When an earthquake strikes, the damage doesn't end with the tremor. It comes afterward: the business that can't open, the family that doesn't know how to start over, the wall that couldn't withstand the impact. Bancamiga Banco Universal understood this from the outset and acted accordingly: it…
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Amazon announced an airlift for humanitarian aid to Venezuela
The American company Amazon announced the implementation of an airlift, in alliance with the United States Department of State, the Airlink association and the UN World Food Program (WFP), for the distribution of humanitarian aid to…
Banks in Venezuela begin selling cash dollars with physical remittances allocated by the Fed
Last week, Venezuela resumed selling cash dollars thanks to the arrival of physical remittances sent by the U.S. Federal Reserve.
With this measure, Venezuela's foreign exchange market receives a new boost, since until now the system…
OPEC+ implements new moderate production increase
The energy ministers of Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman approved increasing crude oil production to 188,000 barrels per day starting in August.
This is the organization's fifth consecutive increase, amid…
Venezuela requests UNDP assistance to boost housing construction
The Venezuelan government requested assistance from the United Nations Development Programme (UNDP) for housing construction following the earthquakes.
Although the actual number may exceed the estimate, some 17,345 people lost their homes…
Sending money to Venezuela instantly and without fees is possible through Bancamiga
Distance shrinks when solidarity and technology come together. With the aim of strengthening ties between those far away and their loved ones, clients, or business partners in the country, Bancamiga brings Venezuelans closer together with…
Venezuelan Government deploys plan to ensure fuel supply
Interim President of Venezuela, Delcy Rodríguez, instructed the Ministry of People's Power for Hydrocarbons and PDVSA to deploy a plan to guarantee fuel supplies following the earthquakes of June 24.
Minister Paula Henao reaffirmed the…
Venezuelan Banking Association warns of fake humanitarian aid accounts
The Venezuelan Banking Association (ABV) has spoken out about fake accounts collecting funds and humanitarian aid for disaster victims in Venezuela following the earthquakes.
The organization "detected the proliferation of fundraising…
Venezuela manages special $200 million reconstruction and technical assistance fund
Venezuela's interim president, Delcy Rodríguez, announced the creation of a $200 million reconstruction and assistance fund.
Rodríguez emphasized that this fund "will allow for the immediate allocation of emergency relief funds to affected…
Arturo Michelena International Airport in Valencia receives international flights
Arturo Michelena International Airport in Valencia, Carabobo state, has become Venezuela's air bridge for international flights following the preventative closure of Simón Bolívar International Airport in La Guaira state.
As is known, the…
The United Nations will help Venezuela with $50 million
Through its World Food Programme, the United Nations hopes to collect $50 million in aid to assist some 500,000 people affected by the earthquakes that struck Venezuela on June 24.
Stephanie Hochstetter, head of the organization in the…
Russia faces temporary fuel shortage
Russian President Vladimir Putin admitted that the country is facing a temporary fuel shortage, but indicated that the situation is not critical.
The president emphasized that as a primary measure, imports and shipments to Crimea will be…