The IMF expects Venezuela’s GDP to grow by 7% in 2027, while average annual inflation will decline to 174%. The Daily Journal.- The International Monetary Fund (IMF) projects that Venezuela’s economy will grow by 5% in 2026 and 7% in 2027. However, the organization expects inflation to reach 467.9% by the end of this year, […]
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The Daily Journal.- Heavy crude and other grades of oil have accumulated across the Americas in recent weeks as historically high maritime freight rates have hindered exports to Asia and Europe. This market paradox has left Asian and European buyers scrambling to secure supplies, with Brent crude prices exceeding $100 per barrel. Consumers in Asia […]
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The French oil company holds a stake in the Urdaneta Oeste field in Lake Maracaibo and continues its well rehabilitation program. Julio A. López, Editor-in-Chief.- French oil company Maurel & Prom (M&P) maintains its presence in Venezuela’s oil sector through its 40% stake in Petroregional del Lago. This joint venture operates the Urdaneta Oeste field […]
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The Daily Journal.- Venezuelan President Delcy Rodríguez participated Monday in the World Food Forum of the Food and Agriculture Organization of the United Nations (FAO) in Rome, where she unveiled the “Venezuela Alimenta Plan” and advocated keeping food security separate from political pressure. During her address, Rodríguez argued that governments should not use food as […]
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Héctor Sánchez On October 12, 1492, Christopher Columbus landed on a Caribbean island, convinced—as official school history textbooks taught us—that he had reached the Indies. He brought glass necklaces and little mirrors, along with, of course, weapons and devastating diseases. In exchange for these trinkets, he seized the gold, the land, and the destiny of […]
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The Colombian businessman faces two federal cases involving alleged bribery and money laundering schemes linked to food, medicine, and housing contracts in Venezuela. The Daily Journal.- U.S. authorities arrested Álvaro Pulido Vargas, a business partner of Alex Saab, who faces two federal indictments for allegedly laundering money from bribery schemes involving more than $2 billion […]
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The Daily Journal.- Unions representing healthcare workers, primary and secondary school teachers, and university staff will march to Miraflores Palace on Tuesday, October 13, to submit approximately 40,000 signatures to the national government. They demand that authorities calculate year-end bonuses based on workers’ total compensation rather than the official base salary, which remains frozen at […]
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The Daily Journal.- Former Colombian President Gustavo Petro arrived at the 30th International Seminar “Political Parties and a New Society,” organized by Mexico’s Labor Party (PT) in Mexico City, to discuss the left, the climate crisis, and the future of energy resources. Instead, he found himself in a confrontation with two lawmakers from Venezuela’s United […]
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The Daily Journal.- South African jurist Navanethem “Navi” Pillay, winner of the 2026 Nobel Peace Prize, joked on Thursday about sharing her award with U.S. President Donald Trump, alluding to the controversial gesture made last year by María Corina Machado. “Thank you very much. If you applaud a little more, I might share this prize […]
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The Daily Journal.- Venezuelan opposition leader Dinorah Figuera reiterated on Friday that the country must reform its public institutions before holding elections, following a meeting with U.S. Secretary of State Marco Rubio in Washington. “We are committed to rebuilding public institutions, including the Supreme Court of Justice and the National Electoral Council, guiding the country […]
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