The governments of Venezuela and Cuba signed letters of intent to increase the production of oils and fats and promote marketing through the planting of oil palm.
Through Diana Industries, the Venezuelan government will give impetus to the sector, betting on economic development.
The authorities…
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economy
Venezuela’s economy grew 8.5 % from January to September
The president of Venezuela, Nicolás Maduro, indicated this Monday, December 2, that the growth of the Gross Domestic Product during the first three quarters of 2024 was 8.5 %.
Maduro highlighted that the country has completed 14 quarters…
Bahamas joins CAF as a shareholder country
The Development Bank of Latin America and the Caribbean, CAF, has a new member, after the incorporation of the Bahamas as a shareholder country.
The organization now has 22 member countries and is emerging as the “development bank with the…
German GDP grows slower than expected
The Federal Statistical Office published the data on Germany's gross domestic product for the third quarter of 2024, confirming slower growth than expected.
According to the statistics office, German GDP in this period stood at 0.1 %,…
Pdvsa expects to increase oil production by 30 % by 2025
In its search to strengthen the oil industry, increase exports, and diversify markets, Venezuela, through Pdvsa, hopes to increase crude oil production by 30% by 2025.
This was recently announced by the Minister of Oil, Delcy Rodríguez. …
AI analyzes the pros and cons of the increase in the price of Bitcoin
The price of Bitcoin maintains an upward trend, with slight daily variations. When asking artificial intelligence if it is good for the value of the cryptocurrency to increase, the answer is divided into favorable and unfavorable aspects.…
Low-cost Chinese online stores cause alarm in Latin America
The rapid increase in the presence in Latin America of Chinese online stores with merchandise at very low prices keeps governments on alert, which are studying measures to protect retailers due to possible unfair competition.
The very low…
Cavececo expects an increase in sales during Black Friday and Christmas
The Venezuelan Chamber of Shopping Centers (Cavececo) expects an increase in sales and visits to shopping centers during Black Friday and Christmas.
According to the Executive Director of the organization, Claudia Itriago, the December…
US Congress to be the most crypto-friendly
The US Congress has 247 members in favor of cryptocurrencies, after the votes this Tuesday, November 5, which coincided with the presidential elections where Donald Trump was the winner.
The 247 seats prevailed over 113 anti-crypto…
Venezuela’s non-oil exports to Russia grew by more than 450 %
During the recent Binational Business Council to analyze bilateral investment strategies, Venezuelan vice president, Delcy Rodríguez, pointed out that non-oil exports to Russia exceeded 450% until September.
In her meeting with the Russian…
Peru’s new Jorge Chávez Airport to open in January 2025
The new Jorge Chávez Airport will open its doors on January 29, 2025, according to an announcement by Peru's Minister of Transport and Communications, Raúl Pérez-Reyes.
The information was confirmed by the general manager of Lima Airport…
Donald Trump wins US presidential election
The American media have attributed to Republican Donald Trump the victory in the presidential elections this Tuesday, November 5, against Democrat Kamala Harris, with 70,944,123 votes (51%) and 66,028,931 votes (47.5%), respectively.
With…