On August 20, US President Donald Trump signed the National Security Presidential Memorandum ordering NASA to study commercial ways to send humans to Mars.
Trump wants to give a major boost to space transportation and plans to "allow more than 1,000 launches and re-entries on US soil annually by…
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China develops self-healing living fabric for clothing
A publication from the Shenzhen Institutes of Advanced Technology of the Chinese Academy of Sciences mentions the creation in the Asian country of a self-healing living fabric for clothing.
"The material created by the scientists proved to…
Power rationing affects business activity in Venezuela
The Venezuelan government decided to implement power outages due to the effects of the Super Niño phenomenon. Business owners indicate that the measure is generating losses in the millions and decreasing production, so they are demanding…
OFAC General Licenses 61 and 62 authorize negotiations in the telecommunications sector
The U.S. Office of Foreign Assets Control (OFAC) issued new General Licenses 61 and 62 on August 12, which allow the export to Venezuela of goods, software, hardware, and services related to the installation, improvement, maintenance, and…
BCV to inject between $1.2 billion and $1.8 billion into the exchange market through December
Economists Hermes Pérez and Luis Crespo estimate that the Central Bank of Venezuela (BCV) will inject between $1.2 billion and $1.8 billion into the market through December.
They indicated that "the decision regarding the amount of…
Central Bank of Ecuador reports 2 % economic growth in June
The Central Bank of Ecuador's (BCE) recent report on economic growth placed the indicator at 2 % for the month of June, with the main contributions coming from the services (2.6 %), manufacturing (3.8 %), construction (3.4 %), and trade…
Bancamiga consolidates growth driven by foreign currency deposits
At the close of July 2016, a monthly increase of 11.09 % was observed, reaching 264,034 million bolivars (US$353.5 million).
This result makes Bancamiga the bank with the highest relative monthly growth among large banks and second…
US companies and citizens exempt from reporting beneficial owners
A new rule approved on August 14 by the US Treasury Department permanently exempts US companies and citizens from reporting beneficial ownership, as required by the Corporate Transparency Act.
The measure, which also includes the deletion…
Taxpayer identification number must appear on social media and digital platform advertising
The National Integrated Customs and Tax Administration Service (SENIAT) announced last week that it will be mandatory for businesses, brands, entrepreneurs, individuals or entities promoting goods to display their Taxpayer Identification…
US sovereign debt surpasses $40 trillion
The US economy is facing a setback as a result of decisions made since 2015 by President Donald Trump, the Supreme Court's ruling that the president's tariff collection was illegal, and federal government spending that exceeds revenue by $2…
Maiquetía completes tests at temporary terminals and resumes flights
Venezuelan aeronautical authorities have completed tests at the temporary terminals of the Simón Bolívar International Airport in La Guaira state, and commercial flights will resume this Monday, August 24.
The temporary infrastructure,…
ESET joins European project to combat inequalities in the technology sector
ESET, a leading company in proactive threat detection, is part of GENDEII –Gender and Diversity, Equity and Inclusion (DEI) Indicators for European and Latin American Technology Companies, and Related Training Strategies– a research project…