Cuban President Miguel Díaz-Canel announced the largest package of reforms across several key sectors of Cuba in the last 15 years.

Some of the strategic areas covered by the reforms include agriculture, investment, public and private enterprise, and energy.

According to Díaz-Canel, “the purpose of these reforms is to provide Cuba with the tools to face one of its most difficult moments, when it not only faces the economic embargo imposed by the United States since the 1960s but also increasing pressures that include restrictions on its fuel supply, sanctions on key sectors on the island, and a formal indictment against former President Raúl Castro.”

Among the changes Cubans can expect in the private sector are the creation of micro, small, and medium-sized enterprises (MSMEs), private banking entities, and currency exchange houses.

In addition, there will be openings to foreign investment, efforts to strengthen the capacity of state-owned enterprises to create wage models, and the facilitation of technology imports, among other measures.

Díaz-Canel indicated that Cuba is ready not only to resist the sanctions but also to produce, transform, and prosper.

M.Pino

Source: cnnespanol

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La entrada Cuba approves the largest package of reforms in nearly two decades apareció primero en Bitfinance.

Caracas will host Venezuela Energy Week 2026 from October 26 to 29. The event will bring together representatives of local and international companies, including US firms, in the Venezuelan capital to analyze investments in the national energy sector.

Participants will include “financiers, service providers, and global operators with the aim of channeling short-term capital into the energy sector.”

The summit has the support of the Ministry of People’s Power for Hydrocarbons and the state-owned Petróleos de Venezuela (PDVSA).

 

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Among the main objectives of the meeting is the analysis of steps to “accelerate investment in the country, home to the world’s largest proven oil reserves (more than 300 billion barrels) and 195 trillion cubic feet of natural gas.”

The agenda includes technical conferences on “exploration and production (upstream), digital optimization using artificial intelligence for reservoir management, and discussions on developing the local workforce.”

 A section called “Youth in Energy” will be included to address mentorship and knowledge transfer for the next generation of professionals.

M.Pino

Source: ultimasnoticias

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La entrada Caracas to host international energy investment summit in October apareció primero en Bitfinance.

Investment funds from the United States, Brazil, and the United Kingdom will come to Venezuela to participate in Caracas Investment Week 2026, from April 23 to 26.

The event, organized by Orinoco Research, will bring together various hedge funds, particularly investment funds and banks, as well as oil and mining companies, according to the company’s founder, Elías Ferrer.

Caracas Investment Week will be the ideal setting to bring together investors, high-level officials, and the main economic advisors of Venezuela’s interim government.

The event will also include “local business leaders, diplomats, and the country’s leading experts in areas such as energy, political risk, and the legal framework.”

The agenda includes key topics for the country’s future, such as:

• A new era in US-Venezuela relations.
• Oil and gas: unlocking one of the world’s largest hydrocarbon reserves.
• Economic reforms and a new era for foreign direct investment.
• The path to restructuring Venezuela’s debt.
• The new role of mining and critical minerals.
• Opportunities in real estate, tourism, the stock market, private equity, and venture capital.

M.Pino

Source: bitacoraeconomica

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La entrada Investment funds from the United States, Brazil, and the United Kingdom will visit Venezuela in April apareció primero en Bitfinance.

The territorial president of the Federation of Chambers and Businesses of Venezuela (Fedeindustria), Jorge Hernández, has indicated that 2026 will be a positive and decisive year for the country’s economic recovery.

In the words of the business leader, “the current economic reconstruction process focuses on policies with an immediate impact on social welfare, based on boosting private investment and a structural reform toward simplifying the State.”

According to Hernández, the implementation of three key legal instruments is very positive: the Reform of the Organic Hydrocarbons Law, the Draft Organic Law for the Protection of Socioeconomic Rights, and the Law for the Simplification of Administrative Procedures.

These instruments aim to eliminate bureaucratic processes and generate legal certainty. Furthermore, Hernández highlighted the sense of hope and confidence within the private sector, in a context of economic growth and international openness.

He referred to the progress in the oil sector through investment and crude oil sales, the opening of the energy sector, as well as the growth of the manufacturing industry and bank credit as fundamental pillars of the economic recovery this year.

M.Pino

Source: ultimasnoticias

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La entrada Fedeindustria estimates 2026 as a positive year for the Venezuelan economy apareció primero en Bitfinance.

Bolivian President Rodrigo Paz Pereira, along with Minister of Economy José Gabriel Espinoza, announced the comprehensive overhaul of the 2026 General State Budget (PGE), which includes a 30 % cut in public spending.

This is the largest adjustment implemented in the country in over a decade. The president stated that the measure “seeks to dismantle an excessively spending-oriented system inherited from the previous government and redirect resources toward investment, macroeconomic stability, and the efficiency of the state apparatus.”

As a first step in this reform, the government plans to request the return of the 2026 General State Budget (PGE-2026) from the Chamber of Deputies. This budget was prepared and submitted to the legislature in the final weeks of the previous administration, led by Luis Arce, in order to review it and replace it with a plan aligned with the new fiscal priorities.

The president stated that they will reformulate this budget, which was designed for spending rather than investment or to benefit Bolivians.

Minister Espinoza added that “the Executive Branch will incorporate an article into the new law that will allow for a review of the budget until February 2026 under a strict rule: reducing fiscal spending by at least 30 percent. This will require a detailed evaluation of each public institution, its operating budgets, and current programs.”

