Gender parity will take 120 years as artificial intelligence replicates the gap, World Economic Forum warns

The Daily Journal.— At the current pace, the world will need another 120 years to achieve full equality between men and women after a year of marginal progress. At the same time, the artificial intelligence (AI) industry continues to reproduce and deepen existing employment and wage disparities, the World Economic Forum (WEF) warned Wednesday in […]

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Reopening La Guaira’s beaches: the Chamber of Commerce’s plea

Vanessa Davies The June 24 earthquakes were followed by the closure of La Guaira’s beaches. The state’s governor, José Alejandro Terán, explained that conditions did not allow recreational activities to resume while rescue workers continued searching for victims and heavy machinery worked around damaged buildings. But there is another side to the story: beach workers […]

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Delcy Rodríguez estimates 200 direct jobs for each activated oil rig

The Daily Journal.— Activating each oil rig in Venezuela will create around 200 direct jobs, according to data from Petróleos de Venezuela (PDVSA) cited by Acting President Delcy Rodríguez. “Each rig activates 200 jobs, 200 workers,” Rodríguez said during the inauguration of a boulevard in Puerto La Cruz, Anzoátegui state. Rodríguez said job creation will […]

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GE Vernova plans to create more than 1,000 local jobs to restore oil industry power grid

The Daily Journal.— General Electric (GE) Vernova plans to create more than 1,000 local jobs as part of a strategic partnership signed Wednesday to restore and stabilize electrical infrastructure supporting Venezuela’s oil industry, a senior executive from the U.S. company announced during a ceremony at Miraflores Palace. GE Vernova Venezuela President Carlos Mousadi and Petróleos […]

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Only 25% of businesses in La Guaira remain standing after the earthquakes

The Daily Journal — The recent earthquakes dealt a devastating blow to the productive sector in La Guaira. Of the 7,000 businesses that operated across the state before the disaster, only 1,752 establishments—or 25%—remain standing, according to preliminary results from the first phase of the commercial census presented by Governor José Alejandro Terán. During a […]

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Hotel industry collapse drags down tourism service providers in La Guaira

The Daily Journal. — The destruction and shutdown of hotel infrastructure along Venezuela’s Central Coast following the twin earthquakes measuring 7.2 and 7.5 have begun to trigger a chain reaction across the region’s economy. Twenty days after the disaster, the loss of lodging capacity now threatens the survival of thousands of self-employed workers and small […]

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Fedecámaras highlights the importance of the rapid reintegration of earthquake victims

The Daily Journal. — Fedecámaras President Felipe Capozzolo stressed the importance of strengthening the production chains of the construction, apparel, and textile sectors to accelerate the rapid reintegration of everyone affected by the twin earthquakes that struck Venezuela on June 24. Capozzolo emphasized the need to guarantee housing and employment so people affected by the […]

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