A new scenario is emerging on the UN Security Council following the organization's secret ballot for non-permanent members. Germany, despite being the largest economy in Europe, lost its seat to Austria and Portugal for the region.
Trinidad and Tobago and Zimbabwe were elected as non-permanent…
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Canada considers reopening its embassy in Venezuela and returning diplomats
A delegation from the Canadian government recently visited Venezuela to assess the reopening of its embassy in the South American nation and the potential return of diplomats.
"The possibility of re-establishing a permanent diplomatic…
Airlines and shipping companies operating in Venezuela will pay for fuel directly to the U.S.
Venezuela's state-owned oil company, PDVSA, has reportedly established that fuel payments in foreign currency will be made directly into a U.S. Treasury Department escrow account for shipping companies and airlines operating in the country.…
Germany is the first European country to buy LNG from Canada
Germany will receive liquefied natural gas (LNG) from Canada through the first 20-year supply agreement to Europe, with a contract between the Ksi Lisims LNG project and the German state-owned company SEFE.
According to Canadian Minister…
Venezuela Discusses Technical Assistance with the IMF
An economic team from Venezuela, along with representatives from the Central Bank, participated in a meeting with the Managing Director of the International Monetary Fund, Kristalina Georgieva, and the Western Hemisphere team to discuss…
Colombian elections: Abelardo de la Espriella and Iván Cepeda to face off in runoff
Colombia held presidential elections this Sunday, May 31. During the process, Abelardo de la Espriella and Iván Cepeda obtained the majority of votes to advance to the runoff, which will be held on June 21.
According to the preliminary…
Consecomercio proposes including the private sector in the legal reform of the electricity system
Amid the power outages in Venezuela, the president of the National Council of Commerce and Services (Consecomercio), José Gregorio Rodríguez, proposes including the private sector in the supply and marketing of services through a legal…
ExxonMobil negotiates return to Venezuela
ExxonMobil, the US oil company, withdrew from Venezuela 20 years ago. According to sources close to the matter, the firm is in talks with the government of the South American nation to obtain licenses and contracts to operate six oil…
Musk loses lawsuit against Sam Altman
This week it was revealed that Elon Musk, CEO of Tesla, X, and SpaceX, lost his lawsuit against Sam Altman of OpenAI, in which he sought $134 billion for breach of his company's founding charter.
According to CNBC, “a U.S. court, presided…
The United States to suspend gasoline tax
The United States government announced to the media this Sunday, May 10, that it will suspend the gasoline tax as relief from the price increases resulting from the Iran trade war.
President Donald Trump said that all necessary measures…
Crypto tax eliminated in Buenos Aires
The Government of the Autonomous City of Buenos Aires worked with the Argentine Fintech Chamber to update the tax scheme for buying and selling cryptocurrencies.
The result was the elimination of taxes on these transactions. The measure…
Apple will have to pay a multimillion-dollar fine for delays in the launch of Apple Intelligence
The tech company Apple faces a €213 million fine – about $250 million – due to delays in the launch of Apple Intelligence and the revamped Siri.
The lawsuit was filed in March 2025 “on behalf of iPhone buyers compatible with Apple…