Cuba is preparing for the arrival of a second oil tanker from Russia, after the country's Energy Minister, Sergey Tsiviliov, indicated that loading of the second tanker had already begun.
As is known, the President of the United States, Donald Trump, allowed the Russian tanker "Anatoly Kolodkin,"…
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Checks will no longer be processed through the electronic clearinghouse starting May 1st
The Venezuelan Banking Association (AVB) issued Circular No. 188, informing that, starting May 1st, the Central Bank will cease processing checks through the electronic clearinghouse (CEE).
According to the AVB, a new system will be…
The White House could allow cryptocurrencies in retirement plans
Last week, the White House accepted for review a proposal from the Department of Labor to allow cryptocurrencies in 401(k) retirement plans.
The Office of Information and Regulatory Affairs (OIRA) has already assessed the proposal and…
Panama addresses the impact of rising fuel prices due to the conflict in the Middle East
Felipe Chapman, Panama's Minister of Economy and Finance, assured last week that the country remains stable in the face of the Middle East crisis, which has generated a rise in oil prices, with consequences for the price of electricity,…
Venezuela’s debt to Italian oil company Eni reaches $3.3 billion
The Italian oil company Eni presented a report last week reflecting a debt of $3.3 billion owed by Venezuela's state-owned PDVSA to the firm. This comes amidst negotiations between Venezuela and the United States regarding oil and the…
Venezuela’s strategic minerals can boost economic development
Venezuela's economic development is progressing steadily. According to economist Avilio Lavarca, deposits of strategic minerals, such as iron and bauxite, can contribute to this process.
Lavarca recently indicated that "Venezuela possesses…
Colombia’s gross debt reaches $1.194 trillion
The National Association of Financial Institutions of Colombia recently presented a report reflecting an increase in the gross debt of the Central National Government (CNG) of $1.194 trillion (64.4% of GDP), a figure that represents the…
ESA develops Nomadlink, a device to maintain satellite communication during a blackout
The European Space Agency (ESA) announced last Monday that it is developing a rapidly deployable node called Nomadlink, which could be launched in 2027, to restore satellite communication during a disaster or power outage.
The goal of this…
Conflict in Iran: its impact on global cybersecurity and the risks it generates
Although the conflict is unfolding in the Middle East, the repercussions in cyberspace can affect organizations worldwide. A clear example occurred less than 24 hours after the start of the conflict, when Iranian drones attacked cloud…
Bank branches will be open from Monday, March 30th to Wednesday, April 1st
The Superintendency of Banking Sector Institutions of Venezuela (Sudeban) issued an official statement clarifying that during the Easter holiday, which includes public sector workers, bank branches will be open from Monday, March 30th to…
The 3rd International Cybersecurity Congress will be held on May 26 in Caracas
The 3rd International Cybersecurity Congress, convened by the Venezuelan Banking Association (Asobanca), will take place on May 26 in Caracas.
The invited panelists will address key topics not only for the future of Venezuelan banking in…
Cavefar reports 10 % increase in national drug consumption
The president of the Venezuelan Chamber of Pharmacies (Cavefar), Alicia Pinedo, reported a 10 % year-on-year increase in national drug consumption in February.
Pinedo noted that 85 % of the drugs consumed in the country are domestically…