Tag: Economy
Venezuela and Vietnam Seek to Increase Their Trade Exchange
Currently, both countries maintain agreements for the development of petrochemical and agricultural industries. On Saturday, Venezuelan Vice President Delcy Rodriguez met in Caracas with Vietnam’s ambassador to Venezuela Vu Trung My. RELATED: Venezuela Expresses Unconditional Solidarity with Cuba Amid Energy Crisis During their meeting, both senior officials confirmed that their countries seek to increase trade […]
October 19, 2024
Kenya: +300 Delegates Convene for Borderless Trade Discussion
Gyang Demitta Chinwude, head of customs administration, cooperation, trade facilitation, and transit at the African Continental Free Trade Area, said that Africa stands at the crossroads of great opportunities. More than 300 delegates drawn from Africa’s tax revenue institutions, United Nations agencies, and Africa’s regional economic blocs are meeting in Nairobi, the capital of Kenya, […]
October 8, 2024
Kamala Harris To Control Fiscal Deficit by Taxing High-Income Groups
She sidestepped delving deeper into the immigration issue, limiting herself to stating that it’s a long-standing problem. On Monday, U.S. Vice President and Democratic presidential candidate Kamala Harris advocated for Americans’ right to gun ownership. RELATED: Kamala Harris Crushes Trump in a Debate Focused on Contentious Issues “I have a Glock, and I’ve had it […]
October 8, 2024
President Nicolas Maduro Meets with Authorities from REPSOL
The South American nation is advancing its energy cooperation plans and alliances with companies that, like Repsol, invest in the world’s first oil reserve. Venezuela’s president, Nicolás Maduro Moros, met on Monday with authorities from the energy company Repsol to advance cooperation and the signing of future agreements. RELATED:“We Do Have Reason to Celebrate”: Vice-President […]
September 23, 2024
U.S. FED Cuts Rates by 50 Basis Points Amid Weakening Job Market
Since March 2022, the Federal Reserve had raised rates 11 times consecutively to combat inflation. Amid cooling inflation and a weakening labor market, the U.S. Federal Reserve on Wednesday cut interest rates by 50 basis points, a bolder move than many experts and media had previously anticipated. RELATED: Relatives of Victims of the U.S. Invasion […]
September 19, 2024
Venezuelan Production Minister Tellechea Bets on the Glass and Auto Assembly Industries
On Tuesday, Industries and Production Minister Pedro Rafael Tellechea worked a fruitful day in the state of Carabobo, visiting the glass factory of Venezolana del Vidrio (Venvidrio) and the Venezuelan Industrial Consortium of Technology China (Civetchi), to learn about the productive capacity of both companies, from the vision and experience of their workers. RELATED:Venezuelan National […]
September 18, 2024
Venezuela Prepares an Economic Re-Boost for the Country
The executive vice president of Venezuela, Delcy Rodríguez, convened a ministerial meeting with a view to deepening the country’s productive development. To encourage production in Venezuela and ensure that people have the assurance of resources necessary to sustain life, the Executive Vice President of Venezuela, Delcy Rodríguez, held a working meeting with the ministers who […]
September 16, 2024
US Blockade Causes Cuba Losses of $5 Billion Per Year
The damage caused to the Cuban people by Washington’s foreign policy amount to about US$14 million per day. On Wednesday, Cuban Foreign Affairs Minister Bruno Rodriguez published a report showing that the U.S. blockade caused his country damages of over US$5 billion between March 2023 and February 2024. RELATED: Washington Must Remove Cuba From List […]
September 12, 2024
Russia to Boost Purchases of Foreign Currency and Gold
President Putin said that the Russian economy will grow by at least 3.6 percent this year. On Wednesday, the Russian Finance Ministry said that it will boost its purchases of foreign currency and gold by seven times as of Sept. 6. RELATED: Russia Liberates Zavitne as It Advances Towards Pokrovsk Authorities will allocate about US$1.98 […]
September 5, 2024
Venezuelan Economy To Grow by 10 Percent in 2024: President Maduro
Transnational forces and the U.S.-backed far-right opposition want to make life impossible for Venezuela, he warned. On Monday, Venezuelan President Nicolas Maduro said that his country’s Gross Domestic Product (GDP) could grow at a rate exceeding 10 percent by the end of 2024. RELATED: The Coup Attempt in Honduras Also Targets CELAC: President Maduro The […]