The Daily Journal.- Political leader Enrique Márquez returned to the public spotlight on Thursday to defend the “stabilization, recovery and transition” roadmap that the United States has promoted for Venezuela. The former political prisoner acknowledged that Washington is overseeing the process and rejected criticism from those who consider the timetable “too slow.” During the presentation […]
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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.- 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 – Nearly two months after the two major earthquakes that devastated parts of the country on June 24, the Venezuelan Confederation of Industrialists (Conindustria), the Venezuelan Chamber of Construction (CVC) and the United Nations Development Programme (UNDP) held a high-level meeting to define the operational and strategic phases of Venezuela’s Reconstruction Plan, […]
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The Daily Journal – The U.S. Embassy released an official statement on Thursday welcoming the arrival in Caracas of the 2015 Venezuelan National Assembly delegation, led by Dinorah Figuera, to begin direct, in-person talks with Venezuela’s interim government. Through the diplomatic mission, the U.S. administration described the meeting as a strategic opportunity to advance the […]
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The Daily Journal — The Government of Venezuela and the United Nations (UN) launched a joint 60-day initiative on Wednesday to assess the damage and recovery needs caused by the twin earthquakes that struck on June 24. The disaster claimed thousands of lives, displaced thousands of people, and caused extensive material damage. The initiative, called […]
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EFE — The U.S. Department of the Treasury announced on Monday a temporary easing of certain financial oversight measures to allow U.S. institutions to facilitate authorized transactions related to Venezuela’s economic recovery and humanitarian assistance following the country’s recent earthquakes. Under the measure, the Treasury said the Financial Crimes Enforcement Network (FinCEN) will not take […]
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The Daily Journal — Acting President Delcy Rodríguez announced on Friday that Venezuela has secured an initial $346 million from its own funds held at the International Monetary Fund (IMF) following the emergency caused by the twin 7.2 and 7.5 magnitude earthquakes that struck the country’s northern region on June 24. “Following the devastating twin […]
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The Daily Journal. — Maritime commercial activity in La Guaira is approaching a full restart after the structural damage that the June earthquakes caused. Eduardo Quintana, coordinator of Fedecámaras La Guaira, said reconstruction work at the Central Coast’s main port has made significant progress in critical loading and unloading areas. During an interview on the […]
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The Daily Journal. — Three weeks after the earthquakes that struck north-central Venezuela, the Venezuelan Banking Association (Asobanca) announced financial relief measures for businesses in La Guaira state. The banking association reported that about 40% of the 12,300 point-of-sale terminals operated by private banks in the state are currently processing commercial transactions. According to Asobanca, […]
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