Japan announced on Wednesday, August 26, a plan to diversify its crude oil sources in order to reduce its dependence on the Strait of Hormuz. The plan includes working with Middle Eastern countries to build pipelines.
According to the Nikkei business daily, "the energy measures include subsidies…
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United States
US companies and citizens exempt from reporting beneficial owners
A new rule approved on August 14 by the US Treasury Department permanently exempts US companies and citizens from reporting beneficial ownership, as required by the Corporate Transparency Act.
The measure, which also includes the deletion…
US sovereign debt surpasses $40 trillion
The US economy is facing a setback as a result of decisions made since 2015 by President Donald Trump, the Supreme Court's ruling that the president's tariff collection was illegal, and federal government spending that exceeds revenue by $2…
Amazon to use Trump tariff refunds to return some to customers
Amazon received a refund of nearly $600 million for tariffs imposed by President Donald Trump, which were deemed illegal by the country's Supreme Court.
The American tech company has stated that it will return some of that money, refunded…
Scientists warn of declining oxygen levels in the oceans
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…
Venamcham addresses bilateral trade with U.S. congressional delegation
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…
The United States needs approximately 300,000 workers to rebuild its shipping industry
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…
Amazon announced an airlift for humanitarian aid to Venezuela
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…
Banks in Venezuela begin selling cash dollars with physical remittances allocated by the Fed
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…
Oil export revenues from Venezuela reach $5.491 billion in the first quarter
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…
Cuba approves the largest package of reforms in nearly two decades
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…
The Fed unanimously decided to keep rates in the 3.50 %–3.75 % range
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…