Browsing Tag

Venezuela

The Organization of the Petroleum Exporting Countries (OPEC) released its monthly report, noting that oil production has risen to 30 million barrels per day, representing an increase of 117,000 barrels per day since January. The additional production is mainly attributed to increased oil extractions…
Read More...

Oil exports fell 8 % in January

Venezuela's oil exports experienced an 8 % drop at the end of January, as reported by Reuters, as a result of contract reviews requested by the new PDVSA president, Pedro Tellechea. The new manager ordered in January to suspend "most…

IGTF will exempt cryptocurrency operations

Decree No. 4,784 was recently published, which exempts cryptocurrency purchase/sale operations, such as Bitcoin, and payments made with these assets for goods and services within Venezuelan territory from the payment of the Tax on Large…

The US extends a decree on the Maduro government

The White House administration announced that President Joe Biden decided to extend for an additional year an executive order that classifies the Venezuelan government as an unusual threat to US national security. This order was originally…

Wallbit Pay closes operations in Venezuela

Clients of the Wallbit Pay crypto platform in Venezuela must withdraw their funds due to the closure of operations in the country as a result of the United States sanctions. From the platform, which allows transactions in fiat money and…

Netflix announces price reduction of its plans

Netflix reduced the prices of its subscription rates in more than 30 countries, including some in Latin America and others such as Croatia, Slovenia or Bulgaria, in an attempt to maintain its users given the increase in competition with…