Browsing Tag

economy

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. Rodríguez presented the figure to the National Assembly…
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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…

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…

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…