"All the country's productive sectors are growing." This was emphasized by Venezuela's Vice President, Delcy Rodríguez, during her speech at the recent National Economic Council.
The official noted that there are three major national consensuses: "defeating the economic blockade; moving forward…
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Ecopetrol assumes offshore projects following Shell’s withdrawal from Colombia
The withdrawal of Shell's branch in Colombia, EP Offshore Ventures Limited, leaves Ecopetrol with full control of the COL-5, Purple Angel, and Fuerte Sur offshore contracts in the Colombian Caribbean Sea.
Although Shell's withdrawal from…
Bancamiga reaffirms its leadership with strong expansion in loans, deposits, and profitability
Bancamiga's second half of 2025 begins with exceptional results, which have allowed it to reaffirm its strength in terms of loans, deposits, and profitability.
After closing the January-June period of this year with 192.58 % increases in…
OPEC forecasts crude oil demand to increase in 2026
The Organization of the Petroleum Exporting Countries (OPEC) published in its most recent report a forecast of an increase in demand for 2026 of 1.4 million barrels per day.
According to the report, the organization raised its estimate "by…
State-owned PDVSA revenues $ 8.4 billion from January to July 2025
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 %…
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…