

The US energy official announced that Washington intends to help significantly increase oil, gas, and electricity production in Venezuela this year by issuing new licenses, These licenses will allow domestic and foreign companies to invest, boost energy production, and strengthen employment and export revenue in Venezuela, During meetings in Caracas, both sides discussed establishing a long-term partnership with energy as the driving force of bilateral relations.

Sara Hunter, senior official at the Reserve Bank of Australia, stated that although the labor market has stabilized, it remains tight and capacity pressures continue, She said this situation is expected to persist and inflation will remain above target for a while, The Reserve Bank emphasized it is examining to what extent the recent rise in inflation is temporary.