The Daily Journal.- A group of representatives from the World Bank will visit Caracas to meet with Venezuelan authorities, marking the first in-person meeting of this kind since formal relations were restored last month, according to a Bloomberg report. Venezuela has been a member of the financial institution since 1946, although the last loan granted […]
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The Daily Journal.- The U.S. chargé d’affaires in Venezuela, John Barrett, reported that he held a meeting with Rolando Alcalá, the Minister of Electric Power of the interim authorities, to discuss plans aimed at rebuilding Venezuela’s electrical grid. In a message posted on social media, Barrett stated that the meeting is part of a “three-phase […]
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The Daily Journal.- This Wednesday, during the presentation of the Industrial Economic Survey (ECI-I26), the Venezuelan Confederation of Industrialists (Conindustria) revealed that private manufacturing has managed to increase its operational capacity and improve employee compensation. However, the business association warned that the lack of widespread bank credit and deficiencies in the national electricity supply act […]
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The Daily Journal.- Venezuela’s private manufacturing industry recorded a year-over-year growth of 9.9% in production volume during the first quarter of 2026, according to the results of the latest Industrial Economic Survey (ECI-I26) released by the Venezuelan Confederation of Industrialists (Conindustria). Conindustria president Tito López highlighted that this progress is the result of the sector’s […]
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The Daily Journal. – International financial markets registered a rebound in the valuation of Venezuelan assets this Wednesday after the government of interim president Delcy Rodríguez officially announced its intention to begin a process of renegotiating the country’s external debt. According to a Bloomberg report, sovereign bonds, which have remained in default territory since 2017, experienced […]
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The Daily Journal.- The Venezuelan government announced this Wednesday the formal launch of a comprehensive restructuring process for the Republic’s external public debt and that of Petróleos de Venezuela (PDVSA), in a move authorities described as the beginning of a new phase aimed at restoring the country’s financial and productive capacity. The announcement was made […]
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The Daily Journal. – Trade between the United States and Venezuela recorded a 22.7% increase during the first quarter of 2026 compared to the same period the previous year, according to a report by AFP based on data from the Venezuelan-American Chamber of Commerce and Industry (VenAmCham). This rebound is mainly attributed to the flow of […]
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The Daily Journal.- Merey 16 crude, the main benchmark for Venezuelan oil, reached an average price of $90.47 per barrel, marking a historic milestone by surpassing the $90 barrier for the first time in more than ten years. According to a report by the Venezuelan News Agency (AVN), based on the latest monthly report from […]
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The Daily Journal.- The recognition by the multilateral institution opens doors for Venezuela to emerge from its economic crisis, but it also leaves many questions unanswered. José Gregorio Yépez Mentioning the International Monetary Fund (IMF) frightens some people, while others see it as an opportunity. For younger generations, it is probably something new, unfamiliar — […]
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The Daily Journal. – Anitza Freitez, coordinator of the National Survey of Living Conditions (ENCOVI) and director of the Institute for Economic and Social Research at the Andrés Bello Catholic University (IIES-UCAB), presented the results of the 2025 survey this Thursday. During her presentation, the researcher highlighted a sustained downward trend in monetary poverty since […]
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