TELESUR — broadcast
20261012 170000 UTC
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[00:00:23] capable of, I always say, of what
[00:00:24] greatest socioeconomic crisis in
[00:00:43] announced that a reform of
[00:00:50] We are starting another broadcast of economic impact through the Telesur signal,
[00:00:54] also starting another week with all the pleasure of being able to accompany you, my name is Daniel, on behalf of this
[00:00:58] great team, welcome. Let's start with the headlines of this
[00:01:02] broadcast.
[00:01:06] In our world today, the acting president of Venezuela announced the socioeconomic
[00:01:10] advances of the Venezuela Renace
[00:01:13] Plan.
[00:01:19] to avoid a more pronounced jump in In our analysis space, we will be
[00:01:21] addressing Argentina and how the socioeconomic crisis of that
[00:01:25] country is
[00:01:26] deepening.
[00:01:31] And in our digital tour, Russia will sell diesel to international
[00:01:35] markets without any problems, the Kremlin assures.
[00:01:38] Let's start with the details of the information.
[00:01:51] session of the United To begin, we start this world today with Venezuela
[00:01:53] and as part of the Venezuela Renace Plan, the government of that country
[00:01:57] reported on the progress in the recovery and
[00:02:00] private companies and formal rehabilitation of homes with actions aimed at families in
[00:02:03] Caracas and in different states of the country, this was announced by the
[00:02:07] acting president Delsi Rodríguez, whom we hear at this
[00:02:10] moment. In terms of housing, we have
[00:02:13] rehabilitated and delivered
[00:02:15] 2,422 homes in Caracas, with
[00:02:19] special attention in the municipalities of Libertador and
[00:02:22] Chacao, as well as in the states of La Guaira, Miranda, and
[00:02:26] Aragua, benefiting 8,800
[00:02:30] 62 people, also 700 new
[00:02:33] homes have been delivered in six states of the country and in
[00:02:37] La Guaira 686 homes were
[00:02:41] recovered, benefiting
[00:02:43] 3,358
[00:02:46] people. We also continue to rehabilitate
[00:02:49] 20,083 homes that will collectively
[00:02:53] benefit 82,205
[00:02:57] people in three states of the country.
[00:03:02] We continue in Venezuela, which has reached 3 consecutive years of economic growth
[00:03:06] and CEPAL estimates that it will close 2026 at
[00:03:10] more than 6.5%, one of the sectors that are
[00:03:13] being renewed is the electrical one, the report with Madelin
[00:03:16] García. Spare parts continue to arrive for the
[00:03:19] different thermoelectric plants of
[00:03:21] Venezuela,
[00:03:24] engine and lubrication pump of the generator so that it keeps the
[00:03:27] oil in the generator as such, the engineers do not stop
[00:03:30] working, they change the old parts for the
[00:03:34] new ones, little by little they are reactivating the
[00:03:37] equipment to generate megawatts, private Venezuelan
[00:03:41] companies do it together with the workers of the national
[00:03:44] electric system, we are checking and verifying each signal and each
[00:03:48] equipment, performing maintenance and adjustments to leave them in operational
[00:03:51] conditions, we are incorporating
[00:03:56] diesel after the lifting of export megawatts into the system to seek system
[00:03:58] conditions, to improve
[00:04:00] this... begins to the national electric system, that's what it's about, if we are
[00:04:03] recovering, of course we are, the goal is to
[00:04:06] recover in the medium term the electric sector that was affected by the
[00:04:10] illegal sanctions of the United States by not being able to have
[00:04:13] access to original spare parts,
[00:04:17] waiting for the spare parts, the spare part has already arrived, let's go forward, my love,
[00:04:20] when it's 24 hours we give it 24 hours of rest every
[00:04:24] day, from 7 to 7 in the evening, from 7 to 9, from 7 to
[00:04:27] 10, aha, we have to give it. but for that
[00:04:31] we are looking for that, for the country to
[00:04:34] build and for the things that are being lent, let's have a better
[00:04:38] functioning with electricity, little by little we are going,
[00:04:41] the earthquake affected 800 MW and of those 600
[00:04:46] 25% less than what the were recovered three months after the seismic double which
[00:04:48] destabilized electricity mainly in three states
[00:04:52] of the central west of the country. Trust
[00:04:56] system, but specifically with the interpretation of us because we are guarantors of the national electric system. We are
[00:05:00] focused, committed and even
[00:05:03] in love with what the electric system is and its good
[00:05:06] functioning, its good service, we are service
[00:05:09] providers with quality, with...
