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 control over their data in the sector. On the other hand, the…
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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,…
Caribbean Development Bank to support Venezuela’s recovery
The Caribbean Development Bank (CBD) announced on Monday, August 10, the approval of $1 million in aid for Venezuela's Recovery and Reconstruction Fund following the June 24 earthquakes.
This fund was “established by the Development Bank…
Caracas implements reduced working hours
The Caracas mayor's office announced a reduction in working hours, aligning with the energy saving plan announced by acting president Delcy Rodríguez, in order to address the effects of the Super Niño phenomenon.
Workers will report to…
Venezuela bans export of construction materials
The Venezuelan government prohibited the export of construction materials through Official Gazette No. 43,409. The measure will be in effect until December 31, 2026, according to Decree No. 5,376.
According to the official gazette, the…
Bolivia to support internal reforms with $1.9 billion IMF loan
Bolivia reached an agreement with the International Monetary Fund for a $1.9 billion loan that will be used for a 36-month technical plan to support President Rodrigo Paz's economic reform program.
According to IMF spokesperson Joana…
Venezuela reduces oil exports to India and Europe
Venezuela reduced its oil exports to India and Europe in June as a result of declining inventories.
In June, oil exports reached 1,163,323 barrels per day, "a decrease compared to the level above 1.2 million barrels per day seen in…