Global food prices registered a 1.9 % increase, according to recent data from the Food and Agriculture Organization of the United Nations (FAO).
According to the organization, this is “a larger increase than that recorded in July, of 0.6 %. Compared to August 2015, the global price of food rose 2.5…
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El Salvador agrees with IMF to freeze Bitcoin purchases in exchange for $1.4 billion loan
El Salvador reached an agreement with the International Monetary Fund (IMF) last week to halt its Bitcoin purchases in exchange for a $1.4 billion loan from the organization.
President Nayib Bukele made the decision for the good of the…
Venezuela’s inflation in August was 8.9 %
According to the Central Bank of Venezuela, inflation in August reflected a slowdown, reaching 8.9 %.
"This is the second lowest monthly variation reported by the issuing entity in 2016, only behind the 6.3 % recorded in May, and marks a…
Chevron to double oil production in Venezuela
Chevron's $7 billion investment plan in Venezuela aims to double oil production. The goal is to reach 600,000 barrels per day in five years in the Orinoco Belt.
This move is crucial for the Venezuelan oil industry. Chevron's decision comes…
OFAC issues licenses easing sanctions on Venezuela’s mining sector
On September 2, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General Licenses 51D, 54C, and 55A, which ease sanctions applied to the coal and minerals industry in Venezuela, including gold.
The…
Let’s clarify what an IP address is, what it is used for, and how you can protect it
An IP address is a set of numbers that identifies a device connected to the internet and functions as a digital address, similar to a postal code for a residential address, pinpointing exactly where information should be delivered.…
Cryptocurrency theft using fake Claude desktop app
Cybercriminals are using a fake Claude desktop application to spread RevStealer malware, which has reportedly affected more than 50 crypto wallets.
In their operations, the hackers have used the fake Claude Opus 5 Free Desktop app to steal…
Venezuela ready to attract Investment and boost exports
Venezuela's Vice Minister of International Trade, Marynna Saatdjian, met this week with the Brazilian Ambassador Gilvania Maria de Oliveira, the Chargé d'Affaires of the European Union Pierre-Henri Helleputte, and the commercial attachés of…
Venezuela advances in crypto adoption, but lags behind in financial integration
Venezuelans are turning to cryptocurrencies as a hedge against the devaluation of the bolivar and the difficulty of obtaining dollars. However, this trend is not aligned with key areas that remain underdeveloped, such as the integration…
US Congress averts Government shutdown with federal budget extension
With 370 votes in favor and 48 against, the US House of Representatives passed a resolution on Tuesday, September 1st, to extend the federal budget, effective from September 30th to December 11th.
This extension, which had already been…
UNICEF ships one million diphtheria and tetanus vaccines to Venezuela
The United Nations Children's Fund (UNICEF) delivered one million diphtheria and tetanus vaccines to the Venezuelan Ministry of Health on Monday, August 31.
The organization stated regarding this measure: "One million doses, one million…
Revolut launches EURR, its own euro-backed stablecoin
The neobank and digital financial technology company Revolut announced the launch of its own stablecoin, EURR, backed by the euro and issued by Bridge, a subsidiary of Stripe.
With this innovation, it will be fully integrated into the…