Through the Ministry of Electricity, the Venezuelan government announced the reduction of the public sector working hour from 8:00 a.m. to 12:30 p.m., applying the 1x1 system, which consists of one working day for one non-working day.
The main reason for this decision is the global impact of the…
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Brazil reduces import taxes to zero on 11 basic products
The Brazilian government, following orders issued by President Luiz Inácio Lula da Silva earlier this month, implemented a zero import tax reduction on eleven basic products.
The measure applies to meat, sardines, roasted coffee, coffee…
Trinidad and Tobago to strengthen cooperation with China
Deepening cooperation between Trinidad and Tobago and China is a priority for the Caribbean nation, Prime Minister Keith Rowley stated at a local event on Saturday.
The official referred to this cooperation on Saturday, March 15, during…
Bancamiga celebrates 18 years of improving the financial experience of Venezuelans
With its firm intention to continue consolidating itself in the Venezuelan financial system as an innovative bank that promotes banking access and contributes to the country's development, Bancamiga reached its coming of age this Wednesday,…
The bolívar has devalued 30 % so far this year
The legal currency in Venezuela, the bolívar, has lost 30 % of its value so far this year, according to estimates by the independent Venezuelan Finance Observatory (OVF).
According to the independent organization, "for every 1 % the…
OECD forecasts Costa Rica’s GDP growth at 3.8 %
The Organization for Economic Cooperation and Development (OECD) forecasts Costa Rica's Gross Domestic Product growth of 3.8% this year.
The international organization presented the data last Tuesday through the OECD Economic Surveys:…
First Hydrocarbon Sovereignty Expofair starts on March 20
Venezuelan President Nicolás Maduro announced that the first Hydrocarbons Sovereignty Expofair will begin on March 20 at Simón Bolívar Park in La Carlota.
The exposition will run for 10 days, with presence throughout the country, and is…
The SEC could exclude crypto companies from registration as securities brokers
Amid discussions about the creation of a bitcoin fund in the United States and the ups and downs in the price of the market's leading cryptocurrency, acting SEC Chairman Mark Uyeda asked staff to abandon "a rule change that would expand the…
US fuel inventories could shrink in 2026
The United States could face a reduction in its motor fuel, distillate fuel oil and jet fuel stocks in 2026 due to the effects of refinery closures and falling prices.
The US Energy Information Administration (EIA) forecast in its February…
Venezuela’s inflation in February was 12.8 %
The Venezuelan Finance Observatory (OVF) issued the report on the inflation rate for the month of February of this year, indicating that the monthly index was 12.8 %, while the annualized inflation reached 117 % and the accumulated…
On March 8, the world remembers the struggles and demands of women
March 8 was declared International Women's Day by the United Nations (UN) in 1975; however, the General Assembly of the organization adopted it in 1977. Long before, women were recognized for their contribution to the economy, education and…
Crixto Pay app allows you to use cryptocurrencies to make payments in bolivars
The crypto-financial services company Crixto Venezuela C. A. announced last week that its Crixto Pay mobile application is now available to use cryptocurrencies for payments in bolivars in the country.
The platform is authorized to…