Brazilian Energy Minister Alexandre Silveira indicated that the South American nation will soon join OPEC+, after accepting the invitation made by the members of the Organization of the Petroleum Exporting Countries (OPEC) in 2023.
Brazil is the seventh-largest oil producer in the world, with…
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economy
Ukraine plans to approve the legalization of Bitcoin this year
Amid the war in Ukraine, the country is heading towards the early legalization of Bitcoin, according to the chairman of the Committee on Finance, Taxes and Customs Policy of Ukraine, Danylo Hetmantsev.
Ukraine would be one of the first…
Venezuela’s inflation in January was 7.9 %
Data from the Venezuelan Finance Observatory on inflation for the month of January indicate that it closed at 7.9 %. The entity highlights that it was 6.9 points below last December, when it closed at 14.8 %.
The OVF indicated in a press…
Chile lowers economic growth projection for 2025
Chile lowered its economic growth projection for this year to 2.5 % and expects an increase in inflation, according to data from the Public Finance Report for the fourth quarter of 2024.
According to the Budget Directorate, “the current…
Colombia, Peru and Brazil agreed to increase minimum wage
The economy in Latin America is still struggling to stabilize. Amid discussions and working groups, the labor force has achieved some achievements that are reflected in salary increases starting in 2025, as is the case in Peru, Brazil and…
Importance of a good organizational climate
Eight hours or more spent in an office turn workers into a family. A good work environment, where the human being and his performance are valued, triggers benefits for both parties.
Work environment specialists recommend maintaining a good…
China to invest in industrial park in western Venezuela
Venezuela and China are moving forward with strategic projects in the state of Falcón, in western Venezuela, with an investment of $10 billion in sectors such as tourism and oil.
According to the vice president of Venezuela, the objective…
Brazil expects a 7 % increase in food production during 2025
The Brazilian Institute of Geography and Statistics (IBGE) expects that in 2025 the production of some foods in the country will increase by 7 %. The items mentioned in the study are oil seeds, cereals and legumes.
According to the local…
British pound hits highest price in more than two years against euro
A 0.3 % appreciation in the value of the British pound gave a boost to the British currency to place it above the euro.
The British pound stood at 82.50 pence per euro, a rebound that had not been seen since April 2022. The increase comes…
Venezuela’s economy will be marked by inflation and the exchange rate in 2025
In a forum held by the Venezuelan Finance Observatory, with the participation of specialists and academics, the economic scenario for the country in 2025 was analyzed, with projections of a scenario marked by inflation and the exchange…
China to ease monetary policy in 2025
Next year, China will ease monetary policy to stimulate its economy. The measure has the support of President Xi Jinping.
Currently, the Asian country, the second-largest economy in the world, is struggling to contain the slowdown in the…
Lula predicts 3.5 % growth in Brazil’s economy
The president of Brazil, Luiz Inácio Lula da Silva, predicts an economic growth of the country by the end of 2024 of 3.5 %.
According to the president, the figure could even be 4 % "contrary to the forecasts that the market was considering…