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ECLAC publishes economic growth estimates for Latin America and the Caribbean

The Economic Commission for Latin America and the Caribbean (ECLAC) presented its economic growth projection for the region for the remainder of 2025 and 2026, with an increase of two-tenths of a percentage point. Among the countries that will achieve the highest economic growth are Argentina (5…
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Business

OPEC+ to increase crude oil supply by 547,000 barrels per day starting in September

Starting next September, the crude oil supply of the OPEC+ alliance, led by Saudi Arabia, will increase to 547,000 barrels per day. The organization indicated that the measure will seek to address the constraints faced by industries…
Business

Automotive sector forecasts domestic market production of 14,000 vehicles in the last quarter

The automotive sector's production goal in Venezuela for the last quarter of 2025 is between 13,000 and 14,000 units to meet domestic demand, which has been boosted by financing plans and the desire to purchase a new car. The sector is…
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Fedecámaras proposes National Investment and Employment Plan

Fedecámaras President Felipe Capozzolo recently launched the proposed National Investment and Employment Plan, which will soon be submitted to the authorities for analysis. The purpose of this plan is to promote the creation of between 10…
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Venezuela exported 86,000 quintals of coffee during the first half of 2025

Venezuela's coffee exports during the first half of 2025 reached 86,000 quintals. According to the Minister of Agriculture and Lands, Julio León Heredia, the figure represents a 500 % increase compared to 2024. The official stated that "at…
Business

Central Bank of Brazil promotes financial education

On Wednesday, August 6, a meeting will be held between the Central Bank of Brazil, Anbima, B3, Banco Central, CVM, Febraban, FGC, and Sebrae to discuss topics related to financial education, its dissemination in public schools, and the…
Business

Cavecom-e: cryptocurrency use for remittances in Venezuela grows 40 %

The president of the Venezuelan Chamber of Electronic Commerce (Cavecom-e), Richard Ujueta, noted that the use of cryptocurrencies to send remittances to the country has increased by 40 %. Ujueta indicated that the “use of stable…
Featured

Dina Boluarte announces new projects in her final year in office

Peruvian President Dina Boluarte addressed the nation on the occasion of the National Holidays this July to discuss projects, agreements, and measures in her final year of office, taking into account that the country will hold presidential…
Business

The Sabores del Alma campaign brought Massimo Bottura’s avant-garde cuisine to Caracas

Passion, creativity, and excellence in a gastronomic experience came together once again. They did so for three days at the Cayena Hotel in La Castellana, supported by Bancamiga and its Sabores del Alma campaign, which seeks to provide its…
Business

The United States and the EU signed a mutually beneficial trade agreement

The United States and the European Union signed a trade agreement on a unified 14 % tariff to be applied to most sectors, including automotive, semiconductors, and pharmaceuticals. "According to the EU, this unified tariff provides greater…
Featured

Trade in Venezuela registered a 1.1 % increase in the first half of 2025

Asdrúbal Oliveros, managing partner of Ecoanalítica, indicated that Venezuela's trade sector experienced 1.1 % growth during the first six months of the year. According to the economist, "the oil sector, the traditional engine of the…
Featured

Venezuelan president projects 9 % GDP growth in 2025

Nicolás Maduro, President of Venezuela, indicated last week that the country could close out 2025 with a 9 % GDP growth rate. The president's projection is based on the expansion the nation registered during the second quarter of this…
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