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 issues such as technical assistance and mechanisms for…
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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…
United States issues license for Venezuelan debt restructuring
The Office of Foreign Assets Control (OFAC) issued License No. 58 on Tuesday, May 5, authorizing “all transactions… necessary for the provision of legal, financial, and consulting services… in connection with potential debt restructuring…
Ecuador to reduce tariffs on Colombian products starting June 1
The Ecuadorian Presidency issued a press release announcing the reduction of tariffs on Colombian products to 75% starting June 1.
The decision was made despite differences between President Daniel Noboa and his Colombian counterpart,…
Pentagon signs agreement with seven leading AI companies
Technology companies SpaceX, OpenAI, Google, Nvidia, Reflection, Microsoft, and Amazon Web Services signed an agreement with the Pentagon for the implementation of AI in classified military systems.
The new element in this agreement is the…
European Parliament to maintain sanctions on Venezuela if there is no progress towards democracy
MEPs voted this Thursday, April 30, on a resolution approving the maintenance of sanctions on Venezuela if there is no evidence of a democratic system in the country.
The vote was 507 in favor, 31 against, and 35 abstentions. In this way,…