Researchers at the Zulia Institute of Technological Research Foundation (Inzit) in Venezuela developed a chitosan-based biodegradable coating that helps preserve the freshness of fruit, preventing spoilage and water loss.
These properties were verified during technical trials, according to…
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Bancamiga connects Amazonas to the financial future
To promote banking services in Puerto Ayacucho, Amazonas state, Bancamiga carried out an operation that integrated 477 transportation workers into the financial system, consolidating significant progress in financial inclusion and the…
European gas reserves at their lowest level in years
Recent data from Gas Infrastructure Europe shows the continent is facing its lowest gas reserve levels, raising concerns about replenishing inventories for the winter.
The European Union has two crucial periods for gas supply each year:…
ECLAC projects regional growth of 2.2 % this year and 2.5 % in 2027
The recent annual report of the Economic Commission for Latin America and the Caribbean (ECLAC), "Economic Survey of Latin America and the Caribbean 2026. Growth and productivity in a context of high informality: limitations and challenges…
Trump orders NASA to explore human flights to Mars
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…
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…