Just a few hours ago, Hyundai Venezuela unveiled the Creta, its new compact SUV, which perfectly complements the category or segment occupied by larger and iconic SUVs like the Tucson and Palisade, while also meeting the needs and preferences of Venezuelan buyers and users.

On February 19th, Hyundai responded to expectations and showcased the Creta, a complete and luxurious vehicle at a more accessible price.

The Hyundai Creta SUV has established itself as one of the brand’s best-selling models globally, and now arrives in the Venezuelan market with a concept that directly connects with the aspirations of its drivers, summarized in the phrase and invitation: “Concrete your dreams.”

Designed for those seeking to move forward, grow, and experience new things, the Hyundai Creta combines a modern and futuristic design with intelligent technology, superior comfort, and a robust safety package, reaffirming the brand’s commitment to innovation and reliability, according to spokespeople and a press release.

Design that inspires movement

The new Creta stands out for its youthful and modern aesthetic, with defined lines and an imposing presence on the road. Its exterior design reflects an urban and dynamic personality, while the interior offers a functional and well-equipped environment, designed for everyday use and big plans. With seating for five passengers and a spacious trunk, every journey becomes a comfortable and practical experience.

Efficient and reliable performance

The Hyundai Creta is equipped with a 1.5L 4-cylinder engine, capable of generating 113 HP and 144 Nm of torque, coupled with a 6-speed automatic transmission and 2WD. This combination offers an ideal balance between performance, efficiency, and a smooth ride, both in the city and on the highway, meeting the demands of the modern driver.

Driver-centric technology

In terms of technology, the Creta features an 8” touchscreen compatible with Apple CarPlay and Android Auto, Bluetooth connectivity, a wireless phone charger, a premium sound system with six speakers, and a 4.2” TFT + LCD instrument panel, which provides easy access to key information while driving. Everything is designed to keep the driver connected, informed, and comfortable at all times.

Safety as a priority

Safety is one of the fundamental pillars of the Hyundai Creta. The model features 6 airbags, ABS brakes, Electronic Stability Control (ESC), Hill Start Assist (HAC), parking sensors, a rearview camera with dynamic guidelines, and child safety locks. This comprehensive equipment provides peace of mind and confidence on every journey.

Warranty, immediate availability and financing

The Hyundai Creta is backed by a 3-year or 125,000 km warranty, one of the most competitive in the Venezuelan market. It is available for immediate delivery in 7 colors and can be purchased through the network of more than 20 authorized Hyundai dealerships nationwide. Furthermore, like all models from the brand, the Hyundai Creta offers financing options for up to 24 months, facilitating access to this global SUV that is now adapted to the needs of the local market.

With the arrival of the Hyundai Creta, the brand reaffirms its commitment to Venezuela, offering world-class products designed to accompany people through every stage of their lives. Make your dreams a reality. The journey begins today. This concludes the Hyundai Venezuela press release for its launch.

Two interesting facts about the attractive Hyundai Creta: Internationally, it’s nicknamed and known as the “Baby Tucson.” In Venezuela, its price will start at $31.999,00 with financing options available.

It is now available throughout the Hyundai dealer network.

One of them, always ready to provide advice and timely information, is Iksan Motors, located in Las Mercedes (Caracas).

Information provided by Hyundai Venezuela, national media, and social networks

(Reference image source: Hyundai – Courtesy)

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La entrada The Hyundai Creta is now on sale in Venezuela: a compact SUV for everyday life and big plans apareció primero en Bitfinance.

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 week of December.

Capozzolo said in an interview with the program Dos más Dos on Unión Radio that they hope their proposal will be considered by government authorities. He also emphasized that, regarding communication with the Executive branch, “there must be fluid relations to address difficult issues” and make progress on matters such as energy, public services, electricity, financing, inflation, and taxes paid by the private sector.

According to Capozzolo, it is essential to review the conditions of tax and parafiscal obligations in the country, considering that businesses want access to “digital assets, to create more jobs, generate exportable goods, penetrate new markets, and this would require building agreements, and this must be done directly with the national government.”

In this way, according to the executive, companies commit to generating 70 % of jobs and 50 % of the Gross Domestic Product (GDP) in non-oil goods.

M.Pino

Source: elaragueno

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On Wednesday, September 24, the US Treasury announced its decision to approve a $20 billion financing package for the Central Bank of Argentina.

This amount would be primarily used for the purchase of primary or secondary debt of the South American country.

The US Treasury stated: “The Treasury is currently in negotiations with Argentine officials to establish a $20 billion swap line with the Central Bank.”

The negotiation involves working together with the Argentine government “to avoid excessive volatility,” stated Secretary Scott Bessent on the social media platform X, who met on Tuesday with US President Donald Trump and Argentine President Javier Milei.

He added: “The United States is prepared to purchase public debt in the primary or secondary market, and we are working with the Argentine government to end the tax exemption for commodity producers who exchange foreign currency.”

