Economy - Guacamaya

Reuters: Venezuela Stabilizes Its Oil Exports in May Thanks to More Shipments to China

Luis Alejandro Ruiz11 months ago11 months ago04 mins

The Jose Blending Plant of PDVSA, located in the José Antonio Anzoátegui Industrial Complex in Barcelona, Anzoátegui, was expanded in…

Venezuela Received the President of the Iranian Parliament to Strengthen Bilateral Ties

Sleither Fernández11 months ago11 months ago05 mins

Mohammad Baqer Ghalibaf, Speaker of the Islamic Consultative Assembly of Iran, upon his arrival this Sunday at Simón Bolívar Maiquetía…

Rate Gap Nears 50% Following Elections and Chevron’s Final License Termination

Sleither Fernández11 months ago11 months ago07 mins

The shortage of official foreign currency has directly impacted prices and the purchasing power of Venezuelans. Photo: Archive Guacamaya, May…

Panama and Venezuela Resume Commercial Flights After Nearly 10 Months of Suspension

Sleither Fernández11 months ago11 months ago04 mins

Arrival area of Simón Bolívar International Airport in Maiquetía, Venezuela’s main air terminal. Photo: Rogerio Tomaz Jr. (Courtesy). Guacamaya, May…

Central Bank of Venezuela: Economy Grew by 9.32% in the First Quarter

Elias Ferrer12 months ago12 months ago02 mins

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.

Maduro Announces Increase in “Comprehensive Minimum Income” Without Adjusting Wages

Elias Ferrer12 months ago12 months ago03 mins

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.