The US Federal Reserve left interest rates unchanged on Wednesday, leaving them between 3.75 % and 4 %.
The decision was supported by 10 of the 12 members responsible for the country's monetary policy, while inflation continues to rise.
"The Federal Reserve has not achieved its long-term inflation…
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Venezuelan government and Central Bank sign New Annual Economic Policy Agreement 2027
Authorities from the Ministry of Economy and Finance and the Central Bank of Venezuela announced the signing of the new Annual Economic Policy Agreement 2027, a crucial factor for the country's financial stability next year.
The meeting…
Fedecámaras anticipates upcoming announcements of progressive salary increases
At the fifth edition of the Expo Cámara Industrial, Fedecámaras treasurer Celso Fantinel indicated the possibility of upcoming announcements of progressive salary increases in 2026 and 2027.
According to the business leader, these…
Thunes announces the inclusion of Venezuela in its Direct Global Network infrastructure
Venezuela has been included in the Thunes global cross-border payments network, opening the possibility for international banks and other linked platforms to settle funds directly into accounts in the country through the Interbank…
The United States removes Venezuela from list of countries under investment controls
The United States decided to remove Venezuela from the list of countries under U.S. investment controls, according to an announcement from the Treasury Department on Thursday, October 22.
According to media outlets that reported the…
Bancamiga presents the special edition Saint José Gregorio Hernández debit card
To commemorate the first anniversary of his canonization and the 162nd anniversary of his birth, Bancamiga presented the special edition Bancamiga Debit Card with a design honoring Saint José Gregorio Hernández.
In addition to the image of…
China’s economy shows slight growth in last quarter
Recent data from China's National Bureau of Statistics reports year-on-year economic growth of 4.5 % in the last quarter.
"The figure slightly exceeded AFP's projection of 4.4 %, based on a survey of economists, and remains at the lower…
Venezuelan agricultural sector authorized to use commercial drones
The Venezuelan government lifted the suspension on the use of agricultural and commercial drones, which had been in effect since 2025. This means the sector can now use these unmanned aircraft for monitoring and other functions.
According…
World Bank supports open source AI in Latin America to boost productivity
The World Bank estimates that the use of open source artificial intelligence could help reduce the productivity gap in Latin America and the Caribbean, as well as boost regional economic development.
The organization proposes that, instead…
First IDB disbursement to Venezuela to be dedicated to social strengthening
Following the restoration of relations between Venezuela and the Inter-American Development Bank (IDB), the country will receive the first disbursement of $2 billion. This money will be used for what has been termed “social strengthening.”…
OPEC+ to set new supply quotas in January 2027
OPEC+, led by Saudi Arabia and Russia, agreed to freeze crude oil supply quotas. The adjustment will not be made in November but on January 1, 2027.
The main reason for maintaining the quotas in November is the observed gap between the…
High energy prices could persist even after the end of the Middle East conflict
In recent statements, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, warned that high energy prices could persist for some time, even after the end of the conflict in the Middle East.
The global…