Growth estimates for Latin America in solar energy could be between 10 and 15 % on average per country in 2025.
This was stated by Sergio Rodríguez, service manager of Solis, one of the largest manufacturers of photovoltaic inverters in the world.
Currently, solar energy production is led in the…
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Venezuela creates Non-Oil Exports General Staff
The president of Venezuela, Nicolás Maduro, ordered the creation by decree of the Non-Oil Exports General Staff.
As a precedent to this decree, on July 17, the National Assembly had already voted unanimously for the Law for the Promotion…
President of Asobanca considers restructuring of external debt a priority
Pedro Pacheco, president of the Venezuelan Banking Association (Asobanca), declared this Monday, in an interview for Unión Radio, that the country must prioritize the restructuring of the external debt so that the necessary loans can enter.…
Peru is the Latin American country with a record of single-digit inflation for 27 years and 7 months
Peru has maintained a single-digit inflation rate for 27 years and 7 months, which is considered a historical milestone in Latin America, after the country recorded an interannual rate of 2 % in August.
The figure is within the target…
Venezuela will implement interbank currency market
Venezuela will implement the interbank currency market as announced by the executive vice president, Delcy Rodríguez, who highlighted this mechanism as an economic achievement that will facilitate the connection between banks.
Rodríguez…
Germany confirms GDP contraction of 0.1 %
Germany's Federal Statistical Office (Destatis) confirmed the 0.1 % contraction of Gross Domestic Product in the second quarter of 2024.
Ruth Brand, president of Destatis, noted that this contraction comes after a slight increase of 0.2 %…
Venezuela creates the National Cybersecurity Council
The Venezuelan government created the National Cybersecurity Council through Official Gazette No. 42,939, dated August 12, 2024, with the participation of the ministries of Defense, Science and Technology, Economy, Finance and Foreign…
Venezuelan economy grew 8 % during the first semester
Venezuela's economy grew 8 % during the first half of 2024, according to data cited by the president of this nation, Nicolás Maduro, in a program on state television VTV.
The data provided by the Central Bank of Venezuela were cited when…
Central Bank of Venezuela will incorporate 200 and 500 bolivar bills into the monetary cone
The Central Bank of Venezuela announced the entry into circulation of two new banknotes, of 200 and 500 bolivars respectively, to join those that already make up the current monetary cone in the country.
In a press release, the BCV…
OVF: Inflation in Venezuela in July was 4 %
The Venezuelan Finance Observatory (OVF) indicated that during the month of July, inflation in Venezuela was 4 %.
The independent entity of the Central Bank of Venezuela also indicated that the interannual and accumulated inflation rates…
The Fed keeps interest rates between 5.25 % and 5.5 %
This Wednesday, the Fed announced through an official statement that the United States will maintain interest rates between 5.25 % and 5.5 %.
The body indicated that “in considering any adjustment to the price of money, the Committee will…
Dina Boluarte will call elections for 2026
Dina Boluarte, president of Peru, made the announcement about the call for elections for 2026, which will be launched next year, following what is established by the Constitution of the South American nation.
“The electoral advance is part…