The OPEC+ decision to increase its crude oil supply again on May 1 will likely be largely symbolic, according to analysts, due to the difficulty of implementing it because of the Iran conflict.
In fact, the organization has been unable to implement the April 1 increase due to the conflict in the…
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66 WTO member countries sign Agreement for Global Digital Trade
A group of 66 member countries of the World Trade Organization (WTO) agreed on March 28 to a provisional pathway for the Global Agreement on Electronic Commerce, which is currently 70 % complete.
The decision was announced in a statement…
The White House could allow cryptocurrencies in retirement plans
Last week, the White House accepted for review a proposal from the Department of Labor to allow cryptocurrencies in 401(k) retirement plans.
The Office of Information and Regulatory Affairs (OIRA) has already assessed the proposal and…
Trump to meet with Xi Jinping in Beijing on May 14 and 15
The meeting between Donald Trump and Xi Jinping, originally planned for March, will now take place in Beijing on May 14 and 15. The two leaders will discuss key issues such as trade, technology, security, and the Middle East conflict.
The…
Panama addresses the impact of rising fuel prices due to the conflict in the Middle East
Felipe Chapman, Panama's Minister of Economy and Finance, assured last week that the country remains stable in the face of the Middle East crisis, which has generated a rise in oil prices, with consequences for the price of electricity,…
Ecuador and Colombia to strengthen border security
Last week, the Andean Community convened a virtual meeting between authorities from Ecuador and Colombia in Lima, Peru, to discuss security along their shared border. Both countries reaffirmed their commitment to combating transnational…
Brazil toughens penalties against criminal gangs
On Tuesday, March 24, Brazilian President Luiz Inácio Lula da Silva enacted a new law establishing harsher penalties for members of criminal gangs.
The legal instrument establishes sentences of up to 40 years in prison “for the leaders of…
Venezuela approves a 30-day extension of the monitoring commission for the Amnesty Law
Last week, the Venezuelan National Assembly approved a 30-day extension for the commission overseeing the Amnesty Law.
The process has a backlog of 11,400 applications and has granted more than 8,000 full releases, while questions persist…
Colombia’s gross debt reaches $1.194 trillion
The National Association of Financial Institutions of Colombia recently presented a report reflecting an increase in the gross debt of the Central National Government (CNG) of $1.194 trillion (64.4% of GDP), a figure that represents the…
Central Bank of Peru projects 2.4 % inflation in 2026
The projections of the Central Reserve Bank of Peru regarding the country's annual inflation rate place the figure at 2.4 %. This was indicated last week by the president of the regulatory body, Julio Velarde, adding that the gross domestic…
Chile’s Central Bank announces 2.5 % economic growth in 2025
During 2025, Chile showed economic growth of 2.5 %. This is reflected in the National Accounts report published last week by the country's Central Bank.
With data up to the fourth quarter of last year, moderate growth is evident, but it…
UK and Venezuela explore opportunities in tourism, trade, and education
During a visit to Venezuela this week, representatives of the British government met with their counterparts in Caracas to assess bilateral relations and explore new opportunities in trade, tourism, and education.
In this regard, “Harriet…