Venezuela Financial News

Investing.com --Goldman Sachs releases its latest quarterly results in difficult circumstances, while retail sales will provide clues of the health of the U.S. consumer. County Garden nears debt default, while oil markets look to Venezuela for potential supply. 

By Mayela Armas, Matt Spetalnick and Marianna Parraga

According to a new study, cryptocurrency adoption grows in Latin America as users leverage digital assets to offset currency devaluations and inflation.

According to a recent report from blockchain analytics firm Chainalysis, Latin America has a distinct inclination toward centralized exchanges when compared to the rest of the world, as opposed to decentralized exchanges.

Canada is set to welcome 11,000 migrants from Colombia, Haiti and Venezuela this fall, immigration minister Marc Miller said.

Mexico's president says he rejected a U.S. request to set up migrant transit centers in Mexico

By Vivian Sequera, Andrew Mills and Marianna Parraga

By Marianna Parraga, Diego Oré and Mayela Armas

The new head of the U.N.’s migration agency says the private sector is “desperate” for their countries to take in migrants to mop up labor shortages, especially in the West

Santos and Vasco de Gama. Santos were 3-1 up and 10 minutes into the second half, when winger Soteldo decided to have fun. When he received the ball on the left-hand side of the pitch, the winger jumped up on top of the ball and remained there for several seconds instead of picking out a pass.

The new head of the U.N.’s migration agency says the private sector is “desperate” for their countries to take in migrants to mop up labor shortages, especially in the West

Shohei Ohtani’s soaring popularity was even more evident when it came to jersey sales

Tecpetrol, a major Argentinian oil producer, has announced plans to mine crypto using associated gas.

Venezuela was one of the first Latin American countries to establish its own crypto oversight body, the National Superintendency of Crypto Assets (Sunacrip). Now, the government says it will take six extra months to ‘reorganize” the entity, which de-facto stopped its work in March 2023. 

US Census Board. As per fresh statistics, as of July 2022, legal and illegal immigrants together account for 13.9 % of the total US population of 33-odd crore. This ratio stood at 13.6% a year earlier. As far as immigration into the US goes, Mexico, China and India are the top three source countries. Immigrants from India and China constitute 6% each of the total immigration count in 2022. According to the 2022 census findings, the number of Indians is 28.4 lakh, up from 27.09 lakh a year ago.

The Venezuelan Police seized Bitcoin (BTC) mining hardware, rocket launchers and a ton of other items as it recaptured the Tocoron prison which has been under the control of inmates. 

The U.S. economy’s prospects of a soft landing are getting a boost from an unexpected source: a historic rise in immigration. The inflow of foreign-born workers, which had slowed to a trickle in the years up to and including the pandemic, is now rising briskly as the U.S.

The Biden administration says it’s granting temporary legal status to hundreds of thousands of Venezuelans already in the country

As migration to the United States from Venezuela and other countries soars, Democratic elected officials are pressing the Biden administration to quickly grant work permits for asylum-seekers while their cases wind through immigration courts

The leaders of China and Zambia have announced an upgrading of their ties as the world’s second-largest economy forges deeper ties with the Global South

Berkeley Earth, which focuses on environmental data science and analysis, said last month was the warmest August since records began to be kept in 1850, with «particularly warm conditions» prevailing in parts of India, Japan, North Atlantic, Eastern Equatorial Pacific, Northern South America, Central America, parts of Africa and the Middle East. The National Oceanic and Atmospheric Administration (NOAA), a US government agency, said on Thursday that 2023 witnessed Earth's hottest August in its 174-year climate record. The sizzling month also marked the northern hemisphere's warmest meteorological summer and the southern hemisphere's warmest meteorological winter on record, the NOAA's National Centres for Environmental Information said. Berkeley Earth said August 2023 exceeded the previous record set in August 2016 by 0.31 degrees Celsius, «a surprisingly large margin, well outside the margin of uncertainty». Its researchers said: «We estimate that 13 per cent of the Earth's surface experienced its locally warmest August average, and 87 per cent of the Earth's surface was significantly warmer when compared to its local average during the period from 1951 to 1980.» In total, they estimated that 65 countries (mostly in the tropics) witnessed their warmest August on record. These countries include Bahrain, Barbados, Brazil, Cambodia, Cameroon, Chad, China, Colombia, Cuba, Iran, Iraq, Japan, Kenya, Mexico, Morocco, Niger, Panama, Peru, the Philippines, Qatar, Russia, Rwanda, Saudi Arabia, Sri Lanka, Sudan, Suriname, Turkiye, Venezuela and Yemen. Some of these countries broke their August records by extraordinary margins.