Economy

Returned migrants from the US boost the construction sector in Guatemala

Guatemalan migrants deported from the United States are finding new job opportunities in sectors such as construction, thanks to programs that leverage technical skills acquired abroad.

Where can I read about the economic situation in Venezuela?

There are several media outlets in Venezuela that offer information about the economy for people inside and outside the country to stay informed.

Delcy Rodríguez announced a "responsible" salary increase for May 1st

Delcy Rodríguez announced a "responsible" salary increase for May 1st

2027 Budget Nears $600 Trillion: 9 out of 10 Pesos for Debt and Operations

The preliminary draft of the General National Budget was submitted. Photo: iStock

Last days to pay ICA in Bogotá: deadline approaches and option to contribute to educational scholarships remains

The deadline to pay the ICA for the first two-month period of 2026 expires on April 10 in Bogotá. Photo: iStock

Fedenaga: More than 1.5 million heads of cattle are consumed annually in Venezuela

The vice president of the National Federation of Cattle Ranchers of Venezuela (Fedenaga), José Labrador, reported that the extraction rate for consumption and export of the national bovine herd is more than 1.5 million heads. This extraction level represents a quota of between 10% and 12.5% of the national bovine herd.

Wall Street closes sharply higher, relieved by truce between the US and Iran

New York Stock Exchange closed this Wednesday sharply higher, driven by the announcement of a two-week ceasefire between the United States and Iran, which generates expectations for a swift normalization of maritime operations in the Strait of Hormuz. AFP The Dow Jones Industrial Average rose 2.85%, the Nasdaq Composite [...]

New York penalizes food delivery app for improper charges to restaurants

The New York City Hall announced on Wednesday an agreement that forces the food delivery app HungryPanda to pay nearly one million dollars for improperly charging restaurants, which will receive restitution. Mayor, the socialist democrat Zohran Mamdani, informed at a press conference about the agreement, which is the first obtained by applying local legislation that limits the so-called 'junk fees' of delivery apps to protect restaurants, according to a statement.

Texas Oil Falls 16% After First Day of Ceasefire Between US and Iran

West Texas Intermediate (WTI) crude oil fell this Wednesday to $94.41 a barrel, down 16.41% from the previous close, on the first day of the ceasefire between the United States and Iran, despite contradictory information between both countries about the reopening of the Strait of Hormuz.

Venezuela Increases Foreign Currency Supply: About 330 Million Dollars Sold Since March 31

The Venezuelan government is increasing the sale of foreign currency to the private sector in an attempt to contain the depreciation of the bolivar. Since March 31, authorities have sold approximately 330 million dollars through direct interventions in the foreign exchange market, a source with knowledge of the operations told Bloomberg. The [...]

Consecomercio Hopes Delcy Rodríguez Announces Inclusive Economic Measures

Consecomercio President José Gregorio Rodríguez hopes President Delcy Rodríguez announces inclusive economic measures

S&P Lowers Colombia's Rating to BB-: What Does This New Blow to the Economy Mean?

The Colombian economy received bittersweet news this Wednesday, April 8. The rating agency Standard & Poor's (S&P) announced the downgrade of...