Saudi Arabia decided not to renew the petrodollar agreement it had had with the United States for 50 years and which expired on June 9.
The country located in Western Asia did not renew the agreement through which it sold oil in US dollars, opening the door to marketing in other currencies, such as…
Read More...
ECB applies a cut in interest rates of 25 basis points
The European Central Bank (ECB) applied a cut in interest rates of 25 basis points; the first since 2019, according to the director of the entity, Christine Lagarde.
The rate cut comes after a nine-month period of the highest levels in the…
Bancamiga doubles the limits for consumption in Venezuela
Bancamiga doubled the limits for consumption in the country of its debit and credit cards to the equivalent in bolivars of 1,000 dollars.
The executive president of Bancamiga Banco Universal, Ariel Martínez, expressed that this increase is…
BCV reported inflation of 1.5 % in May
For the month of May, according to the report from the Central Bank of Venezuela, the country's inflation was 1.5 %.
According to the regulatory entity, interannual inflation was 59.2 % and accumulated inflation was 7.8 %.
According to…
OPEC+ extends oil production cuts until 2025
The Organization of the Petroleum Exporting Countries, together with its allies OPEC+, decided to extend oil production cuts until 2025 in order to level prices.
Through a virtual meeting of OPEC+ Oil Ministers, OPEC made the decision that…
Data loss or unauthorized access has devastating effects
Data is the most valuable asset for companies and organizations, as it contains privileged information about customers, business strategies, research, technological developments and much more. Hence, the loss or unauthorized access to this…
Bancamiga takes baseball from the Venezuelan capital
With four months left until the start of the season of the Venezuelan Professional Baseball League, Bancamiga announced that it will be a sponsor of the champion team Tiburones de La Guaira and the Leones del Caracas.
Already in the…
India stopped importing oil from Venezuela due to expiration of agreements
India announced that last April it stopped importing oil to Venezuela due to the expiration of existing agreements and fear of new sanctions from the United States.
From the Indian capital, New Delhi, the purchase of crude oil from…
ILO forecasts slight decline in global unemployment rate
The International Labor Organization (ILO), in its report World Employment and Social Outlook: May 2024 Update, forecasts a decrease in the unemployment rate this year, placing it at 4.9 %.
THE international organization predicts a slight…
Caracas Stock Index closed at 69,210.19 points this Friday, May 31
Market Summary from May 27 to 31, 2024
On the Caracas Stock Exchange, between May 27 and 31, 2024, a total of 16 million 161 thousand 040 bolivars were traded.
In variable income, 871 purchase/sale operations of shares of companies…
Monday, June 3rd is a bank holiday
Next Monday, June 3, banking agencies in Venezuela will remain closed for the holiday corresponding to Corpus Christi, according to the official calendar of the Superintendency of Banking Sector Institutions (Sudeban).
National banking…
Anti-theft functions on iOS and Android mobile phone systems
When a smartphone is stolen, the task of communicating with the service provider begins to block as much as possible and prevent the theft of sensitive information. iOS and Android systems offer anti-theft features that can be kept…