Tag: Growth
German Economy Dragged by Weak Growth, Rising Layoffs, Bankruptcies
According to the latest World Economic Outlook report, Germany’s economy is projected to grow by 0.2 percent in 2024. On Thursday, the Federal Statistical Office reported a 0.1 percent decline in the gross domestic product (GDP) for the second quarter, which marked a persisting economic stagnation amid high inflation, elevated interest rates, and weak export […]
August 2, 2024
China: Institutional Reforms to Underpin Development of New Quality Productive Forces
The Communist Party will implement policies to support innovation in traditional and emerging industries. China has proposed institutional reforms to foster new quality productive forces in a newly released resolution that experts say will give a forceful boost to innovation. RELATED: China-Russia Joint Maritime Exercise Concludes Last week, in the resolution adopted at the third […]
July 23, 2024
International Tourism to Venezuela Triples in the First Half of 2024
Authorities recorded 1,097,595 international arrivals, which represents an increase of 202 percent compared to 2023. On Tuesday, the Venezuelan Tourism Ministry published a report showing that international arrivals to this South American country tripled in the first half of the year compared to the same period in 2023. RELATED: President Maduro Affirms That Venezuela Is […]
July 16, 2024
The Key to Growth is Credit Democratization: President Maduro
During a meeting with businessmen, he confirmed that the new economic model will continues to enhance domestic production. On Saturday, Venezuelan President Nicolas Maduro had a meeting with businesswomen and businessmen as part of the National Productive Economy Council, which took place at the Bolivar Square Convention Center in La Carlota. RELATED: President Maduro: In […]
July 15, 2024
The Venezuelan Economy To Grow Over 8 Percent in 2024: President Maduro
The country’s economic diversification takes place despite the existence of 930 U.S. sanctions. On Wednesday, Venezuelan President Nicolas Maduro held a meeting with the National Council of Productive Economy in the state of Apure, where he highlighted the growth and diversification of the national economy despite the existence of 930 imperialist sanctions. RELATED: Russia Has […]
June 13, 2024
Venezuelan Inflation Reaches the Lowest Level Since 2012
On Saturday, President Maduro stated that the Venezuelan economy has been growing year after year and slowing inflation. On Friday, the Venezuelan Central Bank (BCV) published a report showing that accumulated inflation between January and May reached 7.8 percent, the lowest figure for that period in the last 12 years. RELATED: Venezuelan Social Housing Program […]
June 7, 2024
President Maduro Inaugurates Works in the Delta Amacuro State
On Tuesday, Venezuelan President Nicolas Maduro inaugurated several projects in the state of Delta Amacuro, where he reiterated that the Bolivarian Revolution will not surrender. RELATED: Venezuela Cancels the Invitation to EU Observation Mission One of the inaugurated projects was the National Experimental University of the Armed Forces (UNEFA) in the municipality of Tucupita. This […]
May 29, 2024
Tourism to Venezuela Grew by 220 Percent
On Tuesday, Tourism Minister Ali Padron announced that the number of international visits to Venezuela increased by 220 percent in the first four months of 2024 compared to 2023. RELATED: Poll Shows the Great Support of the Venezuelan People to Nicolás Maduro This growth is the result of greater air and land connectivity with neighboring […]
May 22, 2024
Sanctions Seek to Thwart an Alternative Model: President Maduro
On Monday, Venezuelan President Nicolas Maduro asserted that the U.S. unilateral coercive measures imposed against his nation aim to hinder the construction of an economic model alternative to neoliberalism and capitalism. RELATED: UN Charter Defense Group Rejects Unilateral Arbitrary Sanctions “We are building a new economic-social formation… We have suffered a relentless and brutal attack. What are its goals? […]
May 14, 2024
Venezuelan Growth in Q1 2024 Exceeds IMF Projection
On Wednesday, Venezuelan Vice President Delcy Rodriguez confirmed that her country’s Gross Domestic Product (GDP) growth during the first four months of 2024 exceeded the forecasts of the International Monetary Fund (IMF). RELATED: USAID Carries Out Covert Operations Against Venezuela: Gil During the 7th edition of the Retail Radiography 2024 event, she stated that the […]