The Italian oil company Eni presented a report last week reflecting a debt of $3.3 billion owed by Venezuela's state-owned PDVSA to the firm. This comes amidst negotiations between Venezuela and the United States regarding oil and the easing of sanctions in this sector.
Eni's annual report, which…
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Venezuela’s strategic minerals can boost economic development
Venezuela's economic development is progressing steadily. According to economist Avilio Lavarca, deposits of strategic minerals, such as iron and bauxite, can contribute to this process.
Lavarca recently indicated that "Venezuela possesses…
Colombia’s gross debt reaches $1.194 trillion
The National Association of Financial Institutions of Colombia recently presented a report reflecting an increase in the gross debt of the Central National Government (CNG) of $1.194 trillion (64.4% of GDP), a figure that represents the…
ESA develops Nomadlink, a device to maintain satellite communication during a blackout
The European Space Agency (ESA) announced last Monday that it is developing a rapidly deployable node called Nomadlink, which could be launched in 2027, to restore satellite communication during a disaster or power outage.
The goal of this…
Conflict in Iran: its impact on global cybersecurity and the risks it generates
Although the conflict is unfolding in the Middle East, the repercussions in cyberspace can affect organizations worldwide. A clear example occurred less than 24 hours after the start of the conflict, when Iranian drones attacked cloud…
Bank branches will be open from Monday, March 30th to Wednesday, April 1st
The Superintendency of Banking Sector Institutions of Venezuela (Sudeban) issued an official statement clarifying that during the Easter holiday, which includes public sector workers, bank branches will be open from Monday, March 30th to…
The 3rd International Cybersecurity Congress will be held on May 26 in Caracas
The 3rd International Cybersecurity Congress, convened by the Venezuelan Banking Association (Asobanca), will take place on May 26 in Caracas.
The invited panelists will address key topics not only for the future of Venezuelan banking in…
Cavefar reports 10 % increase in national drug consumption
The president of the Venezuelan Chamber of Pharmacies (Cavefar), Alicia Pinedo, reported a 10 % year-on-year increase in national drug consumption in February.
Pinedo noted that 85 % of the drugs consumed in the country are domestically…
Central Bank of Peru projects 2.4 % inflation in 2026
The projections of the Central Reserve Bank of Peru regarding the country's annual inflation rate place the figure at 2.4 %. This was indicated last week by the president of the regulatory body, Julio Velarde, adding that the gross domestic…
Global fertilizer crisis will affect Venezuela
The president of the Venezuelan Society of Agricultural and Food Engineers (SVIAA), Saúl Elías López, warned about the impact on the country of the over 20 % increase in key products such as urea and ammonia due to the conflict in the…
Seeds distributed in Apure State to cultivate 20,000 hectares of rice
Apure State is emerging as a new rice producer. With this goal in mind, the distribution of seeds for planting 20,000 hectares began in a joint effort between the State Government and the Ministry of Productive Agriculture and Lands.…
Bancamiga stands out as a leading institution in year-over-year equity growth
Under the leadership of Dr. José Simón Elarba, Chairman of the Board, Bancamiga is consolidating its growth. The institution ranks fifth in terms of equity among private banks during this period. This result translates to a value of Bs.…