The Central Bank of Venezuela (BCV) reported on Thursday that the Venezuelan economy grew by 9.32% in the first quarter of 2025. However, this figure drastically differs from estimates by multilateral or non-governmental organizations, which predict a recession this year.
Venezuelan President Nicolás Maduro announced on Wednesday an increase in the “Ingreso Mínimo Integral” or “Comprehensive Minimum Income” (IMI) from 130 to 160 U.S. dollars—according to the official exchange rate—on the occasion of Labor Day.
Workers, retirees, and the labor movement will not take to the streets this Labor Day, warning of the risk of…
The Executive Vice President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, was received at the Great Hall of the…
Luis Vicente León is an economist and professor at the Andrés Bello Catholic University, as well as the president of…
The New York Stock Exchange, the world’s largest by market capitalization. Photo: Carol M. Highsmith. Guacamaya, April 7, 2025. The…
Legal teams from Venezuela’s Executive Vice Presidency and the Ministries of Foreign Affairs, Hydrocarbons, and Foreign Trade are considering filing a complaint against the United States at the World Trade Organization (WTO). The move comes in response to the imposition of a 25% tariff on goods from any country that exports to the U.S. while also purchasing Venezuelan oil—a measure ordered by President Donald Trump.
President Donald Trump proclaimed a historic shift in U.S. trade policy on Wednesday by signing an executive order imposing “reciprocal” tariffs on countries with which the U.S. runs trade deficits, including key partners like Mexico, Canada, and the European Union.
On February 15, Brazil resumed importing electricity from Venezuela to supply the northern state of Roraima, according to Reuters.
