Economy

Fevearroz: Producers face crisis due to low prices and difficulties placing harvests

The Venezuelan Rice Federation (Fevearroz) warned that producers in Guárico are going through a crisis caused by two factors: the low prices at which they must sell and the lack of silo capacity to receive harvests. The president of the guild, José Luis Pérez, warned that this represents a critical scenario that jeopardizes profitability in the sector. He explained that companies that financed the cereal's production are only receiving the rice equivalent to the loan amount and that due to lack of space in their silos, they refuse to receive the surplus.

Fedecamaras: A salary income that "has the dignity that workers require" must be achieved

For the first vice president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecamaras), Tiziana Polesel, the adjustment in the integral minimum income announced a few days ago by the national Executive is "a step". Banca y Negocios In this sense, she considered that "there is still much to be done" and that to improve workers' income, economic growth of the country is required. In this regard, she asserted that the national economy is not yet reporting growth as it is in a recovery phase.

Eni resumed receiving Venezuelan oil in April as payment in kind for gas

Italian energy company Eni resumed receiving Venezuelan crude oil in April as payment in kind for gas produced in the country, the company reported this Monday, adding that this mechanism will allow it to recover long-standing debts with Caracas. Reuters The payments stem from an agreement signed in March between Venezuelan state oil company PDVSA and Cardón IV, a 50-50 joint venture between Eni and Spain's Repsol, which produces gas from the Perla field.

Wall Street Closes in the Red as Crude Oil Prices Skyrocket Due to the War in Iran

Wall Street closed in the red this Monday, with its main indicator, the Dow Jones Industrial Average, falling 1.13% as oil prices soared due to the war in Iran and the situation in the Strait of Hormuz. At the end of the session on the New York Stock Exchange, the Dow Jones stood at 48,941 points; the selective S&P 500 retreated 0.41% to 7,200 points, and the Nasdaq lost 0.19% to 25,067 units.

Copa Airlines Resumes Operations in Barquisimeto with Three Weekly Flights

Copa Airlines has resumed its operations in Barquisimeto. With this addition, the airline now operates from four cities in the country this month, along with Caracas, Maracaibo, and Valencia, leaving only one destination to complete the full restoration of its operation in Venezuela. This reactivation will allow passengers from the center-west of the country to connect through Panama, with more than 85 destinations in 32 countries in North America, Central America, the Caribbean, and South America, including more than 15 cities in the United States, 5 cities in Mexico, and more than 20 destinations in the Caribbean.

Colombia enters the open finance model, in which data will be shared and trust must be generated

Open finance model, with high fintech participation. Photo: Courtesy

Latam activates plan for passengers affected by Spirit Airlines closure: how relocation works

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Finance Secretariat Reinforces Digital Strategy to Increase Vehicle Tax Collection in 2026

Portafolio Journalist 05.04.2026 09:25 Updated: 05.04.2026 10:37

Bogotá starts May with over 5,000 job vacancies and reinforces strategy to boost formal employment in the city

New jobs for Bogotá. More than 5,000 vacancies available. Photo: Courtesy: Secretariat of Economic Development.

The Silence of the Accordions

Director of Portafolio 05/03/2026 18:52 Updated: 05/03/2026 18:52

Avianca will strengthen its network in the United States with more flights and new frequencies

Avianca planes parked at El Dorado airport. Photo: AFP

With a greater focus on the female segment, this is the multimillion-dollar investment Arturo Calle will make this year

Esteban González Duque, general manager of Arturo Calle. Photo: Courtesy