The Japanese yen fell to a 40-year low on Tuesday, June 30, leaving authorities on high alert given this setback against the US dollar.
"Experts believe that government action will not reverse the currency's trend," but intervention is not ruled out, as "the 'greenback' is appreciating 0.1 % and is…
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Businesses in Caracas gradually resume operations
Businesses, grocery stores, butcher shops, and pharmacies in Caracas are gradually resuming operations this Monday, according to reports from the National Association of Supermarkets and Self-Service Stores of Venezuela (ANSA).
Commercial…
Bancamiga implements humanitarian and financial assistance plan following earthquake
A special financing fund, the restructuring of loan portfolios, and the deployment of direct logistical aid are part of the contingency plan implemented by Bancamiga following the earthquakes that struck the country on Wednesday, June 24.…
Fedecámaras assures supply of basic goods in Venezuela
In a call for calm, the president of Fedecámaras, Felipe Capozzolo, stated that Venezuela is capable of guaranteeing the supply of basic goods to the population, following the two earthquakes of June 24.
The business leader spoke out to…
Venezuela’s energy sector infrastructure suffered limited damage during earthquakes
Limited damage to Venezuela's oil, gas, and refining infrastructure was reported following the earthquakes of June 24.
According to Reuters, "most of the country's major producing regions, refineries, pipelines, and terminals are located…
IDB resumes relations with Venezuela and appoints new Governor to the institution
The Inter-American Development Bank (IDB) resumed relations with Venezuela last Wednesday, June 24. The new governor to the institution is Calixto José Ortega Sánchez.
Relations between the South American country and the financial…
Malware steals cryptocurrency by connecting a USB drive to a computer
Microsoft issued an alert regarding cryptocurrency theft through the release of malware when an infected USB drive is connected to a computer.
The attack targets crypto wallets on Windows computers. The threat is particularly novel because…
Bancamiga waives fees and its branches serve as collection centers
It is in difficult times that the value of solidarity is demonstrated. In response to the powerful earthquake that shook the country on June 24, leaving hundreds of families homeless and causing severe structural damage, Bancamiga has…
Venezuela and Turkey review investment and infrastructure agreements in Caracas
The Minister of Foreign Affairs, Yván Gil, and the Ambassador of the Republic of Turkey to Venezuela, Aydan Karamanoğlu, met in Caracas to review and strengthen the agreements between the two nations regarding investment and infrastructure,…
Bancamiga reports complete normality in transaction settlement and maximum solidarity with…
In light of the current circumstances affecting the country following the earthquakes that occurred on the afternoon of June 24, the financial institution remains active, attentive, and diligent in serving its clients and Venezuelans in…
Oracle announced 21,000 job cuts
The technology company Oracle has cut 21,000 jobs as a result of the adoption of artificial intelligence in its business model, and warns that the layoffs could continue.
According to the firm, the impact of AI on its workforce has been…
Argentina secures $5 billion in new international loans
On Monday, June 22, Argentine President Javier Milei authorized the Treasury to acquire $5 billion in new debt under partial guarantee schemes provided by multilateral organizations.
While the resolution does not specify the lenders…