Economy

55% of the population in Venezuela lives in 'multidimensional poverty', according to Encovi survey

More than half of the population in Venezuela lived in 2025 in conditions of 'multidimensional poverty', calculated from aspects such as income, employment, housing, services, education and health, according to the National Survey of Living Conditions (Encovi) released this Friday by the Andrés Bello Catholic University (UCAB). The figure, however, is lower than that recorded the previous year, when it stood at 57%.

Texas oil rises 0.6% and closes the week at $95.42

West Texas Intermediate (WTI) crude oil rose 0.6% this Friday, reaching $95.42 a barrel, with the market awaiting developments in peace negotiations between the US and Iran while they exchange low-intensity attacks in the Strait of Hormuz. At the end of the session, WTI futures contracts for June, the benchmark in the United States, added $0.61 compared to the previous close. [...]

Fall of the tax on energy generators: a new fiscal challenge for the Petro government

The Petro government will have to review how to adjust its finances after this fiscal blow. Photo: Private archive

Investigating possible oil trades with privileged information

Portafolio Journalist 05.07.2026 21:16 Updated: 05.07.2026 21:16

Colombia Mayor activates new payment cycle for almost 3 million seniors: know the dates

When can the cycle be cashed? Photo: Prosperidad Social

Cosmetics and Personal Care Sector in Colombia Reported 5.4% Growth in 2025, According to Andi

Portafolio Journalist 05.07.2026 11:04 Updated: 05.07.2026 11:04

Constructora Bolívar defends Buenavista Living project's progress after SIC sanction: here's its response

Buenavista Living's rescheduling responded to technical adjustments, according to the construction company's explanation Photo: iStock

What would your salary be if you were paid for housework? Calculate it with this Dane simulator

Portafolio Journalist 05/07/2026 11:50 Updated: 05/07/2026 12:54

Gold Gains Ground as Safe-Haven Asset Amid Global Uncertainty

The price of the dollar and gold have suffered from volatility. Photo: AFP / iStock

Mother's Day: A New Opportunity to Boost Consumption That Commerce Seeks to Seize

Restaurants, fashion, technology, and florists are among the most benefited sectors. Photo: iStock

Gas station association warns of operational gaps in decree on differential diesel price

Portafolio Journalist 05.06.2026 16:49 Updated: 05.06.2026 16:52

AI Gains Influence in Gift Selection and Transforms Commercial Strategies for Mother's Day

Mother's Day Gifts Photo: Image generated with ChatGPT