[00:05:12] information and well, with love for Venezuela too, so that
[00:05:16] Venezuela grows and Venezuela
[00:05:19] grew for the third consecutive year, despite the
[00:05:22] difficulties, the dialogue with private companies and the consensuses
[00:05:25] allowed the country to be ranked first
[00:05:28] in Latin America and has remained so, this speaks
[00:05:32] volumes of the effort of what we are
[00:05:36] we are capable of as Venezuelans and you as
[00:05:39] entrepreneurs in the most
[00:05:43] difficult environment of economic blockade, of financial
[00:05:46] blockade, you gave and have given your best
[00:05:50] to move forward, the acting president
[00:05:52] Delsi Rodríguez
[00:05:56] the electric system law is coming soon,
[00:05:59] soon and when I say soon I mean in the coming
[00:06:02] days, weeks, but it will not pass this year,
[00:06:06] a reform of the national electric system law of the electric
[00:06:10] service that allows private
[00:06:14] participation in the generation, transmission,
[00:06:17] distribution processes,
[00:06:19] this is something that we have also been discussing with the private
[00:06:22] sector. In addition to the electric sector, Venezuela has a clear
[00:06:26] growth path in other sectors such as petrochemical,
[00:06:30] oil with 61 agreements signed with different countries of the
[00:06:34] world.
[00:06:42] real alerted about the negative impact produced by the constant
[00:06:46] power outages in production throughout the national
[00:06:49] territory, the Ecuadorian business committee indicated that the extension of programmed
[00:06:53] disconnections from 48 to 72 hours per week threatens
[00:06:57] thousands of jobs and the income of numerous families, due to the lack of
[00:07:00] regular production shifts puts jobs and income at
[00:07:04] risk. In terms of exports, the Ecuadorian
[00:07:07] Federation of Exporters stated that it foresees negative consequences,
[00:07:10] emphasizing that 75% of the volume of exported cargo corresponds to
[00:07:14] perishable products that require conservation
[00:07:17] conditions and operational continuity, given this the Chamber of
[00:07:20] Industries and Production urged the authorities to consider
[00:07:24] alternatives and generalize savings in all sectors, given
[00:07:27] that with this rationing, production and business
[00:07:31] commitments
[00:07:32] would be affected.
[00:07:36] We now travel to Italy, which hosts the United Nations Food and Agriculture
[00:07:40] Organization, where various debates related to the future of food
[00:07:44] systems worldwide are held, international
[00:07:46] authorities along with scientists and farmers are in the
[00:07:50] city of Rome participating in the event under the slogan innovate
[00:07:54] today, feed tomorrow, which are scheduled
[00:07:57] until October 16 within the framework of World Food
[00:08:01] Day. The forum aims to share local and
[00:08:03] international experiences and best practices to accelerate
[00:08:07] the efficiency, inclusion and sustainability of global
[00:08:10] agri-food systems, global youth action, the science
[00:08:14] and innovation forum and the investment forum of the Hand
[00:08:18] in Hand initiative are the three fundamental pillars that articulate
[00:08:22] the event,
[00:08:23] and in the speech of the acting president of
[00:08:27] Venezuela Delsi Rodríguez, she highlighted the nutritional
[00:08:31] recovery and the reduction of undernourishment in the country,
[00:08:34] emphasizing that the nation has proven experience in its
[00:08:38] fight for the eradication of hunger. Let's hear her.
[00:08:41] Venezuela is one of the countries in the
[00:08:45] region that has advanced the most
[00:08:49] recently in the reduction of
[00:08:52] undernourishment,
[00:08:54] indicators show a sustained reduction in the
[00:08:58] prevalence of undernourishment that reached
[00:09:01] 5.3% in 2025,
[00:09:05] according to figures from this organization and which
[00:09:08] this year is already 3%,
[00:09:13] be reflected there also where it matters most to us,
[00:09:17] among our boys and girls, among those
[00:09:21] under 5 years old, acute malnutrition
[00:09:24] was reduced from 14.8% in
[00:09:28] 2019 to 1.3% in
[00:09:32] 2025, this nutritional
[00:09:35] recovery is also expressed in other
[00:09:39] indicators, breastfeeding...
[00:09:43] today reaches
[00:09:44] 73.7%,
[00:09:47] being one of the highest values in our
[00:09:51] region, thus,
[00:09:54] Venezuela has proven experience in the
[00:09:58] eradication of hunger, as recognized by the
[00:10:01] FAO. Within the forum, the Cuban president sent a
[00:10:05] message highlighting that the impact of armed conflicts and climatic
[00:10:09] changes directly affect countries in development. Here are his
[00:10:13] words.
