ESPACIO PUBLICITARIO
CARACAS, Monday May 25, 2015 | Update
 

FOREIGN CURRENCY

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Deputy Germán Ferrer

Deputy recommends forex unification to reduce distortions

Ferrer explained that different foreign exchange rates distort the domestic economy (File photo)

FOREIGN CURRENCY.  Venezuelan pro-government deputy for Lara state, Germán Ferrer, who is also the national coordinator of the National Association of Social Networks and Organizations (Anros), deems it necessary to foster macro-economic changes so as to ensure sustained growth and development in Venezuela.  

10:02 AM
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GUYANA-VENEZUELA

Venezuela asks Exxon Mobil to stop oil prospecting at the Essequibo

Foreign Affairs Minister Delcy Rodríguez has sent several communiqués to Exxon Mobil (AVN)
Exxon Mobil launched drilling operations last March 6 in Guyana waters
05/23/2015
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EDUCATION

Venezuelan young people choose parallel economy over higher education

Despair is a learnt feeling among Venezuelans, according to studies (...)
In a survey conducted among professors at the Gervasio Rubio Rural Pedagogic Institute, attached to the Libertador Experimental Pedagogical University (UPEL), they conveyed that the university sector was concerned over the Venezuelan youth's general lack of interest in higher education; instead, they prefer to work in the so called "parallel economy": (...)
05/23/2015
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OPINION

Venezuela and the tsunami of the technology leap

New extractive technologies prompt overproduction and the ensuing drop of prices
05/23/2015
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SOCIETY

In Caracas, quality of life deteriorates

University students demonstrate against insecurity (Fernando Sánchez)
78% of Caracas residents complain about their poor quality of life
05/23/2015
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DOSSIER

USD 9 billion in claims

Conoco-Phillips sued Venezuela for USD 31 billion over the takeover (...)
Venezuela tops the list of most frequent respondent States in proceedings before international investment arbitration tribunals for assets nationalized by President Chávez between 2007 and 2012. Alejandra M. Hernández F.
05/23/2015
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AGRICULTURE

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Agriculture Ministry will rely on BCV and FAO

Public policies seek to overturn the agricultural sector

After 19 years, with the agricultural census, the contribution to the (...)
The director of the MAT Agricultural Statistics and Observatory, Hamlin Jordan, explained that after 19 years without the BCV taking part in the census of the sector or giving any input to the GDP, a very productive meeting was held resulting in the execution soon of an agreement which will secure the census
05/23/2015
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OPINION

Populism is the opium of the people

Populism can go to the left or right extremes
05/23/2015
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BANKS

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Investment in securities grew 24.36% in 12 months

Credit activity in Venezuelan banks up 89.01%

Bank profits rose 71.77% (Miguel Gutiérrez)
The annual reports of Venezuelan banks note a steady expansion of the credit activities, mainly caused by agricultural loans, mortgages and micro-credits
05/23/2015
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CHILD PSYCHOLOGY

Shortage and migration disturb Venezuelan kids

Psychologists discourage the exposure of children to long queues (...)
Children's emotional status depends on their environment
05/22/2015
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OIL

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The Ministry of Petroleum informed

Venezuelan oil price slightly declines

Crude oil prices ended downwards, amid concerns over abundant crude (...)
The price of Venezuelan oil ended at USD 56.28 per barrel, from USD 57 last week
05:36 PM
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SUMMIT OF THE AMERICAS

Obama: "The US will not be imprisoned by the past" in the region

President Obama delivered a speech during the plenary meeting of the Summit of the Americas (Efe)
The President of the United States, Barack Obama, said on Saturday during the plenary meeting of the Seventh Summit of the Americas that his country "will not be imprisoned by the past" when it comes to relations with Cuba and the region. He stressed that if bilateral dialogue between his government and Cuba continued, there would be progress despite (...)
03:50 PM
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SUMMIT OF THE AMERICAS

President Maduro demands Obama to repeal his executive order on Venezuela

Most part of Maduro's speech was focused on disagreements with the US (...)
The President of Venezuela, Nicolás Maduro, during his speech in the plenary meeting of the Seventh Summit of the Americas, demanded his US counterpart, Barack Obama, to annul an executive order imposing sanctions on seven Venezuelan officials for alleged human rights abuses and corruption.
11:37 AM
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SUMMIT OF THE AMERICAS

Pope Francis asks for "sincere dialogue" in the Summit of the Americas

Pope Francis also referred to disparity of opportunities among (...)
Pope Francis said in a letter aired on Saturday by the Holy See and sent on Friday to Panamanian President Juan Carlos Varela that he he hoped the 7th Summit of the Americas constituted a "sincere dialogue" allowing to overcome differences and tackle "with realism" the problems in the continent, such as inequality or immigration, Efe reported.
12:00 AM
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HYDROCARBONS

Petrocaribe's influence threatened by US energy initiative

US President Barack Obama met with members of the Caribbean Community (...)
US President Barack Obama met on Thursday in Jamaica with the 15-member Caribbean Community (Caricom) to promote an energy project that, if implemented, could change geopolitical relations in Latin America.
09:46 AM
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FOREIGN CURRENCY

 | 

Deputy Germán Ferrer

Deputy recommends forex unification to reduce distortions

Ferrer explained that different foreign exchange rates distort the domestic economy (File photo)
Ferrer believes that a single foreign exchange rate should be established, in order to solve a series of distortions and reach balance
 

News This Week

Monday May 25, 2015

Saturday May 23, 2015

Friday May 22, 2015

Thursday May 21, 2015

Wednesday May 20, 2015

Tuesday May 19, 2015

ESPACIO PUBLICITARIO
Dossier
USD 9 billion in claims

Following a wave of nationalizations carried out by the late President Hugo Chavez between 2007 and 2012, Venezuela has become the second most frequent respondent to investment treaty arbitration in the world (38 cases in total), after Argentina.

Economy


Credit activity in Venezuelan banks up 89.01%

BANKS The net yield (profit) of the Venezuelan financial system recorded a 71.77% surge in the first four months of 2015 over the same term last year.

Special Article


Shortage and migration disturb Venezuelan kids

CHILD PSYCHOLOGY Some years ago, separation of parents, games or change of school could be a matter of concern for children. Nowadays, migration and shortage add to this.

ESPACIO PUBLICITARIO
Society


In Caracas, quality of life deteriorates

SOCIETY For 78% of Caracas residents, quality of life is downhill. In terms of services, they point to a backlash in security, health and transportation compared with five years ago. The findings are included in the latest report produced by NGO Por la Caracas Posible (For a Possible Caracas). The case study assesses the management of five jurisdictions that comprise the Metropolitan Area plus the Major Mayoralty.

Multimedia


TOURISM

La Gran Sabana is one of the major natural attractions in Venezuela

PUBLIC SERVICES

Confinanzas Tower in Caracas to be used as emergency response center

HOUSING

Four zones of Caracas Metropolitan area at risk before rainy season

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