The U.S.-Venezuela Chamber of Commerce announced a notable rise in trade, partly due to Chevron resuming its operations in Venezuela. During the year’s first half, Venezuelan oil sales to the U.S. hit $1.209 billion. Total exports, including other goods, reached $1.396 billion. This marks a 555.7% rise compared to the first half of 2022. Non-oil […]
Related Posts
Bolivia Opens Global Bids for Small Lithium Salt Flats
Bolivia’s government revealed plans to assess over 20 small salt flats and open them up for international bidding for lithium production. Franklin Molina, the Energy Minister, shared these details. The state firm YLB will handle the project. “YLB will start measuring in October,” Molina said on ¡Qué Semana!, a radio show. “We’ll then invite worldwide […]
Election uncertainty and Yasuní oil reserves affect Ecuador’s credit outlook
As indicated by the country’s Ministry of Economy and Finance, the upcoming election uncertainty regarding the Yasuní National Park’s oil reserves and the future economic policy influence Ecuador’s credit rating. Recent reports from credit rating agencies Fitch and Standard & Poor’s highlight the country’s political uncertainty due to upcoming elections as a notable risk. Ecuadorians […]
Japan Sets New Record in Older Population
For the first time, the Japanese government announced that more than 10% of its population is 80 or older just before a national holiday celebrating those over 65. Currently, 29.1% of Japanese are older than 65, a small rise from last year’s 29%. Japan leads the world in its rate of elderly people. It surpasses […]