Brazil has formalized its application to become a member of the International Energy Agency (IEA), an organization that "brings together the major energy consumers of the developed world," the OECD-affiliated body announced.
According to media reports, Brazilian Ambassador Sarquis J.B. Sarquis made…
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European energy companies do not require a license to operate in Venezuela
Amid the known restrictions on Chevron's operations in Venezuela, authorized by the United States, the president of the South American nation, Nicolás Maduro, has invited European energy companies to invest in the country, emphasizing that…
IEA forecasts increase in global oil production, led by three Latin American countries
The International Energy Agency (IEA) estimates that oil demand will continue to rise. In this context, production is expected to continue at this upward pace, reaching 5.8 million barrels per day, with a quarter coming from Argentina,…
Ecuador to require temporary Visas for Venezuelans and citizens of 39 other countries
Ecuador implemented, starting this Monday, September 1, a new immigration control and security requirement for temporary visa applications for Venezuelans and citizens of 39 other countries.
This was announced by the country's Ministry of…
Venezuela reviews import substitution mechanisms
Venezuela's Vice President, Delcy Rodríguez, recently led the Venezuelan Foreign Trade Committee (Comex) to evaluate the import policies promoted by President Nicolás Maduro.
The objective is to conduct a study of measures to strengthen…
Mercosur and Canada to resume free trade agreement negotiations
Canada and Mercosur member States will resume negotiations on a free trade agreement in October, a Brazilian representative said last week.
The announcement comes as a light at the end of the tunnel for the parties amid the tariff…
Panama resumes consular services in Venezuela
Through its Instagram account, the Panamanian government published a statement informing the Panamanian community in Venezuela and the public of the resumption of its consular. Customer service will be Monday through Thursday, from 8:00…
Maduro forecasts 9 % economic growth in the last four months of the year
Venezuela's economic growth could reach 9 % for the last four months of 2025, according to the president of the South American country, Nicolás Maduro.
The president asserted that Venezuela "has the perfect economic plan to confront any…
Germany faces economic contraction
According to data from the Federal Statistical Office (Destatis), the German economy contracted during the second quarter of 2025, reflected in a 0.3 % drop in Gross Domestic Product.
Among the causes of this contraction are the turbulence…
IMF closes its office in Costa Rica
The evolution of the relationship between Costa Rica and the International Monetary Fund is believed to be the main reason for the closure of the agency's office in that country.
Speculation regarding the closure of the facilities has not…
Venezuela’s economic sectors continue to grow
"All the country's productive sectors are growing." This was emphasized by Venezuela's Vice President, Delcy Rodríguez, during her speech at the recent National Economic Council.
The official noted that there are three major national…
Brazil leads crypto regulation in Latin America
The cryptocurrency exchange CryptoMKT has highlighted the work of the Central Bank of Brazil in crypto regulation, making the country a leader in Latin America.
According to the platform, the South American country follows international…