The Venezuelan Banking Association (AVB) issued Circular No. 188, informing that, starting May 1st, the Central Bank will cease processing checks through the electronic clearinghouse (CEE).
According to the AVB, a new system will be established: validation and collection will be done directly at…
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The White House could allow cryptocurrencies in retirement plans
Last week, the White House accepted for review a proposal from the Department of Labor to allow cryptocurrencies in 401(k) retirement plans.
The Office of Information and Regulatory Affairs (OIRA) has already assessed the proposal and…
Experts identify 45 Earth-like planets
There are 6,000 identified exoplanets. Researchers from the Carl Sagan Institute at Cornell University (United States) identified 45 with Earth-like characteristics, with the potential to harbor extraterrestrial life.
According to the…
Trump to meet with Xi Jinping in Beijing on May 14 and 15
The meeting between Donald Trump and Xi Jinping, originally planned for March, will now take place in Beijing on May 14 and 15. The two leaders will discuss key issues such as trade, technology, security, and the Middle East conflict.
The…
Panama addresses the impact of rising fuel prices due to the conflict in the Middle East
Felipe Chapman, Panama's Minister of Economy and Finance, assured last week that the country remains stable in the face of the Middle East crisis, which has generated a rise in oil prices, with consequences for the price of electricity,…
Coffee consumption and demand in Venezuela guaranteed for this year
The director of Piro Café, Ricardo Martínez, stated last week that coffee consumption and demand in Venezuela are guaranteed for this year.
He indicated that the information is endorsed by the general manager of the Venezuelan Coffee…
Ecuador and Colombia to strengthen border security
Last week, the Andean Community convened a virtual meeting between authorities from Ecuador and Colombia in Lima, Peru, to discuss security along their shared border. Both countries reaffirmed their commitment to combating transnational…
Venezuela’s debt to Italian oil company Eni reaches $3.3 billion
The Italian oil company Eni presented a report last week reflecting a debt of $3.3 billion owed by Venezuela's state-owned PDVSA to the firm. This comes amidst negotiations between Venezuela and the United States regarding oil and the…
Venezuela’s strategic minerals can boost economic development
Venezuela's economic development is progressing steadily. According to economist Avilio Lavarca, deposits of strategic minerals, such as iron and bauxite, can contribute to this process.
Lavarca recently indicated that "Venezuela possesses…
Sweden wants to return to textbooks after 15 years of digitized classrooms
After 15 years since the decision that led Sweden to replace printed books with tablets and laptops, the country wants to return to paper texts. The reason? The failure of a gamble on digital education that negatively impacted reading…
Openbank expands its cryptocurrency offering with the addition of Solana and Polkadot
Openbank announced that in addition to the cryptocurrencies Bitcoin, Ether, Litecoin, Polygon, and Cardano, it has added Solana and Polkadot to its investment portfolio in Spain.
The 100 % digital bank, part of the Santander Group,…
Brazil toughens penalties against criminal gangs
On Tuesday, March 24, Brazilian President Luiz Inácio Lula da Silva enacted a new law establishing harsher penalties for members of criminal gangs.
The legal instrument establishes sentences of up to 40 years in prison “for the leaders of…