Last week, Ítalo Atencio, president of the National Association of Supermarkets and Self-Service Stores, indicated that a decrease in product prices on store shelves is expected in the short term due to the decline in the value of the unofficial dollar, which has fallen from an average of 900 to 400…
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Venezuela
The Greats of the LVBP: Venezuelan baseball celebrates a season marked by talent and history
The 2025-2026 Greats of the Venezuelan Professional Baseball League (LVBP) gala brought together the leading figures of Venezuelan baseball to recognize the players, coaches, and key figures who defined the season.
The event was dedicated…
Venezuela announces partial reform of the organic hydrocarbons law
Last Thursday, January 22, the Venezuelan Parliament approved in its first reading the Draft Partial Reform of the Organic Hydrocarbons Law.
According to the country's National Assembly, "the draft maintains the status of an organic law,…
Imports of fuels and additives exempt from taxes
This week, the Venezuelan government announced its decision to exempt the import of fuels and additives from taxes.
This is stated in Official Gazette No. 43,292, dated January 9, 2026, which published Decree No. 5,207, establishing the…
Venezuela to launch a plan to increase gold and other strategic mineral production
During a meeting held on Monday, January 19, with the "Mining and Basic Industries Engine," Venezuela's interim president, Delcy Rodríguez, announced a plan aimed at increasing gold production.
The official referred to mining as an…
Bancamiga marks a year of exceptional expansion and profitability
2025 closed for Bancamiga with results that allowed it to consolidate its position as one of the leading institutions within the large segment, driven by the outstanding annual growth of its assets. As of December, its total assets…
SAIME to hold first national ID card issuance this Saturday, January 17
The Administrative Service for Identification, Migration and Foreigners of Venezuela indicated that the first national ID card issuance and data verification journey of the year will be held this Saturday, January 17.
…
Venezuela announces a reform of the national electric system
Venezuela's interim president, Delcy Rodríguez, announced last week new laws that will be incorporated into existing legislation, focused on the modernization and recovery of the national electric system.
In this regard, Rodríguez spoke of…
Venezuela agrees with Italy to elevate diplomatic missions to the rank of ambassadors
Venezuelan Foreign Minister Yván Gil indicated on Monday, January 12, that he held a telephone conversation with Italian Minister of Foreign Affairs and International Cooperation Antonio Tajani to discuss elevating diplomatic missions to…
Rebuilding Venezuela’s electrical system among US priorities
An official document published by the U.S. Department of Energy revealed Donald Trump's interest in the recovery of Venezuela's electrical system, an aspect that is, in fact, one of the priority points of cooperation between the two…
Venezuela activates the Agro-Food General Commission
Last week, the Agro-Food General Commission was activated in Venezuela by interim president Delcy Rodríguez.
The announcement was made last Tuesday, January 6, detailing that the objective of this commission is "to guarantee and strengthen…
Venezuelan state oil company PDVSA confirms negotiations with the United States for oil sales
The Venezuelan state oil company, PDVSA, confirmed last week the start of negotiations for the sale of crude oil to the United States, under a strictly commercial operating scheme, similar to the one used with Chevron.
This was confirmed…