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 slowdown in the CPI has allowed the strengthening of purchasing…
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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,…
Venezuelan government announces salary increase
Venezuela's interim president, Delcy Rodríguez, announced a minimum wage increase to $240 for both the public and private sectors.
She also announced an increase in the monthly pension payment, which will now be $70.…
The United Arab Emirates will leave OPEC
The United Arab Emirates (UAE) announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) as a result of the destabilization caused by the Iran-Contra conflict and its consequences in the Strait of Hormuz.…
Mercosur to consider Venezuela’s reincorporation
The members of the Southern Common Market (Mercosur) are analyzing the possibility of Venezuela's reincorporation into the trade bloc, taking into account the easing of sanctions against the country as well as changes in the political…
Investors from the United States, Asia, Europe, and the Middle East present projects to Venezuela
The president of the Caracas Stock Exchange, José Grasso Vecchio, stated in a radio interview last week that investors with concrete projects have arrived in the country from the United States, Europe, Asia, and the Middle East in order to…
John Barrett arrives in Caracas for a new phase of negotiations
The new U.S. Chargé d'Affaires in Venezuela, John Barrett, arrived in Caracas last Thursday, April 23, to assume his duties following the departure of Laura Dogu.
Upon arriving in Venezuela, the diplomat reaffirmed his commitment to…
Hearings in the territorial dispute between Guyana and Venezuela to begin on May 4
The hearings in the territorial dispute between Guyana and Venezuela will begin on May 4 in The Hague, as announced by Guyana's Attorney General, Mohabir Anil Nandlall.
The official explained that "the International Court of Justice will…