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00:00:23capable of, I always say, of what
00:00:24greatest socioeconomic crisis in
00:00:43announced that a reform of
00:00:50We are starting another broadcast of economic impact through the Telesur signal,
00:00:54also starting another week with all the pleasure of being able to accompany you, my name is Daniel, on behalf of this
00:00:58great team, welcome. Let's start with the headlines of this
00:01:02broadcast.
00:01:06In our world today, the acting president of Venezuela announced the socioeconomic
00:01:10advances of the Venezuela Renace
00:01:13Plan.
00:01:19to avoid a more pronounced jump in In our analysis space, we will be
00:01:21addressing Argentina and how the socioeconomic crisis of that
00:01:25country is
00:01:26deepening.
00:01:31And in our digital tour, Russia will sell diesel to international
00:01:35markets without any problems, the Kremlin assures.
00:01:38Let's start with the details of the information.
00:01:51session of the United To begin, we start this world today with Venezuela
00:01:53and as part of the Venezuela Renace Plan, the government of that country
00:01:57reported on the progress in the recovery and
00:02:00private companies and formal rehabilitation of homes with actions aimed at families in
00:02:03Caracas and in different states of the country, this was announced by the
00:02:07acting president Delsi Rodríguez, whom we hear at this
00:02:10moment. In terms of housing, we have
00:02:13rehabilitated and delivered
00:02:152,422 homes in Caracas, with
00:02:19special attention in the municipalities of Libertador and
00:02:22Chacao, as well as in the states of La Guaira, Miranda, and
00:02:26Aragua, benefiting 8,800
00:02:3062 people, also 700 new
00:02:33homes have been delivered in six states of the country and in
00:02:37La Guaira 686 homes were
00:02:41recovered, benefiting
00:02:433,358
00:02:46people. We also continue to rehabilitate
00:02:4920,083 homes that will collectively
00:02:53benefit 82,205
00:02:57people in three states of the country.
00:03:02We continue in Venezuela, which has reached 3 consecutive years of economic growth
00:03:06and CEPAL estimates that it will close 2026 at
00:03:10more than 6.5%, one of the sectors that are
00:03:13being renewed is the electrical one, the report with Madelin
00:03:16García. Spare parts continue to arrive for the
00:03:19different thermoelectric plants of
00:03:21Venezuela,
00:03:24engine and lubrication pump of the generator so that it keeps the
00:03:27oil in the generator as such, the engineers do not stop
00:03:30working, they change the old parts for the
00:03:34new ones, little by little they are reactivating the
00:03:37equipment to generate megawatts, private Venezuelan
00:03:41companies do it together with the workers of the national
00:03:44electric system, we are checking and verifying each signal and each
00:03:48equipment, performing maintenance and adjustments to leave them in operational
00:03:51conditions, we are incorporating
00:03:56diesel after the lifting of export megawatts into the system to seek system
00:03:58conditions, to improve
00:04:00this... begins to the national electric system, that's what it's about, if we are
00:04:03recovering, of course we are, the goal is to
00:04:06recover in the medium term the electric sector that was affected by the
00:04:10illegal sanctions of the United States by not being able to have
00:04:13access to original spare parts,
00:04:17waiting for the spare parts, the spare part has already arrived, let's go forward, my love,
00:04:20when it's 24 hours we give it 24 hours of rest every
00:04:24day, from 7 to 7 in the evening, from 7 to 9, from 7 to
00:04:2710, aha, we have to give it. but for that
00:04:31we are looking for that, for the country to
00:04:34build and for the things that are being lent, let's have a better
00:04:38functioning with electricity, little by little we are going,
00:04:41the earthquake affected 800 MW and of those 600
00:04:4625% less than what the were recovered three months after the seismic double which
00:04:48destabilized electricity mainly in three states
00:04:52of the central west of the country. Trust
00:04:56system, but specifically with the interpretation of us because we are guarantors of the national electric system. We are
00:05:00focused, committed and even
00:05:03in love with what the electric system is and its good
00:05:06functioning, its good service, we are service
00:05:09providers with quality, with...
