Manufacturing sector loses 44% of working hours due to power outages

The Daily Journal.- Power outages became the second-largest constraint on domestic production during the second quarter of 2026, according to an assessment of the manufacturing sector’s performance presented by the Venezuelan Confederation of Industrialists (Conindustria). Between April and June, companies reported an average of 214 hours without electricity out of a total of 488 working […]

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Private industrial sector grew 8.1% in the first half of 2026

The Daily Journal.- Venezuela’s private industrial sector recorded 8.1% year-over-year growth in production volume during the first half of 2026, driven by gains of 9.9% in the first quarter and 6.5% in the second quarter, the Venezuelan Confederation of Industrialists (Conindustria) reported as it presented its Industrial Economic Survey for the second quarter of 2026 […]

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Dialogue talks agree to pursue recovery of Venezuelan assets at Bank of England

The Daily Journal. — The administration of Delcy Rodríguez and the National Assembly elected in 2015 agreed to focus their efforts on recovering Venezuela’s international reserve assets held at the Bank of England, as part of the agreements reached during the first round of talks between the two sides. The commitment forms part of the […]

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UNDP: Venezuela’s economy to grow 6.5% in 2026, with inflation near 385%

The Daily Journal.— The United Nations Development Program (UNDP) projects that Venezuela’s Gross Domestic Product (GDP) will grow by approximately 6.5% by the end of 2026, supported by stronger oil activity and greater access to private capital, even as the country faces estimated inflation of 385%. The multilateral organization presented the estimate in its Venezuela […]

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U.S. technical team conducts assessment of Guri Dam

The Daily Journal – Technicians from the U.S. Department of Energy and the Pacific Northwest National Laboratory (PNNL) assessed the Guri Dam, Venezuela’s main source of electricity generation, which supplies more than 60% of the country’s power. The assessment falls under the U.S. Department of State’s Power Sector Program. It represents part of the three-phase […]

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Brazilian business delegation in Venezuela strengthens bilateral economic and trade integration

The Daily Journal — The Brazilian Embassy in Caracas held a successful meeting with business associations and private-sector representatives to boost economic ties between the two countries. Venezuelan participants had the opportunity to exchange ideas with the Brazilian Multisector Business Mission and to identify new strategic investment and cooperation opportunities. The delegation received support from […]

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