The Daily Journal.- Venezuela’s Vice President for Economic Affairs, Calixto Ortega, presented the country’s economic roadmap on Wednesday during a discussion in Bangkok on the sidelines of the International Monetary Fund (IMF) and World Bank annual meetings. The plan focuses on the oil and mining extractive industries. Ortega, a former president of the Central Bank […]
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The Daily Journal.- Former Caracas Mayor Juan Barreto proposed redirecting part of Venezuela’s military spending, which he claims remains beyond public scrutiny, toward funding teachers’ salaries, retirees’ benefits, and educational programs. During his program No es Podcast Cosa, Barreto questioned the growth of what he described as “opaque” military spending and suggested allocating those resources […]
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The Daily Journal. — Venezuela’s acting president, Delcy Rodríguez, returned to the country on Thursday after participating in the 81st United Nations General Assembly in New York. “We arrived from New York a few hours ago after participating in the United Nations General Assembly. Our delegation is happy to have accomplished its mission,” Rodríguez said […]
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Kristalina Georgieva confirmed the decision after meeting with Delcy Rodríguez in New York The Daily Journal.- International Monetary Fund (IMF) Managing Director Kristalina Georgieva confirmed Monday that the organization will open an office in Venezuela during the first half of 2027, establishing a permanent presence in the country. Georgieva announced to Bloomberg News after meeting […]
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The Daily Journal.— Venezuelan President Delcy Rodríguez held a bilateral meeting on Monday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the 81st United Nations General Assembly in New York. The meeting took place in a cordial diplomatic atmosphere. It primarily aimed to resume discussions that the two leaders initiated […]
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The Daily Journal.- Venezuela will need an estimated US$21 billion to recover from the earthquakes that struck the country on June 24, according to the Post-Disaster Needs Assessment (PDNA) that the United Nations Development Program (UNDP) presented Tuesday in Caracas. The amount covers “measures to build back better, ensure resilience and reduce risk conditions,” UNDP […]
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By Dr. Juan Barreto, Director of The Daily Journal for Venezuela and Latin America Many are talking—or choosing not to talk—about Venezuela’s external debt. International agencies such as Reuters, Bloomberg, and several British financial publications place the country’s debt at an astronomical $240 billion, while other voices in the economic community, such as Miguel Rodríguez, […]
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EFE. — Chilean nonprofit TECHO, which operates in 18 Latin American countries, plans to build at least 200 homes for people affected by Venezuela’s June 24 earthquakes, the organization’s Global Executive Director, Juan José Ayarza, announced on Thursday. The organization has set an initial goal of 200 homes, although it hopes to increase that number. […]
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The Daily Journal. — Caleb Orr, the U.S. Assistant Secretary of State for Economic, Energy, and Business Affairs, met with Acting President Delcy Rodríguez in Caracas on Wednesday. Two weeks earlier, members of the U.S. Congress questioned Orr about the management of revenue generated from the sale of Venezuelan oil. Caracas announced that Rodríguez held […]
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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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