Outfitting a child for the return to school can require an initial investment of between US$40 and US$60 The Daily Journal.- As the new school year approaches, Venezuelan families face one of the most significant back-to-school expenses: school uniforms. Between polo shirts, pants, and shoes, outfitting a student can take a considerable bite out of […]
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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.— Venezuela’s Gross Domestic Product (GDP) grew 7.14% in the second quarter of 2026 compared with the same period a year earlier, the Central Bank of Venezuela (BCV) reported. The country has now recorded 21 consecutive quarters of economic growth. According to the central bank, the result further consolidates the recovery of the […]
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The Daily Journal. — The Central Bank of Venezuela (BCV) held a high-level meeting with representatives of Numisma Bank. This U.S. financial institution specializes exclusively in wholesale banknote services and explored strategic partnerships to optimize the country’s financial operations. According to an institutional statement from the BCV, both delegations discussed an agenda to ensure smooth […]
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The Daily Journal.- Inflation in Venezuela accelerated for the second consecutive month, reaching 19.9% in July, up from 13.8% in June, according to the National Consumer Price Index (INPC) published by the Central Bank of Venezuela (BCV). The figure marks the highest monthly level since January and confirms a shift in trend after four consecutive […]
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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 — Acting President Delcy Rodríguez announced that Venezuela’s oil sector expanded by more than 9% during the second quarter of the year. She added that the industry also posted year-over-year growth exceeding 10% compared with the same period in 2025. “The hydrocarbons sector remains active and continues to recover. During this second […]
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