The director of vegetables for the Confederation of Agricultural Producers Associations (Fedeagro), Emilio Breindembach, noted that during the first seven months of 2025, the sector grew 30 %.
According to the official, the leading vegetable crops are potatoes, onions, and tomatoes. Breindembach…
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China secures oil supplies from Russia
China will receive 15 shipments of crude oil from Russia between October and November, each weighing between 700,000 and 1,000,000 barrels.
Chinese refineries have secured shipments from Russia in the face of falling demand from India,…
The Fed could lower rates in September
U.S. Federal Reserve Chairman Jerome Powell said in his Jackson Hole speech this week that rates could be lowered in mid-September if the August inflation rate doesn't rebound.
The news came amid President Donald Trump's pressure on the…
Maduro forecasts 9 % economic growth in the last four months of the year
Venezuela's economic growth could reach 9 % for the last four months of 2025, according to the president of the South American country, Nicolás Maduro.
The president asserted that Venezuela "has the perfect economic plan to confront any…
Venezuela’s economic sectors continue to grow
"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…
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…