[00:10:15] We live in a world traversed by serious global problems, which
[00:10:19] nevertheless have unequal impacts at the territorial
[00:10:22] level. Armed conflicts, the
[00:10:26] increasingly severe effects of climate change, recurrent
[00:10:29] economic crises, geopolitical
[00:10:32] tensions and growing
[00:10:35] inequalities affect developing countries more intensely
[00:10:38] and painfully, where millions
[00:10:42] of people continue to suffer hunger, food
[00:10:46] insecurity and malnutrition.
[00:10:49] In the described scenario, public
[00:10:52] policies for the transformation of agri-food
[00:10:55] systems are not only a technical priority that
[00:10:58] development imposes,
[00:11:00] they demand above all an ethical and political
[00:11:04] responsibility from all
[00:11:06] governments.
[00:11:12] I now tell you that the International Energy Agency asked its members for an
[00:11:15] assessment on the release of additional diesel
[00:11:18] reserves. The international organization indicated that all
[00:11:22] members have the task of evaluating whether to
[00:11:25] make more diesel releases, in addition to
[00:11:28] determining their scope, schedule and complementary nature, it also
[00:11:32] suggested that member countries that have not yet fully
[00:11:36] delivered the promised volumes accelerate
[00:11:39] pending releases giving priority to diesel before the meeting of the
[00:11:43] IEA Governing Board scheduled for October 15, this initiative aims to
[00:11:46] mitigate the crisis in the Strait of Hormuz on energy markets
[00:11:50] present in the world since the end of
[00:11:54] 2008.
[00:12:05] We make a pause, upon our return as part of our analysis section, we will be addressing
[00:12:09] how Argentina's socioeconomic crisis is deepening,
[00:12:12] I'll be back with all the details.
[00:12:51] Explore the truth behind every story with a deep
[00:12:55] and committed look, we decipher the details that
[00:12:58] shape our present and future, together with the voices
[00:13:02] of the people that resonate in every corner of the world.
[00:13:05] Telesur Reports, a unique
[00:13:09] authentic perspective that reveal the stories they try to
[00:13:12] hide and capture the essence of our
[00:13:16] continent, one story at a time, every Saturday,
[00:13:19] only on Telesur.
[00:13:22] Our planet is full of
[00:13:27] natural paradises that beautify the environment,
[00:13:30] and invite us to protect it from the threats that
[00:13:33] lurk, unknown wonders
[00:13:36] that await
[00:13:38] to be discovered by you.
[00:13:42] Join
[00:13:44] us to travel the world from a tourist
[00:13:48] perspective, let's move towards a
[00:13:50] new
[00:13:54] destination. Green every
[00:13:56] Wednesday, only on Telesur.
[00:15:07] These are images of Argentina, the economic recession in that country
[00:15:11] persists and already affects more than 15 million inhabitants below the poverty
[00:15:14] line. According to a recent report by the National Institute of Statistics
[00:15:18] and Censuses Selindec, Argentina's gross domestic product registered a
[00:15:22] decrease of 0.6% in the second
[00:15:25] quarter of the year compared to the previous quarter, at the same time poverty
[00:15:29] soared to 32.3% in the first
[00:15:31] half of 2026 and exceeded 15 million people, in a
[00:15:35] context marked by contradiction. Forgive me for the
[00:15:38] contraction of national economic activity and a severe setback
[00:15:41] in the narrative of libertarian president Javier
[00:15:45] Milei with his promise to reach an inflation of 0 point
[00:15:48] zero, this in August. With these data, the Argentine
[00:15:52] economy registered an interannual fall of 4.6%
[00:15:55] and trade fell by
[00:15:57] 5.1%.
[00:16:05] In addition to the above, there are the increases in services and tariffs
[00:16:09] authorized by the government that began in September and these
[00:16:13] already reach up to 5%. The increase
[00:16:16] applies a percentage of 1.75% in electrical
[00:16:19] services also to users of Edenor and Eden
[00:16:23] Sur in the metropolitan area of Buenos Aires and 1.4%
[00:16:27] in natural gas nationwide, framed in the energy emergency in force
[00:16:31] until 2027. To mitigate the impact on households, the executive
[00:16:34] increased total bonuses to 75% in electricity
[00:16:38] and 74.5% in gas and raised the light consumption
[00:16:41] bonus ceiling to 200 kWh per month,
[00:16:45] reversing the planned reduction of 150 kWh. The
[00:16:48] government indicated that this update responds to the international rise
[00:16:52] in energy costs, thus seeking
[00:16:56] bills.
