The National Telecommunications Commission (Conatel) held a meeting with representatives of SpaceX/Starlink to evaluate new connectivity and internet options for the public in Venezuela.
According to Conatel, the objective is "to strengthen the telecommunications sector and ensure that Venezuelans…
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Venezuela
World Bank estimates $19.6 billion in damage from earthquakes in Venezuela
The World Bank issued a preliminary assessment last week of the cost of damage in Venezuela caused by the June 24 earthquakes, estimating it at $19.6 billion.
The organization focuses on the destruction of residential buildings, and the…
Peru and Venezuela resume bilateral relations
The governments of Peru and Venezuela announced that they will gradually resume bilateral relations, which were suspended in 2024.
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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…
Job bank created to assist those who lost their jobs during earthquakes
Humaniz Consulting launched a job bank, according to its president, José Adelino Pinto, to offer new opportunities to those who lost their jobs during the two earthquakes in Venezuela on June 24.
Hundreds of families lost their homes…
Specialized oil drilling equipment arrived in Venezuela from Brazil
Brazil sent specialized oil drilling equipment to Venezuela aboard the vessel MV BBC RIO, which was received at berth 5 of the Port of Guanta, in Anzoátegui State, in eastern Venezuela.
Venezuela received 271 pieces of cargo with…
Central Bank of Venezuela (BCV) coordinates strategies with national banks to control inflation and…
During a meeting between the Central Bank of Venezuela and representatives of public and private banks, key issues for the country's economy were discussed, including monitoring monetary liquidity, inflation, and exchange rate control.…
Venezuela will use the $346 million received from the IMF to support earthquake victims
Venezuela announced on Friday, July 17, that it had obtained access to $346 million of its own funds from the International Monetary Fund. The money will be used for recovery and to help those affected by the June 24 earthquakes.
This was…
Government of Venezuela exempts commissions associated with point of sale operations in La Guaira
Point-of-sale operations in businesses in La Guaira, Venezuela, will be exempt from paying commissions for 90 days, according to the Venezuelan Banking Association (Asobanca).
In a press release, the association indicated: "The majority of…
The Central Bank of Venezuela reported an inflation rate of 13.8 % in June
The Central Bank of Venezuela revealed that during the month of June, the National Consumer Price Index (INPC) reached 13.8 %. It also highlighted that the accumulated inflation rate for the first half of 2026 was 129.82 %.
“The result for…
Cavecom promotes a technological and financial plan for commercial recovery in La Guaira and Aragua
The Venezuelan Chamber of Electronic Commerce (Cavecom), through its president, Richard Ujueta, announced a plan for the recovery of the commercial sector affected by the recent earthquakes in La Guaira and Aragua.
In this regard, he…
The use of stablecoins for everyday payments is growing in Latin America
The use of stablecoins in everyday payments in Latin America continues to increase. Digital currencies are a response to factors such as inflation, monetary weakness, financial volatility and difficult access to dollars.
In various LA…