00:05:12information and well, with love for Venezuela too, so that
00:05:16Venezuela grows and Venezuela
00:05:19grew for the third consecutive year, despite the
00:05:22difficulties, the dialogue with private companies and the consensuses
00:05:25allowed the country to be ranked first
00:05:28in Latin America and has remained so, this speaks
00:05:32volumes of the effort of what we are
00:05:36we are capable of as Venezuelans and you as
00:05:39entrepreneurs in the most
00:05:43difficult environment of economic blockade, of financial
00:05:46blockade, you gave and have given your best
00:05:50to move forward, the acting president
00:05:52Delsi Rodríguez
00:05:56the electric system law is coming soon,
00:05:59soon and when I say soon I mean in the coming
00:06:02days, weeks, but it will not pass this year,
00:06:06a reform of the national electric system law of the electric
00:06:10service that allows private
00:06:14participation in the generation, transmission,
00:06:17distribution processes,
00:06:19this is something that we have also been discussing with the private
00:06:22sector. In addition to the electric sector, Venezuela has a clear
00:06:26growth path in other sectors such as petrochemical,
00:06:30oil with 61 agreements signed with different countries of the
00:06:34world.
00:06:42real alerted about the negative impact produced by the constant
00:06:46power outages in production throughout the national
00:06:49territory, the Ecuadorian business committee indicated that the extension of programmed
00:06:53disconnections from 48 to 72 hours per week threatens
00:06:57thousands of jobs and the income of numerous families, due to the lack of
00:07:00regular production shifts puts jobs and income at
00:07:04risk. In terms of exports, the Ecuadorian
00:07:07Federation of Exporters stated that it foresees negative consequences,
00:07:10emphasizing that 75% of the volume of exported cargo corresponds to
00:07:14perishable products that require conservation
00:07:17conditions and operational continuity, given this the Chamber of
00:07:20Industries and Production urged the authorities to consider
00:07:24alternatives and generalize savings in all sectors, given
00:07:27that with this rationing, production and business
00:07:31commitments
00:07:32would be affected.
00:07:36We now travel to Italy, which hosts the United Nations Food and Agriculture
00:07:40Organization, where various debates related to the future of food
00:07:44systems worldwide are held, international
00:07:46authorities along with scientists and farmers are in the
00:07:50city of Rome participating in the event under the slogan innovate
00:07:54today, feed tomorrow, which are scheduled
00:07:57until October 16 within the framework of World Food
00:08:01Day. The forum aims to share local and
00:08:03international experiences and best practices to accelerate
00:08:07the efficiency, inclusion and sustainability of global
00:08:10agri-food systems, global youth action, the science
00:08:14and innovation forum and the investment forum of the Hand
00:08:18in Hand initiative are the three fundamental pillars that articulate
00:08:22the event,
00:08:23and in the speech of the acting president of
00:08:27Venezuela Delsi Rodríguez, she highlighted the nutritional
00:08:31recovery and the reduction of undernourishment in the country,
00:08:34emphasizing that the nation has proven experience in its
00:08:38fight for the eradication of hunger. Let's hear her.
00:08:41Venezuela is one of the countries in the
00:08:45region that has advanced the most
00:08:49recently in the reduction of
00:08:52undernourishment,
00:08:54indicators show a sustained reduction in the
00:08:58prevalence of undernourishment that reached
00:09:015.3% in 2025,
00:09:05according to figures from this organization and which
00:09:08this year is already 3%,
00:09:13be reflected there also where it matters most to us,
00:09:17among our boys and girls, among those
00:09:21under 5 years old, acute malnutrition
00:09:24was reduced from 14.8% in
00:09:282019 to 1.3% in
00:09:322025, this nutritional
00:09:35recovery is also expressed in other
00:09:39indicators, breastfeeding...
00:09:43today reaches
00:09:4473.7%,
00:09:47being one of the highest values in our
00:09:51region, thus,
00:09:54Venezuela has proven experience in the
00:09:58eradication of hunger, as recognized by the
00:10:01FAO. Within the forum, the Cuban president sent a
00:10:05message highlighting that the impact of armed conflicts and climatic
00:10:09changes directly affect countries in development. Here are his
00:10:13words.
