The oil market experienced a downturn on Wednesday, October 9, as crude prices fell for the second consecutive day. Concerns about demand for the commodity remained at the forefront of traders’ minds. The unexpected surge in US oil inventories added further pressure to prices. WTI crude futures for November delivery closed at $73.24 per barrel, […]
Related Posts
Russia Revises Nuclear Doctrine, Lowering Threshold for Potential Use
The Kremlin has announced that amendments to Russia’s nuclear doctrine are ready for formalization, signaling a significant shift in policy. President Vladimir Putin unveiled these changes on September 25, 2024, during a Security Council meeting. The revised doctrine expands scenarios for potential nuclear weapon use by Russia. Under the new guidelines, Russia could employ nuclear […]
Bolivia registers lowest inflation in the region during first semester
Bolivia has achieved the lowest inflation rate among South American countries in the first semester, according to Marcelo Montenegro, the Minister of Economy and Public Finance. The country’s inflation stands at 0.79 percent, the lowest in the region compared to Ecuador’s 0.9 percent and other countries experiencing higher inflation rates. Montenegro emphasized that this controlled […]
Venezuelan government delivers 4.6 million homes under housing program
Venezuelan President Nicolás Maduro announced that the government’s housing program, Gran Misión Vivienda Venezuela, has delivered its 4.6 millionth housing unit. Despite facing numerous challenges, the initiative aims to provide homes to the nation’s most vulnerable citizens. The President commented on the impact of U.S. sanctions on Venezuela’s economy and national income. He stressed the […]