The Minister of People’s Power for Food, Carlos Leal Tellería, indicated that Venezuela has the capacity to stock shelves with food, guaranteeing supply for almost four months, following the June 24 earthquakes and the arrival of the Super Niño phenomenon.

He emphasized the joint work between the productive sector and government agencies for the immediate restocking of shelves, ensuring supply to the population.

The minister spoke about revitalizing the productive system during the inauguration of a new Pdval headquarters in the La Concordia sector of Barquisimeto, Lara state.

Furthermore, he referred to a storage strategy that will support national distribution, initiate export plans, and implement preventative measures against the impact of climate events such as the Super Niño phenomenon.

M.Pino

With information from national media and agencies

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La entrada Venezuelan Government guarantees food supply in the face of contingencies apareció primero en Bitfinance.

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 for companies that purchase crude oil and refined products such as naphtha without passing through the Strait of Hormuz, to offset the increased transportation costs.”

The Japanese government’s search makes more sense than ever, considering that 90 % of its crude oil imports come from the Middle East.

In this regard, the archipelago is currently exploring alternative routes to obtain crude oil, including loading tankers at the port of Fujairah in the United Arab Emirates (UAE) or the port of Yanbu in Saudi Arabia, as well as considering other sources such as the United States, Algeria, and Peru.

“Under the direction of the state-owned Japan Oil, Gas and Metals National Corporation (JOGMEC), the plan also includes undisclosed financial aid to fund the construction of pipelines in the Middle East.”

M.Pino

Source: swissinfo

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La entrada Japan to seek other crude oil suppliers apareció primero en Bitfinance.

Researchers at the Zulia Institute of Technological Research Foundation (Inzit) in Venezuela developed a chitosan-based biodegradable coating that helps preserve the freshness of fruit, preventing spoilage and water loss.

These properties were verified during technical trials, according to researcher María Muñoz, who added that “the project takes advantage of the properties of this biopolymer, extracted from crab exoskeletons, to create a highly effective semipermeable barrier.”

This biotechnological innovation offers a sustainable alternative for “reducing post-harvest losses in the agricultural sector, while maintaining the natural characteristics of consumable products.”

In the opinion of researcher Adrián Chávez, the coating slows down cellular respiration, thus reducing the consumption of sugars and total soluble solids (TSS) in the fruit.

One of the benefits is organoleptic preservation; that is, it helps to conserve the “physical and chemical properties and the original flavor of the food,” resulting in a longer shelf life.

M.Pino

Source: laprensademonagas

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La entrada Venezuelan researchers create biodegradable coating that slows fruit spoilage apareció primero en Bitfinance.

To promote banking services in Puerto Ayacucho, Amazonas state, Bancamiga carried out an operation that integrated 477 transportation workers into the financial system, consolidating significant progress in financial inclusion and the entity’s commercial modernization.

This strategic action was achieved through joint work and coordinated planning between the Commercial Banking Department and the bank’s Mass Account Factory.

During a continuous four-day operation, the initiative also successfully integrated 41 individuals who now enjoy the modern products and services offered by the institution in both bolivars and foreign currency.

The incorporation of the transportation sector into the banking ecosystem represents substantial operational progress, as it facilitates the transition to digital payment methods, increases the security of fund management, and streamlines daily transactions for hundreds of transportation users in the region.

Movi by Bancamiga is an innovative service that seeks to transform the traditional public transportation fare payment system through a contactless digital solution. It connects users, transportation providers, and payment processors within a secure and efficient ecosystem, utilizing various payment methods.

This channel is available as a downloadable application from the main mobile app stores, ensuring easy access for all users. Currently, public transportation units integrated with Movi by Bancamiga cover urban routes in Greater Caracas, the Altos Mirandinos region, and eastern Venezuela. Soon, the service will be extended to other routes, modernizing Venezuelan transportation with technology accessible to everyone.

This large-scale, specialized service was delivered through the Mobile Unit, designed to overcome geographical limitations and bring the bank’s services directly to the communities.

During the outreach events, the bank ensured the rapid opening of accounts, the immediate delivery of physical payment instruments, and direct enrollment in the institution’s electronic channels, allowing new clients to operate immediately.

The adoption of these technological tools by the Amazonian population acts as a catalyst for local commerce, providing modern payment alternatives to sectors that required financial modernization.

