China signed an agreement with the United States to reduce tariffs affecting tens of billions of dollars worth of goods from both countries.
This was announced in an official Chinese statement on Wednesday, May 20, following the meeting in Beijing between Donald Trump and Xi Jinping.
“As a result…
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UN agency forecasts 2.6 % slowdown in global economic growth
The global economic growth could slow by 2.6 % in 2026, according to forecasts from the United Nations Conference on Trade and Development (UNCTAD).
According to the UN agency, this would initiate a period of fragility for world trade,…
Reactivating electrical infrastructure could help resolve crisis in Venezuela
Venezuela's National Electric System (SEN) is experiencing a new crisis due to increased domestic consumption. Engineer Elías Matta proposes the recovery and reactivation of inactive power plants as a way to resolve the blackouts.
The…
The United States leads oil and gas supply to Spain
Since the beginning of this year, the United States has remained Spain's leading supplier of gas and oil, surpassing Algeria, which previously held that position.
This information was confirmed by data from the Statistical Bulletin of…
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…
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…
Venezuelan central bank projects single-digit inflation starting in May
The sustained slowdown in the Consumer Price Index (CPI) in Venezuela supports the recent statement by the president of the Central Bank of Venezuela (BCV), Luis Pérez, regarding single-digit inflation starting in May.
The sustained…
April inflation in Venezuela closed at 10 %
Data from the Central Bank of Venezuela on the Consumer Price Index (CPI) at the end of April places the indicator above 10 %, representing a slight decrease in inflation compared to previous months.
The regulatory body placed the…
China reacts to Trump’s new tariffs by eliminating duties for 53 African countries
Donald Trump's tariff pressure has led China to eliminate duties for almost all African countries. In fact, it has benefited 53 of the continent's 54 nations.
For the moment, it is known that the only African country excluded from the…
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…
Venezuela and Brazil evaluate boosting non-oil trade
Venezuela and Brazil will address, through a high-level working group, non-oil trade as a key to strengthening bilateral integration.
Both nations are focused on trade and economic diversification, as well as "deepening the technical and…
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,…