00:10:15We live in a world traversed by serious global problems, which
00:10:19nevertheless have unequal impacts at the territorial
00:10:22level. Armed conflicts, the
00:10:26increasingly severe effects of climate change, recurrent
00:10:29economic crises, geopolitical
00:10:32tensions and growing
00:10:35inequalities affect developing countries more intensely
00:10:38and painfully, where millions
00:10:42of people continue to suffer hunger, food
00:10:46insecurity and malnutrition.
00:10:49In the described scenario, public
00:10:52policies for the transformation of agri-food
00:10:55systems are not only a technical priority that
00:10:58development imposes,
00:11:00they demand above all an ethical and political
00:11:04responsibility from all
00:11:06governments.
00:11:12I now tell you that the International Energy Agency asked its members for an
00:11:15assessment on the release of additional diesel
00:11:18reserves. The international organization indicated that all
00:11:22members have the task of evaluating whether to
00:11:25make more diesel releases, in addition to
00:11:28determining their scope, schedule and complementary nature, it also
00:11:32suggested that member countries that have not yet fully
00:11:36delivered the promised volumes accelerate
00:11:39pending releases giving priority to diesel before the meeting of the
00:11:43IEA Governing Board scheduled for October 15, this initiative aims to
00:11:46mitigate the crisis in the Strait of Hormuz on energy markets
00:11:50present in the world since the end of
00:11:542008.
00:12:05We make a pause, upon our return as part of our analysis section, we will be addressing
00:12:09how Argentina's socioeconomic crisis is deepening,
00:12:12I'll be back with all the details.
00:12:51Explore the truth behind every story with a deep
00:12:55and committed look, we decipher the details that
00:12:58shape our present and future, together with the voices
00:13:02of the people that resonate in every corner of the world.
00:13:05Telesur Reports, a unique
00:13:09authentic perspective that reveal the stories they try to
00:13:12hide and capture the essence of our
00:13:16continent, one story at a time, every Saturday,
00:13:19only on Telesur.
00:13:22Our planet is full of
00:13:27natural paradises that beautify the environment,
00:13:30and invite us to protect it from the threats that
00:13:33lurk, unknown wonders
00:13:36that await
00:13:38to be discovered by you.
00:13:42Join
00:13:44us to travel the world from a tourist
00:13:48perspective, let's move towards a
00:13:50new
00:13:54destination. Green every
00:13:56Wednesday, only on Telesur.
00:15:07These are images of Argentina, the economic recession in that country
00:15:11persists and already affects more than 15 million inhabitants below the poverty
00:15:14line. According to a recent report by the National Institute of Statistics
00:15:18and Censuses Selindec, Argentina's gross domestic product registered a
00:15:22decrease of 0.6% in the second
00:15:25quarter of the year compared to the previous quarter, at the same time poverty
00:15:29soared to 32.3% in the first
00:15:31half of 2026 and exceeded 15 million people, in a
00:15:35context marked by contradiction. Forgive me for the
00:15:38contraction of national economic activity and a severe setback
00:15:41in the narrative of libertarian president Javier
00:15:45Milei with his promise to reach an inflation of 0 point
00:15:48zero, this in August. With these data, the Argentine
00:15:52economy registered an interannual fall of 4.6%
00:15:55and trade fell by
00:15:575.1%.
00:16:05In addition to the above, there are the increases in services and tariffs
00:16:09authorized by the government that began in September and these
00:16:13already reach up to 5%. The increase
00:16:16applies a percentage of 1.75% in electrical
00:16:19services also to users of Edenor and Eden
00:16:23Sur in the metropolitan area of Buenos Aires and 1.4%
00:16:27in natural gas nationwide, framed in the energy emergency in force
00:16:31until 2027. To mitigate the impact on households, the executive
00:16:34increased total bonuses to 75% in electricity
00:16:38and 74.5% in gas and raised the light consumption
00:16:41bonus ceiling to 200 kWh per month,
00:16:45reversing the planned reduction of 150 kWh. The
00:16:48government indicated that this update responds to the international rise
00:16:52in energy costs, thus seeking
00:16:56bills.
