Economy

Cuba will take about 96 hours to unload Russian tanker before refining begins (Photos)

The unloading of the Russian tanker Anatoli Kolodkin, which docked with 740,000 barrels of crude oil this Tuesday at the port of Matanzas, west of Cuba, will be delayed by approximately 96 hours, amid the severe energy crisis the island is going through. EFE The vessel, which belongs to the Sovkomflot corporation sanctioned by the US since 2024 [...]

How much investment is needed to stabilize Venezuela's National Electric System?

Electrical engineer Arturo Arenas indicated that to stabilize the National Electric System (SEN) of the country, an investment of between US$ 15,000 and US$ 40,000 million must be made, according to a report from the companies Siemens Energy and General Electric (GE). In this sense, he added that if this investment were made, it would allow the Venezuelan electric system to begin to have significant improvements in the short, medium, and long term, that is, the integral improvement process to achieve a reliable service would take between 5 to 15 years.

Fish Has Become the Third Most Important Protein Source for Venezuelans

Venezuela's acting president, Delcy Rodríguez, stated that the fishing sector has grown through the "Venezuela Azul" initiative, contributing to the country's economic development. She also mentioned that seafood distribution to open-air markets is guaranteed through the "Yo Como Pescado" fair during the Easter season. She commented that fish and seafood have become the third most important protein source for Venezuelans, and authorities are deployed to ensure efficient delivery to all citizens. Regarding Easter week, she noted that over 1,200 tourist and recreational sites have been opened.

Banking and Business

The National Entrepreneurship Registry Certificate allows the entrepreneur to formally begin their activities, through a document that approves them to obtain all permits and procedures to carry out their economic activities. Banking and Business How long does the National Entrepreneurship Registry Certificate last and what to do after its expiration? The National Entrepreneurship Registry is a public registry that aims to register new ventures, and said registry grants legal personality to the venture in accordance with Articles 15 and 16 of the Law for the Promotion and Development of New Ventures. How much is the amount and where to process the National Entrepreneurship Registry? Registration in the National Entrepreneurship Registry is free through the "emprender juntos" web portal. How long does the National Entrepreneurship Registry Certificate last? Registration in the National Entrepreneurship Registry will be valid for 3 years, in accordance with Article 17 of the reform law, of the Law for the Promotion and Development of New Ventures. What should the entrepreneur do once the National Entrepreneurship Registry Certificate expires? Once the 3-year validity period of the National Entrepreneurship Registry has been completed, the venture in question must be registered in the corresponding commercial registry under the legal structures established in the commercial code and other applicable laws. It should be noted that the National Entrepreneurship Registry Certificate is an ideal legal figure for those entrepreneurs who are starting out, as it is processed free of charge and very quickly.

Flexibilization of cargo transport restrictions during Holy Week 2026

The National Institute of Land Transportation (INTT) announced the flexibilization of circulation restrictions for cargo transport scheduled for the coming days. In this regard, it indicated on its social networks that the aim is to guarantee the mobility and dynamism of the logistics sector in Venezuela. The measure will allow the transit of heavy cargo units during normally restricted hours, facilitating the flow of goods and services in the national territory. The Venezuelan institution called on all drivers and transport companies to maintain current road safety regulations, respecting speed limits and ensuring the good mechanical condition of the units.

Sitssa activated Caracas-La Guaira route for Easter

Sitssa announced that it will offer its transportation system to facilitate the transfer of users to La Guaira state during Holy Week.

Carla Mendoza will be at the Bogotá Book Fair with her new book

Latina author and businesswoman Carla Mendoza will participate in the Bogotá International Book Fair (FILBO 2026), one of the most important Spanish-language literary events, where she will present her book “La vida es una venta” (Life is a Sale) alongside the Venezuelan Book Chamber, consolidating her position as an international writer and speaker.

Fertilizantes PazdelRío grows amid global tensions and develops a solar farm

The initiative is developed on 16 hectares, where the installation of more than 21,000 solar panels is underway Photo: COURTESY: PAZDERÍO/EDUARDO DEL TORO

Clash over 11.25% rates: Minister withdraws from Central Bank

The decision by the Banco de la República to increase the interest rate by 100 basis points to 11.25% triggered a strong reaction from the Government. The Minister of Finance, Germán Ávila, not only expressed his disagreement but also left the Board of Directors meeting and distanced himself from the monetary policy of the Central Bank.

Rates at 11.25%: Central Bank Sparks Clash with Government

In a key decision for the country's economy, the Central Bank raised its interest rate by 100 basis points, bringing it to 11.25%. The measure, however, does not have the backing of the national government, which has reiterated its disagreement with such increases.

Since When Have Interest Rates Not Been This High in Colombia? This is What the Bank of the Republic Says

Monetary policy in the country would continue to tighten throughout the year. Photo: Image generated with artificial intelligence.

Vitol Trader Addison, Architect of US-Venezuela Export Deal, Prepares to Retire, Reuters Reports

A top executive at energy trading firm Vitol, John Addison, who played a key role in the U.S.-backed deal to export Venezuelan oil, is preparing to retire, according to sources close to the matter. By Reuters Addison was a central figure in structuring the agreement that allowed for the reactivation of crude oil exports from Venezuela following political changes in early 2026.