The potential easing of US sanctions against Venezuela is encouraging a group of bondholders with approximately $60 billion in debt to pursue a possible renegotiation.
The current political landscape has opened the door to potential negotiations, according to Bloomberg Linea, for a historic…
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Bancamiga marks a year of exceptional expansion and profitability
2025 closed for Bancamiga with results that allowed it to consolidate its position as one of the leading institutions within the large segment, driven by the outstanding annual growth of its assets. As of December, its total assets…
Bolivia’s GDP could contract in 2026
In its recent projections for 2026, the World Bank indicated that Bolivia could experience a 1.1 % contraction in its GDP.
According to the international institution, the nation could experience the steepest decline in Latin America, due…
IMF begins meetings with Venezuela to assess internal economic situation
Amid the current political situation in Venezuela, the International Monetary Fund held an off-the-cuff meeting with the country to assess the internal economic situation and the feasibility of resuming bilateral relations.
Some of the…
US dollar faces restrictions on the international stage
More than a dozen countries worldwide have decided to restrict or completely prohibit transactions in US dollars as a protest against its hegemony in the commercial sector.
The US currency faces various initiatives, such as the BRICS…
China announces discovery of seventh oil field in the Bohai Sea
The discovery of a new oil field in the Bohai Sea, China, by the end of 2025, is the seventh since 2019 and further strengthens the country's oil wealth, according to the China National Offshore Oil Corporation (CNOOC).
The new Qinhuangdao…
International oil companies set demands to return to Venezuela
Donald Trump, President of the United States, is advancing his plans to maximize commercial profits from Venezuelan oil, calling on international oil companies to return to the South American nation.
These companies, however, have…
Monday, January 19th is a bank holiday
Next Monday, January 19th, will be the second bank holiday of 2026, according to the Superintendency of Banking Sector Institutions (Sudeban), corresponding to the Day of the Divine Shepherdess, celebrated on Wednesday the 14th.
Bank…
Venezuela announces a reform of the national electric system
Venezuela's interim president, Delcy Rodríguez, announced last week new laws that will be incorporated into existing legislation, focused on the modernization and recovery of the national electric system.
In this regard, Rodríguez spoke of…
EU approves agreement with Mercosur
The countries of the European Union approved the agreement with Mercosur last Friday, January 9, after more than 25 years of negotiations, representing a historic step towards the creation of the world's largest free trade area.
The…
Rebuilding Venezuela’s electrical system among US priorities
An official document published by the U.S. Department of Energy revealed Donald Trump's interest in the recovery of Venezuela's electrical system, an aspect that is, in fact, one of the priority points of cooperation between the two…
Venezuela activates the Agro-Food General Commission
Last week, the Agro-Food General Commission was activated in Venezuela by interim president Delcy Rodríguez.
The announcement was made last Tuesday, January 6, detailing that the objective of this commission is "to guarantee and strengthen…