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Cuba announces new regulations expanding dollar use and strengthening control over income

Cuba is undergoing a change in its financial system. The government announced new regulations that allow the opening of foreign currency accounts without prior authorization, as well as payments abroad, although the local banking system will maintain control over some income. It was learned that…
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Venezuela and Suriname sign strategic cooperation agreements

The interim president of Venezuela, Delcy Rodríguez, signed several economic cooperation agreements with the president of Suriname, Jennifer Geerlings-Simons, during her official visit to the country. These agreements focus on key sectors…
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Central Bank of Venezuela announces adjustment of interest rates

The Central Bank of Venezuela ordered remuneration of all bank deposits starting this Tuesday, September 15. The decision applies to demand deposits, fixed-term deposits, and checking accounts. In this regard, demand deposits will have a…
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Venezuelan Banking Association wants to make September compliance month

The Venezuelan Banking Association seeks to institutionalize September of each year as Compliance Month, recognizing the need to adapt to the new demands of the global landscape. “For Venezuelan organizations, understanding and adhering to…
Business

International Oil and Gas Summit of Venezuela in Caracas from September 28 to 30

The city of Caracas will host the Venezuela International Oil and Gas Summit (VIOGS) from September 28-30, with the participation of government entities, national and international oil companies, investors, LNG companies, service providers,…
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Canada authorizes tariffs on US products of 15 %, 25 %, and 50 %

Canada imposed new tariffs on US imports on Tuesday, September 8, at 15 %, 25 %, and 50 %, equivalent to approximately US$20 billion. According to the official list published by the Canadian government, “the new tariffs apply to selected…
Business

Venezuela ranks third as an oil producer in Latin America with 11 %

Brazil (42 %), Mexico (17 %), and Venezuela (11 %) are the three main oil producers in Latin America. According to data from the Latin American and Caribbean Energy Organization (OLACDE in Spanish), oil production in Latin America and the…
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Bank branches will be closed on Monday, September 14th.

According to the official calendar of the Superintendency of Banking Sector Institutions (Sudeban), bank branches will be closed in Venezuela on Monday, September 14th, in commemoration of the Day of Our Lady of Coromoto. However, all…
Business

Ecuador and Panama begin talks for an economic agreement

Ecuador and Panama established the Terms of Reference (TOR) on September 4th for negotiations on a Partial Scope Economic Complementation Agreement. Currently, the trade relationship is favorable for Ecuador, shifting from a deficit of…
Business

BRICS+ focuses on digital trade and technological exchange

BRICS+ countries are working to strengthen technological exchange, digital payments, and simplified trade mechanisms, according to a recent statement by Sameep Shastri, President of the BRICS Chamber of Commerce and Industry. Shastri…
Business

Bancamiga boosts its digital banking with robust, secure, and scalable technology

As part of its technological modernization strategy, Bancamiga migrated its production environment, a decision that strengthens the processing, storage, performance, and availability capabilities of the services that support the Financial…
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Global food prices rose 1.9 % in August, according to the FAO

Global food prices registered a 1.9 % increase, according to recent data from the Food and Agriculture Organization of the United Nations (FAO). According to the organization, this is “a larger increase than that recorded in July, of 0.6…
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Google prepares crypto custody feature for banks

Digital vulnerabilities grew 50 % in 2026 and continue to…

The Fed keeps interest rates flat as US inflation rises

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