The Daily Journal.- Oxford Economics cut its 2026 growth forecast for Venezuela by two percentage points to 6.3% after factoring in the impact of the June 24 earthquakes, Bloomberg reported. The firm also made a more modest adjustment to its 2027 forecast. It now expects the economy to grow 15.5%, one-tenth of a percentage point […]
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The Daily Journal.— The United Nations Development Program (UNDP) projects that Venezuela’s Gross Domestic Product (GDP) will grow by approximately 6.5% by the end of 2026, supported by stronger oil activity and greater access to private capital, even as the country faces estimated inflation of 385%. The multilateral organization presented the estimate in its Venezuela […]
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The Daily Journal.- The two earthquakes that struck on June 24 caused an estimated $6.7 billion in direct damage, according to the United Nations Development Program (UNDP), which warns that the main economic indicators do not fully capture the scale of the losses to assets and property. The estimate appears in the report Venezuela’s Macroeconomic […]
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The Daily Journal – The death toll continues to rise following the powerful 7.4-magnitude earthquake that struck Colombia on Monday. While the National Unit for Disaster Risk Management (UNGRD) has yet to issue a unified official report, departmental governments have released partial figures that now put the confirmed death toll above 230 across at least […]
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The Daily Journal.- The Venezuelan government reached an agreement with the State of Israel to activate a coordination mechanism to provide consular services in both countries. The decision follows a visit by an Israeli technical delegation that assisted in the Caribbean nation after the earthquakes that struck on June 24, according to a statement from […]
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The Daily Journal.- The Peruvian government appointed diplomat Alicia María Espinoza Paredes as consul general in Caracas. The move forms part of a plan to restore bilateral relations between the two countries gradually. President Keiko Fujimori and Foreign Minister Carlos Espá signed a supreme resolution formalizing the appointment on Tuesday. In contrast, a future resolution […]
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The Daily Journal.- Oil prices rose on Tuesday as negotiations between Iran and the United States to reopen the Strait of Hormuz remained stalled, fueling uncertainty over potential supply shortages in the Middle East. In that context, Brent crude, the benchmark for European markets, reached $90.03 per barrel, climbing 2.6% to its highest level since […]
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The Daily Journal – The Venezuelan non-governmental organization Committee for the Freedom of Political Prisoners (CLIPPVE) has called for the “immediate release on humanitarian grounds” of 19 Colombian citizens who, according to the group, remain in detention in Venezuela for political reasons. The request follows the 7.4-magnitude earthquake that struck Colombia on Monday and has […]
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The Daily Journal.- Florida oil tycoon Harry Sargeant III agreed to sell his stake in a Venezuelan oil producer after the Trump administration exerted strong pressure on him to abandon his business interests in the country. According to Bloomberg, the parties signed the deal just hours before the U.S. Treasury Department announced measures against Sargeant’s […]
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Óscar Reyes Matute There are phenomena in popular culture that need no permission to become etched in our memory. When we were kids, we eagerly awaited Carnival not just to play with water, but to dress up as Spider-Man. Those were the days when comic books came to us straight from Mexico thanks to the […]
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