The government will focus on crucial issues for Bolivia’s economy and development, such as defining the exchange rate of the dollar and the new fuel subsidy policy. According to the Constitution of the South American nation, the Legislative Assembly must debate, modify, or approve the new budget within 60 days of receiving it; otherwise, the bill is automatically enacted.

M.Pino

Source: xinhua

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La entrada Bolivia to cut public spending by 30 % apareció primero en Bitfinance.

The president of the Venezuelan Federation of Baking and Related Industries (Fevipan), Tomás Ramos, stated in an interview with Unión Radio that the country’s annual wheat flour consumption is 1,200,000 tons.

The monthly average is 100,000 tons, according to the executive, who emphasized that the country has “small mills that contribute their share to the production of wheat derivatives.”

These mills make a significant contribution to the sector, where wheat imports have been reduced.

Ramos emphasized: “We have no shortage of raw materials” for the production of wheat flour and its derivatives. He also referred to investments in Venezuela, where “healthy competition is expected, one that benefits Venezuelans and provides us with raw materials; therefore, it is welcome.”

M.Pino

Source: elaragueno

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La entrada Annual wheat flour consumption in Venezuela is 1,200,000 tons apareció primero en Bitfinance.

The European Blockchain Convention will take place on October 16 and 17 at FIRA in Barcelona, ​​Spain. It will be the meeting place for specialists on the subject, who will discuss related topics such as cryptocurrencies, fintech, and other areas where this technology is currently being applied in more than 10,000 personalized meetings.

The conference is a unique event, aimed not only at “developers, founders, and investors who are truly shaping the cryptocurrency industry,” but is also open to all enthusiasts looking to invest and network.

Leading regulatory spokespersons will be present, as well as experts from TradFi, DeFi developers, VCs, and institutional giants.

This is the 11th edition of the EBC, held in English, and is expected to attract over 6,000 visitors and over 300 speakers over two days packed with top-level information, networking, and unforgettable experiences.

M.Pino

Source: eblockchainconvention

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La entrada Everything is ready for the European Blockchain Convention 2025 apareció primero en Bitfinance.

International experts recognized China’s progress in hydrogen development during the recent European Hydrogen Week 2025 in Brussels.

They highlighted China’s strong presence in this field and its well-developed industrial ecosystem, with a particular focus on use in passenger vehicles, as emphasized by Erwin Penfornis, vice president of Air Liquide’s global hydrogen energy business line, at the B2B forum entitled “Hydrogen Markets in Action: Europe, the United States, China, India, and the Global Race for Expansion.”

The Chinese government has been testing new technologies and fostering competition to find “more effective solutions for the production and application of hydrogen energy in the country.”

Meanwhile, the Hydrogen Europe association has indicated that China “ranks first globally in committed investment in hydrogen by 2030 and accounts for the majority of hydrogen production both in Asia and globally.”

The association highlighted that the nation has world-class electrolyzers (the key component for hydrogen production), highly competitive with those manufactured in Europe, as emphasized by Khaled Nageib, director of Egypt Hydrogen.

China’s plan contemplates “a well-organized industrial design and promoting the widespread use of hydrogen production from renewable sources by 2030, which would provide robust support for achieving its carbon-minimum emissions targets.”

M.Pino

Source: xinhuanet

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La entrada China leads hydrogen development apareció primero en Bitfinance.

The Peruvian government, through the Ministries of Economy and Finance and Agrarian Development and Irrigation, presented 22 irrigation projects that seek to position the South American nation among the world’s leading food suppliers.

The ministers of both ministries, José Salardi and Ángel Manero, were responsible for presenting the irrigation proposals, as well as the incorporation of one million hectares into the agricultural sector, to be awarded in July 2026, to boost production.

Manero explained that approximately seven projects are expected to be awarded this year, while the remaining 12 will be delivered before July 28 of next year. Salardi specified that 85% of the investment promotion for the 22 projects will be carried out through the Public-Private Partnership (PPP) mechanism.

According to the participants in this meeting, the projects are aimed at benefiting agricultural producers in 14 regions. “Among the projects to be awarded are the Marañón Transfer (350,000 hectares), Pampas Verdes (200,000), Poechos (100,000), Chavimochic III (63,000), Chinecas (70,000), Poechos (100,000), and others. In addition, irrigation improvements are expected on more than 278,871 hectares.”

Salardi stated that the goal of these initiatives is to double “agricultural exports, considering that sales of $13 billion are expected this year” and double shipments to “more than $31 billion by 2040.”

M.Pino

Source: diariocorreo

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La entrada Peru could be among the world’s leading food suppliers apareció primero en Bitfinance.

Stablecoins represent 90 % of cryptocurrency transactions in Brazil, becoming the preferred payment tool for those seeking speed and security amid the volatility of the traditional market.

This statement was recently made by Denise Cinelli, COO of CryptoMKT, emphasizing that currently, “9 out of 10 crypto transactions in Brazil are made with stablecoins, consolidating them as the preferred option for payments, investments, and protection against volatility.”

With this trend, Brazil is among the largest stablecoin markets in the world, “driven by the search for digital assets that maintain stability and security in a changing economic environment” by offering individuals and businesses trading in the cryptocurrencies USDT (Tether), USDC (USD Coin), and DAI.

Stablecoin transactions in Brazil are a way out of the inflation and volatility of the real, the local currency. Furthermore, it facilitates remittances and digital payments, in addition to allowing access to financial services for managing money.

M.Pino

Source: diariobitcoin

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La entrada Cryptocurrency transactions in Brazil are made with stablecoins apareció primero en Bitfinance.