Get the latest news and expert advice on finance and investing in Venezuela. Learn how to make the most of your money and save for the future. We have tips and strategies to help you navigate turbulent market conditions.

Tracing Back to Black Friday 40 Years Ago in 1983
40 years ago, Black Friday caused bolivar devaluation in Venezuela due to economic policies by the President

Tracing Back to Black Friday 40 Years Ago in 1983

The economic instability in Venezuela traces back to Black Friday in 1983, when the bolivar suffered a significant devaluation against the dollar due to government policies. Economist José Guerra sheds light on the causes and impact of this historic event.

Venezuelan Startup Cocomercado
The Inspiring Story of a Venezuelan Startup´s Success in the Remittance Industry

Venezuelan Startup Cocomercado

Transforming Lives and Businesses in Venezuela: The Innovative Blockchain based Money Transfer System by Cocomercado. Revolutionizing remittances and small businesses in Venezuela.

Valero Energy Imports Venezuelan Crude
Valero operates a vast network of retail gasoline stations and is a major player in the ethanol market with 13 plants across the US

Valero Energy Imports Venezuelan Crude

Valero Energy Corporation a leading independent petroleum refining and marketing company based in Texas has imported crude oil from Venezuela for the first time in four years. As the 2nd largest fuel producer in the US Valero received 241,000 barrels of crude oil from Chevron which holds the exclusive authorization to extract and export the oil.

A Venezuelan Businessman Transforming Coral Gables
Coral Gables has adopted Torrealba as a prominent figure in the community

A Venezuelan Businessman Transforming Coral Gables

Alirio Torrealba is a Venezuelan businessman who has become the leading developer of homes in Coral Gables. He started in the business world at the age of 19, selling and buying used cars in Venezuela.

Venezuelan Migration: The Other Side of the Coin
The countries that benefit most are those that receive Venezuelan emigrants, who are more skilled than the local population.

Venezuelan Migration: The Other Side of the Coin

More than seven million Venezuelans have left their country in the last eight years to escape the economic, political and social crisis. The vast majority of them, six million, have settled in other countries in the Latin American region, which for years have invested part of their budgets in welcoming the new arrivals.

Venezuelan Banks Grant Loans in Bs. on 30% of FC Deposits
This allows Venezuelans to access credit despite the country's currency crisis and access much-needed funds to help them rebuild their lives.

Venezuelan Banks Grant Loans in Bs. on 30% of FC Deposits

Venezuela's banks are now authorized to grant loans in bolivars based on 30% of foreign currency deposits. This allows Venezuelans to access credit despite the country's currency crisis and access much-needed funds to help them rebuild their lives.