Venezuela Announces External Debt Restructuring Process

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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Venezuelan Oil Breaks the $90 Barrier for the First Time in a Decade

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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 What Can Venezuela Do with the International Monetary Fund?

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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ENCOVI 2025: Monetary Poverty in Venezuela Falls to 68%, but Failures in Public ServicesStall Multidimensional Well-Being

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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