Since March 2022, the Federal Reserve had raised rates 11 times consecutively to combat inflation. Amid cooling inflation and a weakening labor market, the U.S. Federal Reserve on Wednesday cut interest rates by 50 basis points, a bolder move than many experts and media had previously anticipated. RELATED: Relatives of Victims of the U.S. Invasion […]

On Tuesday, Industries and Production Minister Pedro Rafael Tellechea worked a fruitful day in the state of Carabobo, visiting the glass factory of Venezolana del Vidrio (Venvidrio) and the Venezuelan Industrial Consortium of Technology China (Civetchi), to learn about the productive capacity of both companies, from the vision and experience of their workers. RELATED:Venezuelan National […]

The executive vice president of Venezuela, Delcy Rodríguez, convened a ministerial meeting with a view to deepening the country’s productive development. To encourage production in Venezuela and ensure that people have the assurance of resources necessary to sustain life, the Executive Vice President of Venezuela, Delcy Rodríguez, held a working meeting with the ministers who […]

The damage caused to the Cuban people by Washington’s foreign policy amount to about US$14 million per day. On Wednesday, Cuban Foreign Affairs Minister Bruno Rodriguez published a report showing that the U.S. blockade caused his country damages of over US$5 billion between March 2023 and February 2024. RELATED: Washington Must Remove Cuba From List […]

President Putin said that the Russian economy will grow by at least 3.6 percent this year. On Wednesday, the Russian Finance Ministry said that it will boost its purchases of foreign currency and gold by seven times as of Sept. 6. RELATED: Russia Liberates Zavitne as It Advances Towards Pokrovsk Authorities will allocate about US$1.98 […]

Transnational forces and the U.S.-backed far-right opposition want to make life impossible for Venezuela, he warned. On Monday, Venezuelan President Nicolas Maduro said that his country’s Gross Domestic Product (GDP) could grow at a rate exceeding 10 percent by the end of 2024. RELATED: The Coup Attempt in Honduras Also Targets CELAC: President Maduro The […]

The achieved represents the continuation of the economic recovery process initiated in the second quarter of 2021.

During a meeting with representatives of the banking, insurance and securities sector held on Thursday, the president of Venezuela, Nicolás Maduro, stressed the transition of the country towards a new geopolitical and economic model. RELATED:Mission Truth Debunks Right-Wing Interpretations of Venezuelan Elections At the meeting, the President of Venezuela reaffirmed his country’s commitment to the […]

One of the main engines of work and growth, of the 18 defined by the Bolivarian government, is that of entrepreneurship, which in the first half grew «15 percent».

U.S. sanctions such as the freezing of Central Bank assets have kept the country mired in economic crisis. On Aug. 15, 2021, Taliban’s force entered Kabul and took over power as U.S.-led forces have withdrawn from Afghanistan. To celebrate the third anniversary of U.S.-led forces pulling out of Afghanistan, streets and buildings in the capital […]