Conflicts in the Middle East have always influenced oil prices. The current crisis in the region is no exception, and the increase in the price of a barrel of crude oil has a positive impact on the Venezuelan economy.
Expert opinions indicate that conflicts in the Middle East generate an upward…
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Meta AI App on Instagram fails and exposes private chats
A flaw in the Meta AI app on Instagram left dozens of private conversations exposed in the feed without users' consent.
The issue affects users once they log into Instagram, interact with the chatbot, and use the "share" button next to the…
Ecuador has detected $600 million in money laundering in 2025
The director of Ecuador's Financial and Economic Analysis Unit (UAFE), José Neira, stated this Wednesday that the agency has detected approximately $600 million in alleged money laundering cases so far this year.
According to Neira, "these…
Banks will remain closed on Monday, June 16
Bank branches in Venezuela will not be open to the public next Monday, June 16, as they will remain closed in observance of the religious holiday of Saint Anthony's Day, which is celebrated today, Friday the 13th.
The Superintendency of…
Latin America advances inventory stockpiling in response to Trump’s tariffs
The extension for the tariffs imposed by Donald Trump is about to expire, and Latin American countries are advancing inventory stockpiling as a measure to mitigate the effect of this measure.
The United States tariffs are expected to have…
OVF: Annualized inflation in May reached 229 %
The monthly inflation rate in Venezuela stood at 26 % last May, according to the Venezuelan Finance Observatory report. In April, the Venezuelan Finance Observatory placed this indicator at 18.4 %.
According to the independent entity, the…
ESET Security Day raised awareness about the sophistication of cybercrime
The 14th edition of the ESET Security Day Venezuela event took place on Thursday, June 5th. Representatives from this company (a global leader in cybersecurity) participated, addressing various aspects of the conference's central theme:…
Cybersecurity is a strategic investment, not an expense; says Lino Simoes of MásQueSeguridad
From Venezuela, engineer Lino Simoes, general manager of MásQueSeguridad (MQD), urges Latin American companies to rethink cybersecurity as an "essential investment for business resilience," highlighting that cyberattacks in the region…
Tech companies could soon include stablecoins as a payment tools
The security and speed offered by the use of stablecoins in payment systems, in addition to the reduction in transaction costs, are among the main motivations for companies like Airbnb, X, Google, and Apple to want to integrate them into…
Venezuela’s oil production exceeds 1 million barrels per day
Venezuelan Vice President Delcy Rodríguez indicated that the country's oil production remains above 1 million barrels per day.
This statement was made by the Minister of Hydrocarbons during a working meeting with the Council of Vice…
Ecuador establishes 20 % tariff on personal online purchases
Personal online purchases through platforms such as Amazon, Shein, or Temu in Ecuador will be subject to a 20 % tax starting June 16, according to the Ministry of Production and Foreign Trade.
The local government has reported that the…
Venezuela increased the Tax Unit value
The National Integrated Service of Customs and Tax Administration (Seniat) of Venezuela adjusted the value of the Tax Unit from 9 to 43 bolivars.
This was reflected in Official Gazette No. 43,140, dated June 2, 2025.
The value of the…