M.Pino

Source: DW

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With its latest launch, Hyundai de Venezuela sets itself apart in terms of quality-price-advantages, in terms of the possibilities available to acquire an advanced, new vehicle. This proposal aims to capture the attention of users and is indeed one of the most attractive in the national automotive market.

The Korean automaker has introduced the new Grand i10 GL in Venezuela. Brand-new vehicle, year 2025; characterized by “high quality at an affordable price.”

Considering and adapting to the purchasing power of Venezuelans, Hyundai estimates that the Grand i10 GL is accessible to the majority of people looking to buy a new car.

“In a challenging economic context, Hyundai offers Venezuelans a reliable and affordable vehicle, without sacrificing the quality and comfort that characterize the brand,” emphasizes the company, the largest South Korean automobile manufacturer, recognized worldwide for its constant research and development in favor of innovation, sustainability, and a focus on benefiting users.

The Grand i10 GL retains its renowned 1.2L engine, whose main features are optimal performance and fuel efficiency.

 

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Una publicación compartida por Hyundai Venezuela (@hyundaivzla)

Your new Grand i10 GL for $19,990 including taxes

The car is priced at $19,990, which includes taxes and other purchase requirements. It has a spacious interior, with a comfortable and versatile cabin. And, like other Hyundai vehicles, the Grand i10 GL is available with financing.

The Grand i10 GL comes with a 3-year/125,000 km warranty and is available at the brand’s 20 authorized dealerships nationwide.

Hyundai Venezuela invites all interested parties to visit their nearest dealership, where teams of advisors will be available to provide detailed information and showcase the Grand i10 GL.

With information and reference images from Hyundai Venezuela and social media.

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La entrada The Hyundai Grand i10 GL has a very reasonable and surprising final price. apareció primero en Bitfinance.

Bancamiga carried out “The Entrepreneur’s Journey”, an innovative business development forum in which people with business initiatives had access to useful elements to overcome challenges and walk the path to achieve success. In addition, a group of microentrepreneurs received financing to promote their ventures.

In this forum, hundreds of people filled the José Félix Ribas Room of the Teresa Carreño Theater, and lived a unique training experience in which topics such as ideation, innovation, leadership, vision, teamwork, collaboration, resilience, visibility and impact were addressed. . As well as sustainability and intelligent optimism.

For José Simón Elarba, president of the Board of Directors of Bancamiga, “The Entrepreneur’s Journey was designed as a business strengthening proposal for those seeking to grow and find solutions to the challenges they constantly have to overcome. Because our purpose is to continue accompanying Venezuelans with training options for their development.”

Based on conferences by experts in different areas, “The Entrepreneur’s Journey” allowed the public to travel the path taken from the moment the business idea is conceived, until it becomes a decent means of living for people. that drive it and a sustainable value offer for the Venezuelan market.

The event featured interventions by Claudia Valladares, co-founder and President of the Impact Hub Caracas; Verónica Ruiz del Vizo, businesswoman and digital strategist; Isa Bermúdez, brand strategist and international speaker, together with journalist Eduardo Rodríguez Giolitti as motivational author and Bancamiga’s ambassador, Amanda Dudamel, as moderator.

The surprise of the day was the participation of the Venezuelan robotics team that won the First Global Challenge, held in Singapore, in 2023. Accompanied by the robot Kashi, the team of young Zulians excited and inspired the attendees with testimonies that show that the Preparation, training, motivation and the desire to achieve the goal is key to succeeding and achieving the objectives.

By carrying out this activity, Bancamiga continues to reaffirm its social commitment to the economic development of the country and its support for Venezuelan entrepreneurs, people with business ideas, small and medium-sized entrepreneurs.

With more than 3,000 people trained, Bancamiga’s entrepreneur training program is the only initiative that offers open and free spaces for training Venezuelans.

The financial institution has provided more than 1,500 loans to entrepreneurs during the last year.

Video

We invite you to listen and watch the following in-person and informative video coverage:

Audiovisual production: Ida Febres and Jesús Ramírez / Grupo de Comunicación Digital EL SUMARIO

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Hyundai Motor Company is South Korea’s largest automobile manufacturer. Its main headquarters is in Yangjae-Dong Prefecture in the city of Seocho-Gu in Seoul. It is the sixth largest and most important automobile manufacturer in the world.

One of the main characteristics that define its engineering as well as product design is constant innovation, which currently ranges from electrification to defining new forms of mobility for the future.

The Hyundai Santa Fe recently won the prestige Red Dot Design Award

By winning one of the world’s top three design awards, Hyundai Motor demonstrates and confirms the excellence of its customer-centric and lifestyle-driven design.

“We are tremendously honored to be recognized by the Red Dot Design Awards for these important vehicles and innovations. This recognition serves as a testament to the exceptional dedication exhibited by our team of visionary designers, who put their unwavering passion and commitment into this project, along with our collaborating engineers at the R&D center. It highlights the remarkable competitiveness of Hyundai’s design identity within the global market,” said SangYup Lee, executive vice president and head of Hyundai and Genesis Global Design.

