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 as a whole and a decline of 3 % for the following year."…
Read More...
Browsing Tag
economy
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…
Eurozone inflation surpasses expectations
In September, eurozone inflation exceeded analysts' projections, closing the month with a 2.2 % increase. This trend was driven by rising prices for goods and services, particularly energy costs.
According to the European Central Bank…
U.S. crude oil reserves fell by 600,000 barrels
U.S. crude oil reserves experienced an unexpected decrease of 600,000 barrels, according to a report released last week by the Energy Information Administration.
This development contradicts the projections of experts in the field, who…
Federal Reserve lowers interest rates for the first time since 2024
Last Wednesday, the US Federal Reserve finally implemented a quarter-point reduction in interest rates, setting them between 4 % and 4.25 %.
In a climate of uncertainty, the Fed made the announcement after a lengthy meeting of its Federal…
Venezuela signs alliance for salt exploitation in the eastern part of the country
A strategic alliance between the government of the state of Sucre, in the eastern part of Venezuela, and the International Center for Productive Investment (CIIP) will allow international investment for the exploitation of the Araya salt…
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…
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…
Maduro affirms agricultural production maintains stable annual growth
Venezuelan President Nicolás Maduro has indicated that the country maintains stable annual growth in the agricultural sector, which is between 4.5 and 5 %.
Maduro emphasized that 14.5 million hectares are available for production, aimed at…
New China-Europe freight train service in Hubei is opening
Hubei Province, in central China, announced the entry into operation of the second freight terminal for China-Europe (Central Asia) freight train services.
The start of operations of this hub in Wuhan was marked by a freight train loaded…
Ecuador maintains the lowest inflation rate in Latin America
In Latin America, Ecuador maintains the lowest inflation rate in the region. During the month of July, annual inflation stood at 0.72 %, which, according to the National Institute of Statistics and Censuses (INEC), represents a slowdown…