00:16:57The administration of Javier Milei has
00:17:04been marked by a strong economic and productive
00:17:08setback between the end of 2023 and mid-
00:17:112026, the uninterrupted fall in activity in industries,
00:17:14trade and employment has critically deteriorated
00:17:17the operational viability of Argentine companies. More
00:17:21details, below:
00:17:23Between November 2023 and
00:17:26June 2026, the Argentine economy experienced
00:17:29a marked retraction under the administration of President Javier
00:17:33Milley, reflecting a deterioration in the sustainability of
00:17:38employment. According to a report by the Center for Argentine
00:17:42Political Economy based on data from the Superintendency of Labor
00:17:45Risk, the formal closure of 31,342
00:17:49productive units was registered, which
00:17:52represents a contraction of 6.1%,
00:17:55reducing from 512,357
00:17:58to 481,015
00:18:01employers. This business crisis caused the loss of
00:18:05400. 34,126
00:18:07formal jobs, a reduction of the occupational mass by
00:18:114.4%. Sectors such as industry and
00:18:15construction have accumulated consecutive falls and explain
00:18:1861% of the total loss. This contraction responds to
00:18:22fiscal adjustment policies, the fall in domestic demand due to the
00:18:26loss of purchasing power, the increase in tariffs and imported
00:18:29openness. Thus, small and medium-sized companies with less
00:18:33liquidity have been the most affected, consolidating a recessionary
00:18:37scenario that compromises productive viability in the long
00:18:41term.
00:18:42Given this panorama, the General Confederation of
00:18:47Labor recently held a massive mobilization
00:18:51towards the Ministry of Industry in Buenos Aires to denounce the
00:18:55deterioration of the productive sector. Under the slogan
00:18:57The Malvinas are Argentine, national industry also, workers
00:19:01demanded a halt to the closure of companies and industries, for its part.
00:19:05The triumvirate of the
00:19:07trade union confederation criticized the measures
00:19:11of import liberalization and the lack of credit of President Javier
00:19:14Milei and warned that his neoliberal policy generates massive
00:19:17deindustrialization that destroys the productive fabric and
00:19:21increases unemployment. This protest is part of a scheme of
00:19:25escalating mobilizations before evaluating a fifth general
00:19:29strike.
00:19:40Beyond the deterioration in the industrial sector, Milei's administration has
00:19:43advanced in its privatization plan, recently adding
00:19:46water services to the list of companies transferred to
00:19:50the private sector. The government of Javier Milei has managed to take another step in
00:19:53its privatization plan, recently the economic
00:19:57offers for 90% of the share package of Agua y
00:20:00Saneamientos Argentinos and the company that supplies drinking
00:20:04water and sewers to 14 million users in Buenos Aires
00:20:08and 26 districts of the Conurbano, when the award is made, the
00:20:11remaining administrative step, the company
00:20:15will be in the hands of a consortium led by local businessmen who will pay
00:20:18340.2 million dollars for it, almost
00:20:23executive expected to collect, we highlight that it is the largest
00:20:27operation of the Milei administration's privatization program.
00:20:30That's
00:20:37not all, purchasing power in Argentina is experiencing a historic
00:20:41collapse, seriously eroding the purchasing power of citizens at
00:20:44all socioeconomic levels. Let's review the data: the vital
00:20:48and mobile minimum wage in Argentina collapsed by
00:20:5140.8% in real terms between November
00:20:552023 and September 2026, this strong
00:20:58contraction of purchasing power accelerated under the adjustment
00:21:02measures of Javier Milei's administration has plunged the legal
00:21:05minimum income to levels of purchasing power similar to those
00:21:09of April 2002, one of the periods of
00:21:14the country's recent
00:21:15history.
00:21:30We'll take a second break, please don't go, when we return as part of our
00:21:34digital tour, we will talk about Russia, it will sell diesel to international
00:21:38markets without any problem, at least that's what the
00:21:41Kremlin claims, I'll be back with the
00:21:43details.
00:22:06Enough of the illusion that the world's problems can be
00:22:10solved with nuclear weapons, bombs can kill the
00:22:13hungry, the sick, the ignorant, but they cannot
00:22:17kill hunger, diseases.
00:22:20ignorance, nor can they kill the just rebellion
00:22:23of the peoples and in the Holocaust the rich will also die,
00:22:27who are the ones who have the most to lose in this world.