Advantages in Venezuela

The brand’s representation in the country offers financing, an extraordinary guarantee and support, as well as more than twelve models available for immediate delivery. One of the various Hyundai dealers always willing to provide timely information and useful advice is Iksan Motors, located in Las Mercedes (Caracas).

M.Pino

Source of information and images: Hyundai Vzla

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In the opinion of Pedro Pacheco, president of the Banking Association of Venezuela (ABV), the massification of credit in the country will take time.

In an interview with Unión Radio on March 7, the president of the ABV indicated: “The solution to the lack of credit in Venezuela involves stabilizing macroeconomic policy and restructuring the external debt, since the country defaulted in 2017.”

According to Pacheco, it is necessary to first resolve, or at least work on it in parallel, the problem of default. Likewise, large capital is required, the restructuring of the debt and that “the terms of how it will be paid be stated.”

Until these crucial issues are addressed, “financing will be very restricted.”

Although credit increased 90 % in the last year, it is insufficient. Pacheco mentioned that currently a credit card “can have a limit between $100 and $150,” which is very little.

In this sense, he said that since the end of 2023, the review of the limit amounts of credit cards began. And although different national banks have already made adjustments, the limit is still insufficient.

M.Pino

Source: finanzasdigital

(Reference image source: Emil Kalibradov at Unsplash)

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La entrada Massification of credit in Venezuela will take time apareció primero en Bitfinance.

In an urgent call, the International Monetary Fund (IMF) urged Democrats and Republicans on September 28 to reach a consensus and thus avoid the closure of the US Administration.

Julie Kozack, director of communications at the IMF, in a press conference, appealed to the “common sense” of both parties to reach an agreement to finance the Administration, stressing that the closure represents an “avoidable risk” for the US economy.

A group of Republicans loyal to former President Donald Trump (2017-2021) is in full rebellion and is reluctant to accept a short-term solution that extends funding for federal agencies beyond September 30, the date on which funds run out. Funds available.

If the public administration runs out of funds, most government agencies, museums and national parks will close their doors, while hundreds of thousands of federal employees will be temporarily left without jobs or pay, a situation that could have an impact on the economy.

The Senate must vote on the proposal agreed upon by Democrats and Republicans to finance the Government until mid-November, which would avoid a shutdown starting next week.

The Senate measure includes $6 billion for Ukraine and another $6 billion to fund environmental emergency response services.

However, the proposal also needs the support of the Lower House, which is under conservative control and where a group of dissident Republican congressmen refuses to accept a short-term solution to fund federal agencies.

K. Tovar

Source: Bancaynegocios

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Ukraine will ask for between $12 billion and $14 billion from the United States in 2024 to cover expenses resulting from the Russian invasion and the slow progress of the Ukrainian counteroffensive.

“Talks have not yet been opened. There are many unknowns, and we are not sure that it can be taken for granted,” Ukrainian Finance Minister Serhiy Marchenko said this Monday in statements reported by Bloomberg.

In addition, Ukraine also hopes to obtain an additional credit line of $3.3 billion before the end of the year.

Last week, the Ministry of Defense announced that it would request an extra increase in funding of 251 billion hryvnia in the face of rising military costs.

Marchenko stated that they will meet as soon as possible to address this request, although he has not been “confident” that “all their needs” can be met.

K. Tovar

Source: Bloomberg

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In a prominent day in Washington, the Argentine Minister of Economy and candidate for the presidency, Sergio Massa, revealed that he had obtained loans for a total of 1.3 billion dollars from the World Bank and the IDB, for the benefit of Argentina.

From early hours, Massa held a meeting with Anna Bjerde, Managing Director of Operations of the World Bank, where two financing programs were achieved. One of them, with an allocation of 450 million dollars, focuses on strengthening food security.

The second, of 200 million dollars, is aimed at Small and Medium Enterprises (SMEs), providing them with access to credit for imports and a rapid settlement of foreign currency for export. These details were shared by Massa at a press conference held at the facilities of the Inter-American Development Bank (IDB).

Likewise, in his meeting with Ilan Goldfajn, president of the IDB, additional funds were announced for a total of 650 million dollars, with three key objectives: financing the construction of a bridge between the provinces of Corrientes and Chaco, improving the Salto dam Large shared with Uruguay, and increase exports in the knowledge economy sector. With these initiatives, the amount of additional financing would reach the figure of 1,300 million dollars for Argentina at the end of this year.

Massa emphasized that these credits play a fundamental role not only in reinforcing reserves, which have experienced an increase of 1.7 billion dollars in the last 21 days, but also in supporting development projects.

At a time when Argentina faces annual inflation of more than 100 % and a marked shortage of international reserves, these loans provide respite from the high demand for dollars, which citizens seek as a refuge from price volatility.

K. Tovar

Source: Semana

(Reference image source: Adam Nir, Unsplash)

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La entrada Sergio Massa announces a $1.3 billion loan for Argentina apareció primero en Bitfinance.