Between 2012 and 2020, Venezuela’s economy contracted by 71 percent as the U.S. crippled its oil industry. Citing information revealed by The Washington Post, the newspaper El Universal pointed out that U.S. government officials warned Donald Trump during his first administration that sanctions against Venezuela could accelerate the exodus of millions of migrants to neighboring […]

As part of its plan to diversify external markets, Venezuela has also exported products to South Korea, Aruba and Curaçao. On Thursday, Venezuela’s Minister of Fisheries and Aquaculture, Juan Carlos Loyo, confirmed that the country exported more than 100 tons of seafood products, including lobster, black scabbardfish, and cannonball jellyfish, to China and the United […]

Russia has the largest European economy and the fourth largest in the world by purchasing power parity. On Thursday, President Vladimir Putin stated that the Russian economy is stable and predicted that the Gross Domestic Product (GDP) would grow by 3.9% or even 4% this year. RELATED: Russia is Getting Closer to Achieving Its Goals […]

It’s still uncertain how Donald Trump’s additional tariffs would impact inflation, Powell said. On Wednesday, the U.S. Federal Reserve cut interest rates a quarter point in a widely-anticipated move. However, the central bank indicated there would be fewer cuts next year, as it braces for uncertainty stemming from the incoming Donald Trump administration’s policies. RELATED: […]

The budget project comes amid favorable expectations for the Venezuelan economy On Tuesday, Venezuelan Vice President Delcy Rodriguez presented the 2025 Economic and Financial Budget Bill to the National Assembly (AN). The proposed budget amounts to $22.6 billion, with 77.7% of this total allocated to social investment. RELATED: Venezuela and Equatorial Guinea Discuss Strategic Agreements […]

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 […]

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, […]

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 […]

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 […]

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 […]