Brussels announced a cut of at least 20 % in the allocation of resources to Spain for the 2028-2034 period. Therefore, the country will receive €79.9 billion for the regions, the Cohesion Policy, the Common Agricultural Policy (CAP), and the fisheries sector.
The actual allocation amounts to €88.1…
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Petroperú projects to close 2025 with losses of $223 million
The president of the Peruvian oil company Petroperú, Alejandro Narváez, presented the company's balance sheet for the end of this year last week, with estimates of $223 million.
At the close of 2024, this figure stood at $774 million,…
Banks will remain closed this Thursday, July 24
Banks will remain closed throughout Venezuela this Thursday, July 24, in observance of the national holiday commemorating, according to the calendar of the Superintendency of Banking Institutions (Sudeban), the birthday of the Liberator,…
Profit margins have fallen in some commercial sectors
In Venezuela, profit margins for businesses have fallen sharply, reaching between 5 % and 22 %, according to estimates by economist Leonardo Soto.
In an interview with Fedecámaras Radio, Soto stated: “In the context of an economy marked by…
Free Kids Card distribution: Bancamiga extends special operation for children
Following the successful Children's Day campaign held this weekend in Caracas and throughout the country, Bancamiga decided to conduct a special operation this Saturday, July 26, at a total of 24 branches.
Starting at 9:00 a.m., children…
OPEC reported an increase in Venezuela’s oil production in June
The Organization of the Petroleum Exporting Countries (OPEC) reported on Tuesday, July 15, an increase in Venezuela's crude oil production last month.
According to the OPEC report, data provided by the state-owned oil company Petróleos de…
Fedecámaras recognizes José Simón Elarba’s commitment to business and the country
In the context of the 81st Annual Assembly of Fedecámaras, the president of the institution, Adán Celis, highlighted the strong commitment of José Simón Elarba, president of the Board of Directors of Bancamiga, describing him as a man who…
Payments in bolivars increase by 90 %
The Minister of National Commerce of Venezuela, Luis Antonio Villegas Ramírez, indicated that payments in bolivars have increased by 90 % in the country following the elimination of the Tax on Large Financial Transactions (IGTF)
According…
The Hyundai Grand i10 GL has a very reasonable and surprising final price.
With its latest launch, Hyundai de Venezuela sets itself apart in terms of quality-price-advantages, in terms of the possibilities available to acquire an advanced, new vehicle. This proposal aims to capture the attention of users and is…
Brazil and China to develop CBERS-5 geostationary satellite
Brazil and China signed an agreement for the joint development of the CBERS-5 geostationary satellite, as part of the China-Brazil Earth Resources Satellite (CBERS) program.
The signing of this agreement was announced last week, when…
Chile to host International Summit for Democracy and Multilateralism
The Summit for Democracy and Multilateralism will take place in Santiago, Chile, on July 21st. The event will be chaired by President Gabriel Boric.
The Chilean president will welcome his counterparts Luiz Inácio Lula da Silva of Brazil,…
Macedonia to build gas pipeline with Greece to reduce dependence on Russia
The new gas pipeline connecting North Macedonia and Greece is expected to be completed in 2027, thus reducing their dependence on Russia in this area.
The gas pipeline, whose construction began last Wednesday, July 9, is estimated to offer…