State-owned Petróleos de Venezuela S.A. (PDVSA) generated revenues of $ 8.4 billion between January and July of this year, thanks to increased exports.
According to data on international crude oil sales, there was an increase of 18 % during the first seven months of 2025.
“Average exports between…
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ECB accelerates development of the digital euro
Transforming euro banknotes into digital format is not a new idea. However, there are currently compelling reasons that are leading the European Central Bank (ECB) to accelerate the process toward a solution that safeguards the region's…
Fall in exports to the US worsens Japan’s trade deficit
During July, Tokyo's exports to Washington fell 24 %, worsening Japan's fiscal deficit to 17.5 billion yen (€683 million).
This is the third consecutive deficit, "in a context marked by the slowdown in trade with the United States, its…
Bancamiga Strengthens Presence in Caracas with Los Próceres Branch
With the firm intention of continuing its expansion and brand positioning, Bancamiga changed its name to the La Rinconada branch. As of this week, it became the Los Próceres branch, the fifth in the Libertador municipality, along with…
Maduro affirms agricultural production maintains stable annual growth
Venezuelan President Nicolás Maduro has indicated that the country maintains stable annual growth in the agricultural sector, which is between 4.5 and 5 %.
Maduro emphasized that 14.5 million hectares are available for production, aimed at…
Venezuela and China consolidate trade cooperation in exports and technology
Authorities from Venezuela and China held a meeting in Caracas with the aim of strengthening their trade ties in key sectors such as exports and technological development.
The meeting was attended by Venezuelan Minister of People's Power…
Venezuela proposes a reform to the legal regulation of inland fishing
Venezuelan Fisheries Minister Juan Carlos Loyo announced on Thursday, August 14, that reforms to the legal regulation of inland fishing in rivers, lakes, and reservoirs will begin within 15 days.
He emphasized that the objective of this…
Credential stuffing: the risk of repeating passwords and how to protect yourself
Credential stuffing is a type of cyberattack in which malicious actors use leaked usernames and passwords to log in to accounts and services other than the one that was leaked. The success of these attacks relies on the habit of reusing the…
Gold will not face tariffs
The implementation of tariffs imposed by the US President Donald Trump on various countries sparked fear, specifically regarding gold. However, he said this Monday that the precious metal will be tariff-free.
As you may recall, "last week,…
Banks will remain closed next Monday, August 18
Next Monday, August 18, banks throughout Venezuela will remain closed for the Assumption of Our Lady holiday, according to the calendar of the Superintendency of Banking Institutions (Sudeban).
Citizens will be able to conduct their…
Establishment of companies in La Guaira through the SEZ will enable job placement
The establishment of three companies in the Venezuelan port state of La Guaira will initiate job placement and allow the state to become one of the most important in the country.
According to Eduardo Quintana, coordinator of Fedecámaras La…
Ecuador maintains the lowest inflation rate in Latin America
In Latin America, Ecuador maintains the lowest inflation rate in the region. During the month of July, annual inflation stood at 0.72 %, which, according to the National Institute of Statistics and Censuses (INEC), represents a slowdown…