The reduction of oxygen levels in ocean waters is accelerating, according to a study by the University of California San Diego, which represents a threat to life on planet Earth.

In this regard, scientists indicate that “it would be advisable to establish aquatic oxygen as one of the factors that could become tipping points.”

This situation is partly a consequence of an excess of nutrients known as eutrophication. The study details that fertilizers, for example, “are very rich in nitrogen, which is one of the most important nutrients for algae growth. When algae proliferate excessively, they cloud the water and prevent sunlight from adequately reaching aquatic photosynthetic organisms.”

Another cause of this phenomenon lies in what happens after these algae die and sink to the bottom, as they are decomposed by bacteria that consume large amounts of oxygen.

The warming of the planet’s water, due to climate change, means that it dissolves less oxygen than cold water, and this is another reason for the decline in oxygen levels in the water.

This is compounded by “changes in water movement and aeration,” which involve, for example, the construction of dams.

Deoxygenation would affect everything from ocean microorganisms to marine mammals that surface to breathe. Furthermore, the phenomenon would cause the displacement of species and damage to their habitats. On land, processes such as the carbon cycle would be affected, which is why scientists propose including ocean deoxygenation among planetary boundaries to avoid a point of no return for the planet’s survival.

M.Pino

Source: xataka

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La entrada Scientists warn of declining oxygen levels in the oceans apareció primero en Bitfinance.

The Venezuelan-American Chamber of Commerce and Industry (Venamcham) met with a delegation from the United States Congress to discuss key issues in bilateral trade, such as mechanisms to attract investment, as well as offering legal security, transparency, and competitiveness.

The meeting in Caracas also served to “evaluate ways to reintegrate the Venezuelan economy into international markets.”

“The U.S. delegation was led by Congressman Brian Mast, accompanied by members of the House Foreign Affairs Committee (HFAC), including Representatives Randy Fine and Kat Cammack of Florida, and Representative Jonathan Jackson of Illinois. Also present was John M. Barrett, Chargé d’Affaires of the U.S. Embassy.”

Amaru Liendo, president of Venamcham, emphasized that the institution maintains the nation’s commitment to fostering and strengthening economic relations between the two countries, “promoting a sustainable business environment that defends free enterprise. Strengthening these relations is built through dialogue, innovation, and solid alliances between the public and private sectors.”

M.Pino

Source: elnacional

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La entrada Venamcham addresses bilateral trade with U.S. congressional delegation apareció primero en Bitfinance.

The rebuilding of the U.S. shipping industry is facing a labor shortage of 300,000 workers, including welders, electricians, and other highly paid skilled positions.

This was stated on Monday by JPMorgan Chase CEO Jamie Dimon. His remarks coincide with the announcement of “a $24 million investment by JPMorgan to bolster shipbuilding and marine manufacturing at the historic Philadelphia Navy Yard.”

This disbursement includes $18 million in loans and investments and another $6 million in grants. Part of these resources will be used to expand a submarine component manufacturing and assembly plant, which is expected to create 450 permanent jobs.

Adding to this challenge posed by the labor shortage is the fact that the United States currently builds less than 1% of the world’s new commercial ships. Furthermore, the U.S.-flagged merchant fleet has shrunk to fewer than 190 vessels, far below the nearly 3,000 that operated in the 1960s.

In this scenario, technical training programs could offer a solution, allowing workers without university degrees to gain practical experience while earning a salary and being integrated into the shipping sector.

M.Pino

Source: mundomaritimo.cl

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La entrada The United States needs approximately 300,000 workers to rebuild its shipping industry apareció primero en Bitfinance.

The American company Amazon announced the implementation of an airlift, in alliance with the United States Department of State, the Airlink association and the UN World Food Program (WFP), for the distribution of humanitarian aid to Venezuela.

This measure seeks to establish specific guidelines and strategies for the distribution of aid to the South American country after the earthquakes of last June 24.

Through a statement, Bettina Stix, director of Community Impact at Amazon, indicated: “The airlift will channel supplies to trusted nonprofit organizations operating on the ground in Venezuela so they can immediately use them to serve the most affected people.”

For her part, Stephanie Hochstetter, director of the World Food Program in Venezuela, stressed that her staff “will coordinate the distribution and storage of aid that arrives on Amazon flights.”

Likewise, Tommy Pigott, spokesperson for the State Department, assured that “this will help ensure that vital assistance reaches Venezuela as quickly as possible.”

