions (Sudeban) of Venezuela warned citizens about the increase in digital fraud, urging users to remain vigilant and implement appropriate safeguards to avoid falling victim to scams.
Through an alert…
Third National Popular Consultation to be held on July 27
This Monday, during the 80th episode of "Con Maduro +," Venezuelan President Nicolás Maduro confirmed that the third National Popular Consultation will take place on July 27.
In this televised broadcast, the president emphasized that this…
WhatsApp is available for iPad
iPad users now have the option to install Meta's WhatsApp messaging app, after 15 years on the market.
iPad users were only able to use WhatsApp Web. Meta's decision to make it available for these devices opens up a range of communication…
The 2026 Hyundai Palisade debuted “Bigger and Better” at the New York Show
Hyundai's all-new 2026 PALISADE three-row SUV made its North American debut at the New York International Auto Show. This next-generation flagship builds on the momentum of previous models; in 2024, it recorded its best-ever sales year,…