The Daily Journal.- Venezuela’s Vice President for Economic Affairs, Calixto Ortega, presented the country’s economic roadmap on Wednesday during a discussion in Bangkok on the sidelines of the International Monetary Fund (IMF) and World Bank annual meetings. The plan focuses on the oil and mining extractive industries. Ortega, a former president of the Central Bank […]
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The Daily Journal.- U.S. investment firm Heeney Capital secured rights to develop and operate the Chocó mine in El Callao, Bolívar state, and export its gold under a 30-year agreement with the Venezuelan government and the Venezuelan Mining Corporation (CVM). The project calls for an initial investment of up to $1 billion. Venezuela’s Minister of […]
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The Daily Journal.- The Guayana Grassroots Workers’ Social Movement denounced alleged labor irregularities at Siderúrgica del Orinoco “Alfredo Maneiro” (Sidor) on Thursday and warned about deteriorating services for workers and their families. In a statement dated September 10, the organization accused company management of pursuing an alleged policy of “precarious employment conditions” and demanded answers […]
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The Daily Journal.— Labor representatives from Siderúrgica del Orinoco (Sidor) and various productive sectors in eastern Venezuela met in Caracas to consolidate a space for dialogue and present proposals aimed at improving workers’ socioeconomic conditions. The meeting brought together delegates from Bolívar, Anzoátegui, and Monagas states representing 25 industrial sectors. Among the priorities outlined in […]
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The Daily Journal.- Acting President Delcy Rodríguez said Monday that the gap between Venezuela’s official exchange rate and the parallel market rate fell from nearly 30% to 12.3% over the past two months as a result of the government’s policies. “We are also reducing the exchange rate gap. Over these two months, we have brought […]
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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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“With these starvation pensions, we don’t even know how we’re supposed to eat,” stressed the vice president of the National Union of Retired Workers of the Venezuelan Social Security Institute (IVSS). By Vanessa Davies Carlos Julio Rivera, vice president of the National Union of Retired Workers of the Venezuelan Social Security Institute (IVSS), says he […]
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The Daily Journal — Venezuelan human rights organization Provea demanded detailed information from Venezuelan state authorities regarding the military operation in the south of the country, which the United States and the government of Delcy Rodríguez reportedly coordinated and which allegedly resulted in the death of Héctor Rusthenford Guerrero, known as “Niño Guerrero,” whom authorities […]
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The Daily Journal — The Venezuelan government confirmed on Friday that Héctor Rusthenford Guerrero Flores, known as “Niño Guerrero” and leader of the Tren de Aragua criminal organization, died during a security operation in southeastern Bolívar state. Venezuelan security forces and U.S. agencies carried out the armed operation jointly. The Ministry of Popular Power for […]
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