Despite official claims of recovery, Venezuela is heading toward 2026 burdened by deep structural weaknesses and rising uncertainty. Economist Aldo Contreras and political analyst Pablo Quintero told Invezz the country remains trapped in a prolonged downturn that began more than a decade ago. Venezuela’s gross domestic product peaked at over $460 billion in 2012. The
The rally in silver prices continued on Tuesday as prices breached the $70-per-ounce mark for the first time ever on robust physical and investment demand. Gold prices also hit a new record high, crossing the $4,500 per ounce mark on Tuesday on a weak dollar and geopolitical uncertainty. Meanwhile, oil prices fell slightly as oversupply
Ferrari stock price has had a difficult year, falling from a high of $516 in July to the current $375, a move that has erased its market capitalization from the year-to-date high of $136 billion to the current $90 billion. Ferrari stock price dropped amid concerns about the company Ferrari, the iconic Italian supercar company,
Portugal’s housing pressures sharpened again in the third quarter, pushing affordability further into the political spotlight. Fresh official data showed prices rising at a record pace, underlining how far the market has moved beyond the reach of many residents. The latest surge reflects a mix of strong demand, limited supply, and population growth, with policymakers
Blockchain security firm CertiK has flagged a suspicious on-chain incident involving the loss of nearly $2.3 million in digital assets, after detecting unusual wallet activity through its monitoring systems. The case was identified using CertiK’s Skylens platform, which tracks abnormal fund movements and behavioural patterns across public blockchains. The incident highlights how wallet-level breaches continue
Britain’s government has announced a significant change to its inheritance tax plans for farmers, scaling back a policy that triggered months of protests across the country. As per a Reuters report, the decision follows sustained opposition from agricultural groups after an inheritance tax charge on farms was announced in 2024, ending a long-standing exemption for
For years, the UK government has signaled its ambition to become a global crypto hub, but for those building the infrastructure, the pace of progress tells a different story. While the EU implements MiCA and offshore jurisdictions attract talent with favorable tax regimes, London remains stuck in the consultation phase. To understand the real impact
South Korean satellite launch company Innospace attempted to achieve its first commercial rocket launch mission from Brazil’s Alcantara Space Centre on Monday, but the launch led to a failure, a setback for both the company and Brazil’s aerospace aspirations. Five days after its initial target timeline, the launch of Innospace’s HANBIT-Nano vehicle occurred at 10:13 p.m.
The US economy expanded at a stronger-than-expected pace in the third quarter, according to a long-delayed government report that showed growth accelerating even as inflation pressures lingered and markets remained cautious. Gross domestic product grew at an annualised rate of 4.3% between July and September, the Commerce Department said, exceeding the 3.2% forecast in a
“When we opened our office back in 1990 and distributed pamphlets about our new cable business, people couldn’t believe that a mere antenna and VCR could bring movies to their televisions,” recalls Sunil Jolly, director of Den Enjoy Network, a Multi-System Operator (MSO) in Lucknow and one of the city’s earliest cable operators. The excitement