The industrial sector in Lara State, Venezuela, has shown a slow but steady reactivation, according to Joel Segura, president of the Federation of Chambers and Associations of Commerce of the region, who spoke last week.
According to Fedecámaras Lara, “after a period of inactivity, the metalworking…
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Key figures for the 2026 World Cup
With less than 150 days until the 2026 World Cup, figures are already being discussed regarding millions in revenue for the host cities, in addition to job creation and a boost to related sectors such as transportation, accommodation,…
Shell estimates multi-billion dollar investment in Venezuelan natural gas
The energy company Shell is evaluating a multi-billion dollar investment in Venezuela's offshore natural gas sector, according to the company's CEO, Wael Sawan.
This is an opportunity that could materialize in the coming months, according…
Banks will be closed on Monday, February 16th and Tuesday, February 17th for the Carnival holiday
Bank branches will be closed nationwide on Monday, February 16th and Tuesday, February 17th due to the Carnival holiday in Venezuela, as reflected in the calendar of the Superintendency of Banking Sector Institutions (Sudeban).
As is…
Caracas Stock Exchange anticipates stabilization of the economic system
The president of the Caracas Stock Exchange, José Grasso Vecchio, indicated during an interview last week that there are positive expectations regarding the stabilization of the Venezuelan economic system.
The executive stated that the…
Fedeindustria estimates 2026 as a positive year for the Venezuelan economy
The territorial president of the Federation of Chambers and Businesses of Venezuela (Fedeindustria), Jorge Hernández, has indicated that 2026 will be a positive and decisive year for the country's economic recovery.
In the words of the…
Brazil’s Central Bank to cut interest rates in March
Brazil's Central Bank would implement an interest rate cut, currently at 15%, starting in March if the projected inflation rate for 2026 of 3.0 % is maintained.
During the recent meeting of the Monetary Policy Committee (Copom), in the…
Cavidea calls for a level playing field regarding potential imports from the United States
The president of the Venezuelan Chamber of the Food Industry (Cavidea), Juvenal Arveláez, stated last week that they are not afraid of potential imports of basic food items from the United States, provided there is a level playing field for…
Bancamiga boosts Yaracuy’s agricultural and industrial potential with its new branch
To contribute to boosting the growth of Yaracuy State, Bancamiga inaugurated its San Felipe branch on February 10th, the first in the state and the institution's 51st overall.
With the attendance of prominent representatives from the…
Bolivia prepares package of laws to attract investment in strategic sectors
The Bolivian government announced on Tuesday, February 3, that it is working on a package of laws aimed at strengthening the national economy and sustainable development by attracting domestic and foreign investment.
The South American…
OFAC authorizes sale of US diluents to Venezuela
The Office of Foreign Assets Control (OFAC) issued a new license last week for the sale of US diluents to Venezuela, as part of the opening of crude oil exports from the South American country.
According to this license, the export and…
Oversharing and Cybersecurity: Dangers when employees share too much online
Employee advocacy has existed as a concept for over a decade. But what began as a well-intentioned way to enhance corporate profile, thought leadership, and marketing also has some unintended consequences. When professionals post about…