The financial institution described the event as a fundamental step toward local economic development in the south of the country. It also reaffirmed its institutional commitment to schedule future visits to guarantee the continuity, commercial support, and expansion of its financial solutions in the state of Amazonas.

Information and image provided by Bancamiga Banco Universal

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La entrada Bancamiga connects Amazonas to the financial future apareció primero en Bitfinance.

Recent data from Gas Infrastructure Europe shows the continent is facing its lowest gas reserve levels, raising concerns about replenishing inventories for the winter.

The European Union has two crucial periods for gas supply each year: March, when winter ends and summer begins, and October, when winter begins again. According to the GIE, gas reserves are currently at 61 %, “the lowest level for this time of year in recent years, even lower than that recorded in 2021.”

Gas prices rose in August. And the region is facing a slower-than-necessary filling rate. “The recent pace gives an idea of ​​the challenge. Between early and mid-August, storage capacity increased by an average of 0.27 percentage points per day. If this rate continues, storage levels will reach around 73 % by October 1st. Europe would have to continue injecting gas throughout the autumn to keep rebuilding reserves, coinciding with the gradual increase in demand associated with heating.”

To overcome this predicament, a high rate of injection would be necessary, in addition to ensuring sufficient gas volumes, particularly liquefied natural gas (LNG), which entails a high cost that is passed on to the consumer.

Regarding the European regulatory framework for this sector, it “maintains a 90% filling target.” However, since the “reform of the Gas Storage Regulation, in force since September 2025, this level can be reached at any time between October 1st and December 1st.” A deviation of up to 10 percentage points is permitted when filling conditions are difficult, extendable by an additional five points by the European Commission if these conditions persist. The regulation will be in force until the end of 2027.

In any case, the reserve level for October will be the benchmark for the markets. If storage falls below the levels of recent years, the margin for absorbing a cold winter, lower renewable energy production, or renewed pressure on gas imports is reduced. Furthermore, it contributes to greater volatility in both gas and electricity market prices.

M.Pino

Source: elperiodicodelaenergia

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La entrada European gas reserves at their lowest level in years apareció primero en Bitfinance.

The recent annual report of the Economic Commission for Latin America and the Caribbean (ECLAC), “Economic Survey of Latin America and the Caribbean 2026. Growth and productivity in a context of high informality: limitations and challenges to boost productive formalization in the region,” indicates that economic growth It could reach 2.2 % this year and 2.5 % in 2027.

The commission believes that even if these projections are met, the indicators would be insufficient to “sustainably raise per capita income, close development gaps, and significantly expand policy space.”

The region is not immune to factors currently impacting the international context, such as slower global growth, geopolitical tensions, financial volatility, fiscal policies, and pressures in energy markets.

However, ECLAC emphasizes that low levels of investment, weak productivity growth, the decline in formal job creation, and high and persistent informal employment are the biggest obstacles to regional growth.

The Executive Secretary of ECLAC, José Manuel Salazar-Xirinachs, highlights some achievements of Latin America and the Caribbean in terms of macroeconomic stability, but notes that there is still work to be done to overcome slow growth, increase investment and productivity, and achieve productive formalization that “strengthens the capacities of individuals and businesses, expands social protection, and generates more quality formal jobs.”

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Source: cepal

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La entrada ECLAC projects regional growth of 2.2 % this year and 2.5 % in 2027 apareció primero en Bitfinance.

On August 20, US President Donald Trump signed the National Security Presidential Memorandum ordering NASA to study commercial ways to send humans to Mars.

Trump wants to give a major boost to space transportation and plans to “allow more than 1,000 launches and re-entries on US soil annually by 2030.”

The president wants to accelerate the transition from the current space transportation policy and replace it with one that fosters the growth of this industry, with more space transportation infrastructure, greater private sector participation, and new launch scheduling criteria.

The memorandum aims to facilitate all avenues for NASA to travel to and from the Moon, including commercial robotic access to Mars. The agency has been working on this initiative for decades. “In fact, the Artemis program, which will return humans to the Moon in the coming years, was also created to test the capabilities of the Space Launch System (SLS) and the Orion spacecraft, which will lay the groundwork for transportation to Mars. Artemis I and Artemis II have already been successful in recent years.”

