Recent data from the National Association of Cocoa Producers places Venezuela's production at 16,000 tons annually, of which the country allocates 50 % for export and the remainder to the domestic industry.
The president of Asoprocave, Vicente Petit, director of this association in the North…
Read More...
Pension payments remain a challenge for EU countries
When they reach retirement age, workers become dependent on the income represented by their pension. In the European Union countries, the highest allowance is in Luxembourg, where retirees receive €31,385. The lowest is in Bulgaria, where…
Brazil reduced its fiscal deficit to 7.56 % of GDP in May
In May, Brazil's fiscal deficit narrowed to 7.56 % of accumulated Gross Domestic Product over the last 12 months, according to the Central Bank's report released Monday.
"In May alone, the consolidated nominal public sector deficit of…
Social network X loses users in Spain
The consequences of Elon Musk's political games in the United States are evident in the loss of users on its social network X, particularly in Spain, with 36 % fewer subscribers.
Analysts speak of a decline for X in Spain, "registering a…
Paraguay decreed a 3.6 % increase in the minimum wage
On Friday, June 27, the president of Paraguay, Santiago Peña, signed the decree corresponding to the 3.6 % increase in the country's minimum wage.
"In this way, workers' compensation is adjusted by 100,739 guaraníes, increasing the current…
Cryptocurrencies are the option for migrant remittances
Migrants who are unbanked in their host country in Latin America due to lack of residence permits and other irregularities have found in cryptocurrencies a way to send remittances to their loved ones without restrictions.
An ally in the…
World Bank warns of rising extreme poverty in conflict-affected economies
A recent World Bank assessment reveals an alarming increase in extreme poverty in the 39 economies worldwide affected by conflict and instability. This situation has led to institutional fragility for decades, causing "social and economic…
Ecuadorian cocoa is positioned above Ghana and the Ivory Coast in the market
In Ecuador, cocoa producers are considered the new rich of the agricultural sector given the shift in their position in the global market, displacing leaders such as Ghana and the Ivory Coast, where crops are affected by pests and drought.…
Sundde provides consumer complaint channels
Consumers have official channels of the National Superintendency for the Defense of Socioeconomic Rights (Sundde) throughout Venezuela to report charges in businesses that do not comply with the official dollar exchange rate published by…
Norway considers suspending crypto mining due to high power consumption
The high power consumption of cryptocurrency mining in Norway has led the government to consider a temporary ban on the activity.
Due to the impact of crypto mining on the energy sector, the government will start an extensive investigation…
Bancamiga’s total deposits increased by 214.41 %
Providing innovative services and products is one of the drivers of Bancamiga's growth, and which enabled it to increase its total deposits by 214.41 % in May 2025 compared to the same period in 2024.
This increase allowed Bancamiga to…
Microsoft to lay off more staff to refocus AI investment
Microsoft will implement another staff reduction, equivalent to an average of 3 % of the workforce. It will also restructure various areas to reduce costs.
The tech giant is investing heavily in artificial intelligence, putting pressure on…