Bolivian President Rodrigo Paz Pereira, along with Minister of Economy José Gabriel Espinoza, announced the comprehensive overhaul of the 2026 General State Budget (PGE), which includes a 30 % cut in public spending.
This is the largest adjustment implemented in the country in over a decade. The…
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Venezuela increases national budget for 2026
In Venezuela, the national budget for 2026 has increased fivefold compared to the budget established for the current year. According to information provided by Executive Vice President Delcy Rodríguez, the figure is 5.02 trillion bolivars.…
The bolivar continues to devalue
The bolívar, Venezuela's official currency, continues to experience a marked devaluation that is hitting the population's purchasing power and eroding wages.
As of the end of November, the national currency had lost 8.8 % of its value…
Economists predict stable inflation in the United States in 2026
A group of economists surveyed by the National Association for Business Economics in the group's year-end forecast survey indicated that the United States will experience slight economic growth in 2026.
Likewise, the 42 specialists…
Workers will get a 5 % salary increase in Spain during 2026
Salaries in Spain will rise by around 5 % in 2026, according to projections published by Randstad Research, Randstad's research center.
According to the study, the projections are based on data on compensation in eight geographic…
IEA raises global oil supply growth
The International Energy Agency's forecasts for global oil supply at the end of 2025 and for 2026 were raised to 3.1 million and 2.5 million barrels per day, respectively.
This is reflected in the IEA's recent report on this market,…
Rodrigo Paz was sworn in as president of Bolivia
On Saturday, November 8, centrist politician Rodrigo Paz was sworn in as the new president of Bolivia. He promises a plan called “capitalism for all.”
Regarding the presidential election, the second round that gave the new president the…
Venezuela’s livestock sector shows recovery
Edgar Medina, president of the National Federation of Livestock Producers of Venezuela (Fedenaga), stated in a recent interview with Unión Radio that the national livestock sector has shown significant recovery.
Medina indicated that this…
Fedecámaras to present its National Investment and Employment Plan in December
The president of Fedecámaras, Felipe Capozzolo, announced last week that they will present their “Plan to Boost Investment and Productive Employment in Venezuela” during the upcoming National Council meeting, to be held during the first…
The IMF forecasts Venezuela’s inflation to rise in 2026
The International Monetary Fund (IMF) forecasts inflation in Venezuela for 2026 at 682.1 %, as reflected in its "World Economic Outlook" report.
"The international organization has also estimated economic growth of 0.5 % for the year 2025…
Florida adopts cryptocurrencies for exports to Latin America
A group of companies in Florida have decided to continue exporting their products throughout Latin America by adopting the use of cryptocurrencies, which will allow them to receive payments in digital currencies backed by the US dollar.
In…
The Fed could implement further cuts before the end of the year
The data in the Fed minutes in the United States show the institution's willingness to make further interest rate cuts before the end of the year.
However, “the governing body emphasized that the impact of tariffs on prices is still…