[00:16:57] The administration of Javier Milei has
[00:17:04] been marked by a strong economic and productive
[00:17:08] setback between the end of 2023 and mid-
[00:17:11] 2026, the uninterrupted fall in activity in industries,
[00:17:14] trade and employment has critically deteriorated
[00:17:17] the operational viability of Argentine companies. More
[00:17:21] details, below:
[00:17:23] Between November 2023 and
[00:17:26] June 2026, the Argentine economy experienced
[00:17:29] a marked retraction under the administration of President Javier
[00:17:33] Milley, reflecting a deterioration in the sustainability of
[00:17:38] employment. According to a report by the Center for Argentine
[00:17:42] Political Economy based on data from the Superintendency of Labor
[00:17:45] Risk, the formal closure of 31,342
[00:17:49] productive units was registered, which
[00:17:52] represents a contraction of 6.1%,
[00:17:55] reducing from 512,357
[00:17:58] to 481,015
[00:18:01] employers. This business crisis caused the loss of
[00:18:05] 400. 34,126
[00:18:07] formal jobs, a reduction of the occupational mass by
[00:18:11] 4.4%. Sectors such as industry and
[00:18:15] construction have accumulated consecutive falls and explain
[00:18:18] 61% of the total loss. This contraction responds to
[00:18:22] fiscal adjustment policies, the fall in domestic demand due to the
[00:18:26] loss of purchasing power, the increase in tariffs and imported
[00:18:29] openness. Thus, small and medium-sized companies with less
[00:18:33] liquidity have been the most affected, consolidating a recessionary
[00:18:37] scenario that compromises productive viability in the long
[00:18:41] term.
[00:18:42] Given this panorama, the General Confederation of
[00:18:47] Labor recently held a massive mobilization
[00:18:51] towards the Ministry of Industry in Buenos Aires to denounce the
[00:18:55] deterioration of the productive sector. Under the slogan
[00:18:57] The Malvinas are Argentine, national industry also, workers
[00:19:01] demanded a halt to the closure of companies and industries, for its part.
[00:19:05] The triumvirate of the
[00:19:07] trade union confederation criticized the measures
[00:19:11] of import liberalization and the lack of credit of President Javier
[00:19:14] Milei and warned that his neoliberal policy generates massive
[00:19:17] deindustrialization that destroys the productive fabric and
[00:19:21] increases unemployment. This protest is part of a scheme of
[00:19:25] escalating mobilizations before evaluating a fifth general
[00:19:29] strike.
[00:19:40] Beyond the deterioration in the industrial sector, Milei's administration has
[00:19:43] advanced in its privatization plan, recently adding
[00:19:46] water services to the list of companies transferred to
[00:19:50] the private sector. The government of Javier Milei has managed to take another step in
[00:19:53] its privatization plan, recently the economic
[00:19:57] offers for 90% of the share package of Agua y
[00:20:00] Saneamientos Argentinos and the company that supplies drinking
[00:20:04] water and sewers to 14 million users in Buenos Aires
[00:20:08] and 26 districts of the Conurbano, when the award is made, the
[00:20:11] remaining administrative step, the company
[00:20:15] will be in the hands of a consortium led by local businessmen who will pay
[00:20:18] 340.2 million dollars for it, almost
[00:20:23] executive expected to collect, we highlight that it is the largest
[00:20:27] operation of the Milei administration's privatization program.
[00:20:30] That's
[00:20:37] not all, purchasing power in Argentina is experiencing a historic
[00:20:41] collapse, seriously eroding the purchasing power of citizens at
[00:20:44] all socioeconomic levels. Let's review the data: the vital
[00:20:48] and mobile minimum wage in Argentina collapsed by
[00:20:51] 40.8% in real terms between November
[00:20:55] 2023 and September 2026, this strong
[00:20:58] contraction of purchasing power accelerated under the adjustment
[00:21:02] measures of Javier Milei's administration has plunged the legal
[00:21:05] minimum income to levels of purchasing power similar to those
[00:21:09] of April 2002, one of the periods of
[00:21:14] the country's recent
[00:21:15] history.
[00:21:30] We'll take a second break, please don't go, when we return as part of our
[00:21:34] digital tour, we will talk about Russia, it will sell diesel to international
[00:21:38] markets without any problem, at least that's what the
[00:21:41] Kremlin claims, I'll be back with the
[00:21:43] details.
[00:22:06] Enough of the illusion that the world's problems can be
[00:22:10] solved with nuclear weapons, bombs can kill the
[00:22:13] hungry, the sick, the ignorant, but they cannot
[00:22:17] kill hunger, diseases.
[00:22:20] ignorance, nor can they kill the just rebellion
[00:22:23] of the peoples and in the Holocaust the rich will also die,
[00:22:27] who are the ones who have the most to lose in this world.
