The United States could face a reduction in its motor fuel, distillate fuel oil and jet fuel stocks in 2026 due to the effects of refinery closures and falling prices.
The US Energy Information Administration (EIA) forecast in its February Short-Term Energy Outlook points to a drop in these items…
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Venezuela’s inflation in February was 12.8 %
The Venezuelan Finance Observatory (OVF) issued the report on the inflation rate for the month of February of this year, indicating that the monthly index was 12.8 %, while the annualized inflation reached 117 % and the accumulated…
On March 8, the world remembers the struggles and demands of women
March 8 was declared International Women's Day by the United Nations (UN) in 1975; however, the General Assembly of the organization adopted it in 1977. Long before, women were recognized for their contribution to the economy, education and…
Crixto Pay app allows you to use cryptocurrencies to make payments in bolivars
The crypto-financial services company Crixto Venezuela C. A. announced last week that its Crixto Pay mobile application is now available to use cryptocurrencies for payments in bolivars in the country.
The platform is authorized to…
US tariffs on Mexico and Canada to take effect on April 2
Donald Trump, President of the United States, postponed until April 2 the entry into force of tariffs on Mexico and Canada, while announcing an increase to 20 % for China starting March 4 and taxes for the European Union of 25 %.
The media…
United States to launch program to encourage foreign investment
With the aim of encouraging the arrival of foreign investors and, in addition, facilitating their legal residence, the President of the United States, Donald Trump, announced a plan that will replace EB-5 visas.
The “gold cards” are part…
South Korea cuts interest rates to 2.75 %
Last week, the Bank of South Korea announced a cut in the country's growth forecasts, as well as a reduction in interest rates to 2.7 % with the intention of boosting the economy in the face of US taxes and dealing with political…
Ecuador will make changes to the Constitution to recognize the dollar as its official currency
Ecuador could approve the dollar as its official currency if the Legislative Administration Council approves the modification of article 303 of the Constitution.
On Tuesday, February 25, it decided to “give way to a resolution presented by…
Hackers stole 1.3 billion from Bybit’s crypto wallet
The attack perpetrated on the Bybit crypto exchange platform recently left a balance of 1.3 billion euros in the hands of hackers.
The theft, considered one of the largest in the history of cryptocurrencies, was executed by cybercriminals…
Bank branches will remain closed on March 3 and 4 for Carnival
The next Monday, March 3 and Tuesday, March 4 are bank holidays for the Carnival holiday, according to the official calendar of the Superintendency of Banking Sector Institutions (Sudeban).
In this sense, Sudeban urges national banking…
Enjoy the carnival with Bancamiga services
Bancamiga Banco Universal prioritizing the well-being of its clients, with products and services that facilitate operations, reported that, with the arrival of the carnival, two that take on relevance are the Cobretag recharge and the…
CAF granted a $137 million loan to Ecuador’s Banco Pichincha
The Development Bank of Latin America (CAF) approved granting a $137 million loan to Ecuador's largest banking institution, Banco Pichincha.
According to the regional organization, the funds will be used to "promote inclusive and…