M.Pino

Source: swissinfo

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La entrada Amazon announced an airlift for humanitarian aid to Venezuela apareció primero en Bitfinance.

Last week, Venezuela resumed selling cash dollars thanks to the arrival of physical remittances sent by the U.S. Federal Reserve.

With this measure, Venezuela’s foreign exchange market receives a new boost, since until now the system operated almost exclusively with electronic currency.

 

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The allocation of foreign currency to the country was mainly done digitally, through transfers or international cards.

With the lifting of sanctions on the Central Bank of Venezuela, communication with the Federal Reserve was re-established, and subsequently, the delivery of batches of physical banknotes in denominations of $50 and $100 was enabled.

M.Pino

Source: finanzasdigital

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La entrada Banks in Venezuela begin selling cash dollars with physical remittances allocated by the Fed apareció primero en Bitfinance.

Data published by the Central Bank of Venezuela this Monday, June 22, reflects that Venezuelan oil exports reached $5.491 billion during the first quarter of the year.

This figure represents a 21 % increase compared to the same period in 2025, when the country received $4.518 billion.

According to the regulatory body, “the balance of payments, which breaks down income by sector, in a context marked by Venezuela’s opening to new investments,” promoted by the United States, which earlier this month indicated that exports reached 1.25 million barrels per day (bpd), the “highest level this Caribbean country has recorded in seven years.”

In this regard, John Barrett, Chargé d’Affaires of the Donald Trump Administration, said at the time that the increase in oil exports “was the result of the three-phase plan of Secretary of State Marco Rubio and the President”; that is, stabilization, recovery, and transition.

M.Pino

Source: alnavio

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La entrada Oil export revenues from Venezuela reach $5.491 billion in the first quarter apareció primero en Bitfinance.

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.

The US Federal Reserve decided on June 17 to maintain interest rates at 3.50%–3.75%. The decision resulted from a unanimous vote by the FOMC.

According to the FOMC’s statement, “productivity and capital investment remain strong, while job gains are keeping pace with the labor force.”

Regarding the unemployment rate in the country, the FOMC noted slight changes in recent months. The Fed also confirmed that it will maintain ample reserves in the banking system, a strategy to provide liquidity.

Despite improvements in some indicators, inflation continues its upward trend and remains above the 2 % target, “driven in part by supply shocks that have raised prices in sectors such as energy.”

The committee stated that the economy “continues to show resilience, although it acknowledged that the international situation adds short-term risks.”

M.Pino

Source: finanzasdigital

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La entrada The Fed unanimously decided to keep rates in the 3.50 %–3.75 % range apareció primero en Bitfinance.

A new set of licenses was announced by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on June 10. The resolutions expand and update the authorizations for energy and mining operations related to the country.

Licenses 46C, 47A, 48B, 50B, 51B, 52A, and 54A immediately supersede the previous versions published between February and March of this year.

“Among the most relevant changes, OFAC authorized new operations related to the export, marketing, and transportation of Venezuelan oil and petrochemical products to the United States.”

According to the announcement, the benefit covers U.S. companies established before January 29, 2025. “License 50B also ratified permits for transnational corporations such as Chevron, Repsol, Shell, BP, Eni, and Maurel & Prom for activities related to the Venezuelan oil and gas sector.”

On the other hand, license 47A authorizes the export of diluents to Venezuela, and license 48B authorizes the “supply of technology, software, equipment, and services for oil, petrochemical, and electrical projects within the country.”

In the mining sector, operations related to Venezuelan minerals, including gold, are being made more flexible through licenses 51B and 54A, which will allow the export, transport, processing, and supply of goods linked to mining activities under strict oversight mechanisms and periodic reporting.

M.Pino

Source: puntodecorte

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La entrada OFAC issues new licenses for oil, gas, and gold trading in Venezuela apareció primero en Bitfinance.

The United States experienced its largest increase in year-over-year inflation in three years in May, reaching 4.2 %.

According to analysts, “this spike is in line with market expectations, which anticipated the continuation of an upward trend driven by higher energy prices due to the war in Iran.”

In May, energy prices rose 3.9 %. Furthermore, “inflation in energy products accounted for more than 60 % of the overall monthly increase.” Meanwhile, year-over-year, food prices increased by 3.1 %.

Core inflation — which excludes the impact of volatile energy and food prices — rose to 2.9 % year-on-year last month, slightly above April’s 2.8 %.

M.Pino

Source: elconfidencial

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La entrada US inflation rises 4.2 % in May apareció primero en Bitfinance.