Venezuela’s state-owned oil company Pdvsa and the French energy company Maurel & Prom have entered into an energy cooperation framework agreement. This pact aims to restart oil and gas production in the Zulia state in western Venezuela, as reported by state media. The signing of the agreement marks the official reactivation of the joint venture […]
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Argentina’s Economy Improves, But Why Has the Parallel Dollar Soared?
Yesterday, Argentina’s parallel dollar, also called ‘blue dollar’, surged to 1,230 pesos per unit, marking a four-month high. This black market value jumped by 50 pesos (4.2%) in one day. It has risen nearly 10% in the first two days of the week. This significant increase widened the gap with the official dollar. The exchange […]
Another political leader shot dead in Ecuador
Pedro Briones, a prominent figure in Ecuador’s Citizen Revolution Movement (RC5) led by former President Rafael Correa (2007-2017), was shot dead in San Mateo, located in the Esmeraldas province near the Colombian border, as confirmed by party members. The RC5’s presidential candidate for the upcoming general elections on August 20th, Luisa González, acknowledged Briones’ death […]