00:22:30Fidel Castro. October 12, 1979,
00:22:34speech delivered in his capacity as president of the Non-Aligned
00:22:38Movement at the 34th
00:22:41Nations General Assembly, New York, United
00:22:44States.
00:22:45The South American Giant is
00:22:50in constant evolution. Join
00:22:53Beto Almeida and his guests in Latitud
00:22:57Brasil, a conversation where the most important
00:23:00aspects of daily Brazilian events in the political,
00:23:04social, economic and
00:23:08cultural panorama are discussed. Every
00:23:11Wednesday, only on
00:23:14Telesur.
00:23:15Every day new
00:23:23events and scenarios unfold in Latin America and the world, that's
00:23:26why we always have our agenda
00:23:29open.
00:23:31Remember to follow
00:23:37us through our multiplatform and be part of the most
00:23:41relevant events every day. Monday to
00:23:44Friday, only on
00:23:47Telesur.
00:24:20We're back on economic impact, we're going to start, if you allow us, our digital tour and we'll do it
00:24:23with Sputnik, a portal that offers us the following headline:
00:24:27Russia will sell diesel to international markets without any
00:24:30problem. Kremlin spokesman Dmitry Peskov reported
00:24:34that Russia will sell its diesel without problems thanks to the
00:24:37enormous global demand, due to high international interest, and in
00:24:41reference to the question of whether any country had already requested Russian
00:24:46restrictions, Peskov indicated that it is not
00:24:50mandatory as sales go through independent
00:24:53traders.
00:24:59We move on to TV BRICS which informs us that the energy storage market in
00:25:03India could multiply by almost 48 by
00:25:072032. According to official data, the total
00:25:10capacity of these systems will increase from
00:25:146.3 GWh in the fiscal year
00:25:162026 to 302 GWh
00:25:20in 2032, which would mean multiplying the current level by almost
00:25:2448. In turn, the annual increase in capacity
00:25:27could go from 5.7 GWh
00:25:30to 56 GWh, and the annual
00:25:33growth rate of the sector could reach
00:25:3691%. For its part, the Central Electricity
00:25:39Authority of India stated that the country's needs for
00:25:43battery energy storage will reach
00:25:46236 GWh by 2032 and will reach
00:25:501840 GWh in
00:25:532047.
00:26:02We conclude our digital tour by visiting the portal of our home Telesur which informs
00:26:06us that Brent crude exceeds $105. Brent
00:26:10crude, the most relevant reference for global
00:26:13prices, increased up to 3% on Sunday and
00:26:16surpassed $105 per barrel. By October
00:26:209, the price approached $104, remaining at
00:26:23historically high levels that put pressure on
00:26:26global South economies, and last week attacks against oil
00:26:30tankers crossing the Strait of Hormuz
00:26:33reached their highest level since the beginning of the conflict between the United States and
00:26:36Iran. These increases show signs of continuity given
00:26:40the prolongation of the conflict in West Asia and the volatility of
00:26:44transit through the Strait of Hormuz.
00:26:57Let's review the oil indicators at the beginning of today's session.
00:27:01West 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
00:27:11in Europe, its price was in this case $105.98,
00:27:15an increase of $1.27.
00:27:18Finally, I tell you that the crude oil averaged by OPEC reached a price of
00:27:22$110.81.
00:27:24So
00:27:44we reach the end of this broadcast, as always, thank you for starting your
00:27:47company, sorry, week with the best company which is Telesur, my name is Daniel Rosas, I bid you
00:27:50farewell for now, but we'll see each other soon with more economic impact, please stay tuned to our
00:27:54signal.
00:27:56The mind is the basis for maintaining a
00:28:13healthy body.
00:28:17Promoting self-care facilitates our quality of life
00:28:20and invites us to explore the advances of
00:28:22science. Research, analysis
00:28:26and prevention of diseases that exist in the
00:28:29world today. Guide your
00:28:33body every Tuesday,
00:28:36only on Telesur.
00:30:50Well, here we are then entering digital connection, this
00:30:53space that allows us to search for information that is in the media
00:30:59social networks.