The Venezuelan Finance Observatory (OVF) reported this Monday that cumulative inflation in Venezuela for the first quarter of the year stood at 36.1 %.
According to the independent organization made up of economic analysts, prices for goods and services accelerated during this first quarter.…
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Venezuelan government declares 60-day economic emergency
Venezuelan President Nicolás Maduro issued a 60-day economic emergency decree covering 10 key areas.
The president detailed the key points of this measure, which also includes the suspension of the constitutional guarantee of legal…
Cryptocurrency transactions in Brazil are made with stablecoins
Stablecoins represent 90 % of cryptocurrency transactions in Brazil, becoming the preferred payment tool for those seeking speed and security amid the volatility of the traditional market.
This statement was recently made by Denise…
China launches cross-border payment system with digital Yuan
China has made a strategic and quiet move in cross-border payments. They are now based on the digital yuan for transactions with 10 ASEAN countries and six Middle Eastern countries, bypassing the Swift system.
The People's Bank of China…
OPEC+ members agreed to increase production
The recent decision by eight OPEC+ members to maintain the increase in crude oil production in May led prices to extend their previous losses.
On Thursday, April 3, Russia, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Algeria,…
Europe moves toward the creation of a Digital Identity Wallet
The need to reduce paperwork in data management and provide greater security for citizens has led to the creation of the European Digital Identity Wallet, or EUDI Wallet, which will come into effect in 2026.
This wallet will serve to…
Fedecámaras proposes a comprehensive monthly salary of $ 200
The president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecámaras), Adán Celis, reiterated the need to adjust the comprehensive monthly salary of workers to $ 200.
During his participation in…
China, Japan, and South Korea accelerate free trade agreement negotiations
China, Japan, and South Korea, the three largest Asian economies, are accelerating negotiations for a free trade agreement that will allow them to address Donald Trump's tariffs and their consequences.
The ministers of the three nations in…
Central Bank of Brazil lowers economic growth forecast
The Central Bank of Brazil lowered its economic growth forecast for this year due to the inflation rate, increased public spending, and various weather events.
The reduction in the growth forecast "indicates that further interest rate…
Bitcoin price could drop to $70,000 due to market conditions
The value of Bitcoin, the market's leading cryptocurrency, recently fell below $86,000. Veteran analyst Peter Brandt was quick to point out that without market support, the price of BTC could reach $70,000.
Brandt closely monitors…
Venezuela’s Central Bank received a ton of gold bars to increase reserves
Venezuelan President Nicolás Maduro announced the delivery of a ton of gold bars to the Central Bank to strengthen reserves.
Maduro stated: "Venezuela is already producing, following the most rigorous international standards, gold bars for…
Venezuela signed an agreement with Dubai and Switzerland on agricultural cooperation
With the aim of strengthening international cooperation and promoting sustainable development, Venezuela signed an agricultural agreement with representatives from Dubai and Switzerland.
The signing was carried out through the Ministry of…