According to statements made two years ago by Joel S. Levine, professor in the Department of Applied Sciences at William & Mary University and consultant for NASA’s Center for Engineering and Safety, preliminary plans envision a crewed mission to Mars in 2035. The mission could take between six and seven months each way, with a planned stay on the Martian surface of 500 days before returning to Earth.

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Source: biobiochile

(Reference image source: NASA on Unsplash)

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La entrada Trump orders NASA to explore human flights to Mars apareció primero en Bitfinance.

A publication from the Shenzhen Institutes of Advanced Technology of the Chinese Academy of Sciences mentions the creation in the Asian country of a self-healing living fabric for clothing.

“The material created by the scientists proved to be resistant and flexible.” It would be used to make clothing from the living mycelium of the Cordyceps militaris fungus. A rope made from four narrow strips of this material can support a weight of 1 kilogram.

The first test was a prototype dress. The process began with cultivating the fungus in a liquid medium until small, spherical aggregates of mycelium formed. These were then placed in molds and dried at a temperature of 45 degrees Celsius. The adjacent parts of the mycelium join together and form a continuous sheet without the need for adhesives, stitching, or an additional base.

This self-repairing ability is possible because the mycelium does not die at a temperature of 45 degrees Celsius; instead, it enters a state of reduced activity, retaining its metabolic activity and regenerative capacity. The researchers were able to demonstrate that the new living tissue can be molded and stitched to form larger structures.

Some aspects still need to be investigated, such as improving its breathability, abrasion resistance, and controlling its biological activation.

The study participants believe that this rapidly degradable material could be used in various fields, including biomedical technologies.

M.Pino

Source: tvbrics

(Reference image source: National Institute of Allergy and Infectious Diseases on Unsplash)

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La entrada China develops self-healing living fabric for clothing apareció primero en Bitfinance.

The Venezuelan government decided to implement power outages due to the effects of the Super Niño phenomenon. Business owners indicate that the measure is generating losses in the millions and decreasing production, so they are demanding investment to recover the national electrical system.

With power rationing, companies lose almost half of their operating hours, according to trade associations throughout the country. In cases of unscheduled power outages in states like Zulia, Sucre, and Anzoátegui, businesses are forced to use their own generators and obtain the fuel to operate them.

In this regard, Miguel Amendolara, president of the Cumaná Chamber of Commerce, Industry, and Production, believes the situation is forcing businesses to incur additional costs.

The loss of productive hours is estimated at 15. In the Paria Peninsula area alone, this figure is calculated at 35 hours per week. “The region would lose up to 140 hours of production per month, which directly impacts businesses and employees.”

Almendrola points out that power outages are unpredictable, making planning impossible. “What economic sector can evolve, grow, or develop without energy? None. Nowhere in the world does a city progress without electricity. Our productive sector cannot withstand another power interruption; it’s unsustainable.”

Small businesses suffer the greatest impact, since their payment methods rely on point-of-sale terminals, which are disconnected during power outages, not to mention the damage to merchandise requiring refrigeration.

M.Pino

Source: laopinion

(Reference image source: Anthony Gomez on Unsplash)

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La entrada Power rationing affects business activity in Venezuela apareció primero en Bitfinance.

The U.S. Office of Foreign Assets Control (OFAC) issued new General Licenses 61 and 62 on August 12, which allow the export to Venezuela of goods, software, hardware, and services related to the installation, improvement, maintenance, and repair of infrastructure in the telecommunications sector.

General License 61 has implications in the area of ​​connectivity, encompassing internet, telephony, data, radio, and television services, as well as news broadcasts and the maintenance of submarine cables or satellite links.

The instrument also authorizes direct transactions with national institutions such as CANTV, Movilnet, and CONATEL.

As for General License 62, its scope focuses on contract negotiation, the signing of preliminary agreements, bidding processes, as well as executable offers and memoranda of understanding for future investments in Venezuela. It facilitates alliances for the creation of joint ventures or the search for new suppliers in the local market.

The United States will govern the legal framework for all negotiations and contracts. Notification to the State Department of the established deadlines after the signing of the agreements is also required.

M.Pino

With information from national and international media

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La entrada OFAC General Licenses 61 and 62 authorize negotiations in the telecommunications sector apareció primero en Bitfinance.