ESPACIO PUBLICITARIO
CARACAS, Tuesday September 27, 2011 | Update
 

FINANCE

 | 

The highest level in the year

Sicad foreign exchange rate slides to VEB 11.70 per US dollar

The system allocated USD 194 million in auction number 23 (File photo)

FINANCE.  After keeping steady the exchange rate of Ancillary Foreign Currency Administration System (Sicad) for five weeks, the Venezuelan Center for Foreign Exchange (Cencoex) is allowing increments in the value of the US dollar.  

11:53 AM
 | 

HEALTH

Cases of malaria and chikungunya fever keep on the rise in Venezuela

The Anopheles mosquitoes transmit malaria (Handout photo)
The number of malaria cases already exceeds last year's numbers
09/01/2014
 | 

GOVERNMENT

President Maduro to "shake up the government" on Tuesday

All members of ruling party PSUV will receive political training, (...)
Venezuelan President Nicolás Maduro informed that "the first conference to outline a transition model leading to a socialist, productive economy" would be held by the end of November
09/01/2014
 | 

PROTESTS IN VENEZUELA

 | 

Fingerprinting system rejected

At least five people injured amid protests in Táchira state

Protests were repelled with tear gas and pellets (@sifuerasgov)
One of the demonstrators has a gunshot in the abdomen and was identified as Denis Leonelli Zambrano, as reported by non-governmental organization Foro Penal Venezolano (Venezuelan Criminal Forum)
09/01/2014
 | 

GOVERNMENT

Congress' speaker: Opposition will try to hit the people "with hunger"

Cabello asserted the opposition "will not rule ever again" (TV screen (...)
Diosdado Cabello, the vice-president of ruling party United Socialist Party of Venezuela (PSUV) and Congress's speaker, commented on the fingerprinting system to be implemented
09/01/2014
 | 

ENTERPRISES

 | 

Economic controls create problems

Venezuelan Trade Council asks gov't to address economic crisis

Consecomercio noted that controls have spurred the economic crisis (...)
The Venezuelan National Trade and Services Council (Consecomercio) asserted that "an urgent response" is required to tackle the problems the country is facing, and alerted that delaying decisions might lead to "a year with worse economic and social results" in 2015
09/01/2014
 | 

DIPLOMACY

Analyst: Venezuela-US rapprochement may take some time

The US chargé d'affairs to Venezuela met on August 28 with Venezuelan (...)
According to Carlos Romero, a political scientist and expert in international affairs, both countries "have a lot of issues to discuss"
09/01/2014
 | 

INDUSTRY

Venezuelan car assemblers, gov't discuss debt payment schedule

Government's delays in payments to car parent companies prevent reactivation of production
09/01/2014
 | 

CONTROLS

Fitful supply causes lines in Venezuelan food retailers

Lines of clients inside supermarkets have become an issue, so clients (...)
Demand focuses on the products of the basic food basket
05:50 AM
 | 

HYDROCARBONS

Pdvsa suspends export of diluted crude oil in October

Most of the diluted crude oil of Pdvsa is absorbed by Citgo (File (...)
It is not clear yet whether the suspension of DCO exports will result in a cut of naphtha purchase in open market operations. The decision has been taken as the state-owned oil company seeks to cut costs and partially solve some troubles with the cash flow
12:00 AM
 | 

EXCHANGE CONTROL

Liquidity and lack of dollars trigger the parallel exchange market

Allocation of currency by Cencoex and Sicad I totaled USD 13.2 (...)
The Central Bank's funding of Pdvsa deepens distortion surrounding currency exchange policies
12:05 PM
 | 

FINANCE

 | 

The highest level in the year

Sicad foreign exchange rate slides to VEB 11.70 per US dollar

The system allocated USD 194 million in auction number 23 (File photo)
After keeping steady the exchange rate of Ancillary Foreign Currency Administration System (Sicad) for five weeks, the Venezuelan Center for Foreign Exchange (Cencoex) is allowing increments in the value of the US dollar.
11:00 AM
 | 

FINANCE

Disputes at Icsid could force Venezuela to pay USD 24 billion

Citgo, a US-based subsidiary of state-run oil corporation Petróleos (...)
At the International Centre for Settlement of Investment Disputes (Icsid), a World Bank institution which facilitates arbitration of legal disputes between governments and foreign companies, 28 complaints have been filed against Venezuela, and the related rulings could force the country to pay amounts that would heavily hit its finances.
11:53 AM
 | 

HEALTH

Cases of malaria and chikungunya fever keep on the rise in Venezuela

The Anopheles mosquitoes transmit malaria (Handout photo)
The number of malaria cases already exceeds last year's numbers
11:00 AM
 | 

FINANCE

Disputes at Icsid could force Venezuela to pay USD 24 billion

Citgo, a US-based subsidiary of state-run oil corporation Petróleos (...)
The rulings on the lawsuits lodged by US oil companies Exxon Mobil and Conoco against Venezuela might be rendered anytime soon
 

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Tuesday September 02, 2014

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