Argentina is currently in a strong position in the oil production arena, with a daily increase of 32.6 % since 2023, when Javier Milei assumed the presidency.
"In addition to the slowdown in inflation and the reduction of poverty, there is now another piece of data of enormous strategic importance:…
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Cost of the basic food basket in July exceeded 516,000 bolivars
The Center for Documentation and Social Analysis of the Venezuelan Federation of Teachers (Cendas-FVM) reported that the cost of the basic food basket for families exceeded 516,000 bolivars in July.
According to the agency's data, the…
Bancamiga Mastercard debit card: Global reach, digital security, and tailored benefits
In Caracas or any other city in Venezuela, in New York, Madrid, or Beijing, Bancamiga simplifies the daily financial lives of its customers with the Bancamiga Mastercard Debit Card, a card designed to provide convenience, travel support,…
Consecomercio warns of power outages impact on national commerce
The National Council of Commerce and Services (Consecomercio) indicated last week that the power outages announced by the Venezuelan government have a direct impact on key sectors of the economy.
The power outages directly affect the…
SENIAT eliminated the RIF renewal requirement
The National Integrated Customs and Tax Administration Service (SENIAT) of Venezuela announced the elimination of the renewal requirement for the Tax Information Registry (RIF), except for specific exceptions.
The measure, formalized…
Uruguay prepares for financial system modernization
The Central Bank of Uruguay (BCU) presented its 2026-2030 Strategic Plan, aimed at modernizing the financial system through the incorporation of artificial intelligence. A draft open finance bill is planned that would allow users greater…
Central Bank of Venezuela reports July inflation at 19.9 %
Inflation for July was 19.9 %, according to the report issued by the Central Bank of Venezuela on August 12. The institution projects a decrease in the indicator, which was accelerated as a consequence of the June 24 earthquakes.
The…
Venezuela and Brazil lay the groundwork for a bilateral roadmap
During a telephone conversation on Wednesday, August 12, between Venezuelan Foreign Minister Félix Plasencia and his Brazilian counterpart, Mauro Vieira, both officials discussed resuming bilateral cooperation.
Plasencia and Vieira talked…
ESET’s recommendations for identifying and avoiding digital scams during emergencies
In crisis situations or natural disasters, social vulnerability is not only evident on the streets, but also in the digital environment. The initial disorganization and the massive flow of unverified information create the ideal scenario…
Venezuelan oil production reaches 1.2 Million barrels per day in July
The Organization of the Petroleum Exporting Countries published a report on Wednesday, August 12, stating that Venezuela's crude oil production reached 1.2 million barrels per day in July.
This figure represents a 1.09 % increase compared…
German economy threatened by low Rhine levels
The Rhine has reached its critical level due to the drought, a situation that is having a direct impact on the German economy, as companies are reducing merchant ship traffic on the river.
The waterway still accounts for 5 % of freight…
Central Bank of Venezuela updates banking fees
Through Official Gazette No. 46,427, dated July 31, the Central Bank of Venezuela established the new bank fees, effective immediately for all financial institutions in the country.
The new fees apply to bank transfers, check issuance,…