From January to May, Peru recorded cumulative inflation of 1.05 %, while for the month of May, the Consumer Price Index (CPI) nationwide decreased by 0.05 %.
This was reported this Sunday, June 1, by the National Institute of Statistics and Informatics (INEI in Spanish), which also provided…
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Sundde inspects businesses to verify charges at the official BCV rate
To verify charges in dollars at the official rate of the Central Bank of Venezuela, the National Superintendency for the Defense of Socioeconomic Rights (Sundde) has launched a nationwide operation.
Ver…
Foreign currency transactions decrease in Venezuela
Economist Asdrúbal Oliveros, managing partner of Ecoanalítica, recently indicated in a radio interview that foreign currency transactions in Venezuela have decreased to 16 %, while 84 % are made in bolivars, the local currency.
According…
Banks will remain closed this Monday, June 2nd
Bank branches will remain closed this Monday, June 2nd, for the Ascension of the Lord religious holiday, according to the calendar of the Superintendency of Banking Institutions of Venezuela (Sudeban).
Venezuelans will be able to use…
Chevron to keep minimal activities in Venezuela
The US oil company Chevron will be able to carry out minimal operations in Venezuela after obtaining the necessary authorization, which clearly establishes the prohibition on operating oil fields in the South American country, exporting its…
OPEC to maintain production cuts until 2026
This Wednesday, during the 39th plenary meeting of ministers of the Organization of the Petroleum Exporting Countries (OPEC), the organization ratified the reduction in crude oil production until December 31, 2026.
Furthermore, "the…
Sudeban issued alert on new fraud schemes
The Superintendency of Banking Institutions (Sudeban) of Venezuela warned citizens about the increase in digital fraud, urging users to remain vigilant and implement appropriate safeguards to avoid falling victim to scams.
Through an alert…
EU car manufacturers have until 2027 to meet CO2 reduction target
The proposal launched in March by European Commission President Ursula von der Leyen to extend the deadline for car manufacturers to meet their annual CO2 reduction target was recently accepted by the EU-27, which set the deadline for 2027.…
Bancamiga Mobile: Two years banking Venezuelans
Bancamiga Mobile has been traveling across the country for two years, reaching more Venezuelans. These operations have been carried out in 128 states, allowing Bancamiga to offer its financial products and services in cities, towns, and…
Ecuador and Canada sign declaration for Free Trade Agreement
This Saturday, during the events commemorating the inauguration of President Daniel Noboa, Production Minister Luis Jaramillo and Canadian Minister of Export Promotion Maninder Sidhu signed a joint declaration to accelerate the signing of a…
Trump delays EU tariffs until July 9
This Sunday, the United States announced its decision to postpone the implementation of 50% tariffs on the European Union until July 9, following a telephone conversation between President Donald Trump and European Commission President…
Germany launches plan to confront recession
Germany is facing a severe recession with an immediate action plan. However, analysts see little chance of a quick recovery.
It is important to highlight that it is the only country on the continent to have faced this situation for two…