Through an agreement between the producers and the Venezuelan government, a new price was established for both white and yellow corn.
The price per ton for white corn was set at $480 and for yellow corn at $440, according to officials from the Ministry of Agriculture and Lands.
This measure,…
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Venezuela to receive over $ 40 million in international investment to revive paperboard factories
An international investment exceeding $40 million is the starting point for the recovery and modernization of Venezuelan paperboard plants, according to announcements by government officials.
This project is being developed jointly by "the…
Sugar production in Venezuela at 60 %
The president of the Venezuelan Sugar Cane Growers Association (Fesoca), José Ricardo Álvarez, declared on Monday, September 15, that sugar production in the country is currently at 60 %, while imports are at 40 %.
Of this percentage of…
Cryptocurrency adoption in Peru surpasses 1 million users
In its sixth "LATAM Blockchain Report 2025: Ecosystem and Regulatory Updates in Latin America," Sherlock Communications revealed that cryptocurrency adoption in Peru has surpassed 1 million users and that the South American nation is moving…
Cuba seeks to strengthen energy independence to eliminate blackouts
Cuba has been plagued by power outages that affect the population and the entire economic apparatus. To end this problem, the Ministry of Energy and Mines (MINEN) announced an energy independence plan.
The goal is to reduce dependence on…
Venezuela to export 360,000 tons of white clay annually
Through a strategic commercial alliance between the Lara Foreign Trade Company (Emcoex Lara) and a group of Spanish investors, the South American nation plans to begin exporting 360,000 tons of white clay at the end of this year.
This…
The United States may restrict imports of drones and heavy-duty vehicles from China
The United States government is reportedly considering restrictions or even banning the import of Chinese drones and heavy-duty vehicles due to national security concerns.
The Trump administration previously launched a crackdown on cars…
Cryptocurrencies are an alternative to the lack of foreign currency in Venezuela
Cryptocurrencies, especially tether (USDT), have become an alternative for the private sector in Venezuela given the low availability of dollars.
In this sense, the private sector uses tether for transactions through authorized banks that…
Conindustria presented a plan for industrial competitiveness in Venezuela
The Venezuelan government received from the president of the Venezuelan Confederation of Industrialists (Conindustria), Tito López, an eight-line action plan aimed at the country's reintegration into global trade.
According to López, "the…
Effects of the Fed’s decisions in Latin America
The decisions of the US Federal Reserve (Fed) exert a direct influence on the monetary sector of Latin American countries.
If the organization maintains or lowers interest rates, Latin American stock markets react in different ways, but…
OPEC+ agreed to increase production to 137,000 barrels per day in October
Starting next October, the Organization of the Petroleum Exporting Countries (OPEC+) will increase production to 137,000 barrels per day, according to eight members at a virtual meeting last Sunday, September 7.
Thus, Saudi Arabia, Russia,…
Bancamiga promotes more entrepreneurs in Valencia and Caracas at its forums
Bancamiga reaffirmed its commitment to the country's economic development by training more than 400 entrepreneurs from Valencia and Caracas with the "Keys to Entrepreneurship in Venezuela" forums, which offer essential tools and strategic…