[00:22:30] Fidel Castro. October 12, 1979,
[00:22:34] speech delivered in his capacity as president of the Non-Aligned
[00:22:38] Movement at the 34th
[00:22:41] Nations General Assembly, New York, United
[00:22:44] States.
[00:22:45] The South American Giant is
[00:22:50] in constant evolution. Join
[00:22:53] Beto Almeida and his guests in Latitud
[00:22:57] Brasil, a conversation where the most important
[00:23:00] aspects of daily Brazilian events in the political,
[00:23:04] social, economic and
[00:23:08] cultural panorama are discussed. Every
[00:23:11] Wednesday, only on
[00:23:14] Telesur.
[00:23:15] Every day new
[00:23:23] events and scenarios unfold in Latin America and the world, that's
[00:23:26] why we always have our agenda
[00:23:29] open.
[00:23:31] Remember to follow
[00:23:37] us through our multiplatform and be part of the most
[00:23:41] relevant events every day. Monday to
[00:23:44] Friday, only on
[00:23:47] Telesur.
[00:24:20] We're back on economic impact, we're going to start, if you allow us, our digital tour and we'll do it
[00:24:23] with Sputnik, a portal that offers us the following headline:
[00:24:27] Russia will sell diesel to international markets without any
[00:24:30] problem. Kremlin spokesman Dmitry Peskov reported
[00:24:34] that Russia will sell its diesel without problems thanks to the
[00:24:37] enormous global demand, due to high international interest, and in
[00:24:41] reference to the question of whether any country had already requested Russian
[00:24:46] restrictions, Peskov indicated that it is not
[00:24:50] mandatory as sales go through independent
[00:24:53] traders.
[00:24:59] We move on to TV BRICS which informs us that the energy storage market in
[00:25:03] India could multiply by almost 48 by
[00:25:07] 2032. According to official data, the total
[00:25:10] capacity of these systems will increase from
[00:25:14] 6.3 GWh in the fiscal year
[00:25:16] 2026 to 302 GWh
[00:25:20] in 2032, which would mean multiplying the current level by almost
[00:25:24] 48. In turn, the annual increase in capacity
[00:25:27] could go from 5.7 GWh
[00:25:30] to 56 GWh, and the annual
[00:25:33] growth rate of the sector could reach
[00:25:36] 91%. For its part, the Central Electricity
[00:25:39] Authority of India stated that the country's needs for
[00:25:43] battery energy storage will reach
[00:25:46] 236 GWh by 2032 and will reach
[00:25:50] 1840 GWh in
[00:25:53] 2047.
[00:26:02] We conclude our digital tour by visiting the portal of our home Telesur which informs
[00:26:06] us that Brent crude exceeds $105. Brent
[00:26:10] crude, the most relevant reference for global
[00:26:13] prices, increased up to 3% on Sunday and
[00:26:16] surpassed $105 per barrel. By October
[00:26:20] 9, the price approached $104, remaining at
[00:26:23] historically high levels that put pressure on
[00:26:26] global South economies, and last week attacks against oil
[00:26:30] tankers crossing the Strait of Hormuz
[00:26:33] reached their highest level since the beginning of the conflict between the United States and
[00:26:36] Iran. These increases show signs of continuity given
[00:26:40] the prolongation of the conflict in West Asia and the volatility of
[00:26:44] transit through the Strait of Hormuz.
[00:26:57] Let's review the oil indicators at the beginning of today's session.
[00:27:01] West Texas Intermediate (WTI) reached a price of
[00:27:04] $93, an increase of
[00:27:07] $1.13. In the case of Brent crude, a benchmark
[00:27:11] in Europe, its price was in this case $105.98,
[00:27:15] an increase of $1.27.
[00:27:18] Finally, I tell you that the crude oil averaged by OPEC reached a price of
[00:27:22] $110.81.
[00:27:24] So
[00:27:44] we reach the end of this broadcast, as always, thank you for starting your
[00:27:47] company, sorry, week with the best company which is Telesur, my name is Daniel Rosas, I bid you
[00:27:50] farewell for now, but we'll see each other soon with more economic impact, please stay tuned to our
[00:27:54] signal.
[00:27:56] The mind is the basis for maintaining a
[00:28:13] healthy body.
[00:28:17] Promoting self-care facilitates our quality of life
[00:28:20] and invites us to explore the advances of
[00:28:22] science. Research, analysis
[00:28:26] and prevention of diseases that exist in the
[00:28:29] world today. Guide your
[00:28:33] body every Tuesday,
[00:28:36] only on Telesur.
[00:30:50] Well, here we are then entering digital connection, this
[00:30:53] space that allows us to search for information that is in the media
[00:30:59] social networks.