Economy - Guacamaya

Latin America Breaks Records in Egg Production and Consumption: Brazil Leads and Venezuela Rises in Rankings

Luis Alejandro Ruiz2 hours ago2 hours ago04 mins

In 2024, the Latin American poultry industry reached historic figures in both egg production and consumption, solidifying the region as one of the most dynamic in the world. Brazil reaffirmed its leadership with over 57 billion units, while Venezuela climbed to seventh place, surpassing countries like the Dominican Republic and Ecuador. Additionally, for the first time, Latin Americans consumed more eggs per capita than the global average, according to the *2024 LATAM Productive Data* report by the Latin American Egg Institute (ILH).

Chinese Company Signs Letter of Intent for La Guaira Special Economic Zone

Elias Ferrer2 days ago2 days ago03 mins

Chinese company Shenzhen Mood LED Technology Co. signed a letter of intent with the government of La Guaira to establish a production plant in the state’s Special Economic Zone.

What does the OPEC’s annual outlook report, World Oil Outlook 2025, say, and what are its implications for Venezuela?

Luis Alejandro Ruiz3 days ago3 days ago06 mins

The oil cartel predicts that the world will need nearly 123 million barrels per day in 25 years, driven by developing economies, despite the rise of electric vehicles and renewable energy.

China announces interest and readiness to modernize Venezuela’s power system

Luis Alejandro Ruiz4 days ago4 days ago013 mins

Amid a renewed rapprochement driven by the impact of U.S. sanctions, China and Venezuela are advancing their strategic partnership with the signing of new agreements, the delivery of heavy equipment, the modernization of the power grid, support for vulnerable groups, and further investments in key sectors such as hydrocarbons, agriculture, industry, and public services. Beijing has also expressed interest in Venezuela’s Special Economic Zones, aligning its presence in the Caribbean with the Belt and Road Initiative.

Materials for Venezuela’s First Fiber Optic Plant With Iranian Technology Arrive

Sleither Fernández4 days ago4 days ago04 mins

The new plant, named Venefibra, represents an effort in the pursuit of technological sovereignty and economic diversification. Photograph: Radio Miraflores….

Venezuela Added to European List of High-Risk Countries for Money Laundering and Terrorist Financing

Luis Alejandro Ruiz5 days ago8 hours ago04 mins

On Wednesday, the European Parliament greenlit the inclusion of Venezuela in the list of jurisdictions with “high risk” for money laundering and terrorist financing—a designation that requires banks and other financial entities in the European Union to apply enhanced scrutiny on transactions from the Caribbean country. The decision confirms the updated proposal presented by the European Commission on June 10, after technical consultations with the assessed states and a review of commitments made by others

Colombia Intensifies Efforts to Acquire Monómeros With Minister’s Visit to Caracas

Sleither Fernández6 days ago6 days ago05 mins

Monómeros is seen by the Colombian Government as a fundamental pillar for agricultural development, food price stability, and regional integration….

Vice President Delcy Rodríguez arrived in Vienna for the OPEC International Seminar

Luis Alejandro Ruiz6 days ago8 hours ago06 mins

The OPEC International Seminar has established itself as the organization’s premier dialogue forum outside of technical and ministerial meetings. Held periodically in Vienna since 2001, this event brings together energy and oil ministers from member and non-member countries, executives from major oil companies, academics, analysts, and representatives of financial institutions. Its purpose is to discuss trends in the energy market, demand evolution, the energy transition, and the role of fossil fuels in a changing world. This year’s edition, the ninth, takes on special relevance amid geopolitical tensions and growing demands to reduce carbon emissions.