Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00in November, but we confirmed it in the last
00:00:04electoral process when Mr. Noboa asked four
00:00:08questions that we all said he
00:00:11would win, we all said he
00:00:14representation bodies of the would win, however, he lost in all four with 70% against.
00:00:18None of the political
00:00:21forces, no political force promoted that
00:00:24campaign for the "no," it was a spontaneous campaign by the
00:00:28place housing and the cost of people. People on their social media, in their closest
00:00:32circles, launched a campaign
00:00:35against Noboa and he lost with more than 70% in that
00:00:39popular consultation in the four questions. Therefore, there is already a
00:00:43real demonstration that
00:00:46services placed it above the common people, the people on the street are fed up with Mr. Noboa's
00:00:50lies, they are fed up with authoritarianism,
00:00:54they are fed up with
00:00:5552.9%, abuses and they are
00:00:56increase in gasoline fed up with the poverty into which he has
00:00:58plunged us. And with his personal
00:01:01enrichment, the assets declared
00:01:05by Mr. Noboa, which he does every year before the Comptroller's Office,
00:01:08have shown that his
00:01:12assets increased by
00:01:15460% in one year, and
00:01:19he goes around in Bentleys and he goes around in a Rolls-Royce
00:01:22car, in a country that is dying of hunger and is dying of murder and
00:01:26is dying of illness. So, everything he
00:01:30does becomes
00:01:32weakened to 48 in With these results, the accumulated growth of an insult to the suffering people in this
00:01:35country.
00:01:38If we could measure it in this electoral process, it would be great, if
00:01:42they hadn't done everything they have done to cut back participation
00:01:45rights, the possibility of participation,
00:01:48political rights, electoral rights in this
00:01:52country, the Citizen Revolution would win in everything, in
00:01:56everything, absolutely everything, but since it has prevented, it has put all
00:02:00imaginable impediments,
00:02:02all, all imaginable impediments and will continue
00:02:06to put them, they are already trying to put an impediment to Pabel Muñoz,
00:02:09candidate for mayor of Quito and winner, they will put an
00:02:13impediment to Fiorella Aicasa, candidate for mayor of
00:02:16Guayaquil and winner,
00:02:19despite all that, despite everything, I
00:02:23think people are fed up,
00:02:25dissatisfied and waiting
00:02:28for some solution. speak in the immediate
00:02:31future, Felipe Vega, thank you very much for
00:02:35being with us, a big hug,
00:03:13sectors, also threaten
00:03:52the use of robots to Hello everyone, welcome, we are
00:03:54maintain traffic order at starting another week and another
00:03:57broadcast of "Economic Impact" through this channel, Telesur. My
00:04:02workers in performing name is Daniel Rosas, we are going to start, as every day, with the headlines of this
00:04:04broadcast.
00:04:10In our world today, the high cost of living in
00:04:14Argentina continues to deepen.
00:04:20In our analysis space, we will present a radiography of the US
00:04:23economy on the eve of the midterm
00:04:25elections.
00:04:31And in our digital tour, a new cyberattack causes
00:04:35millions in losses in dozens of supermarkets in Belgium and
00:04:38Sweden after raising the temperature of their refrigerators. Let's begin.
00:04:55We begin our world today in Argentina, where inflation in the month
00:04:58of September closed near 2% and
00:05:02new increases in product prices have been registered in recent weeks. According
00:05:05to official data, pre-paid medical companies raised
00:05:09the fees of their health plans by up to 2.88%.
00:05:13Meanwhile, private schools with state support increased their fees by up to
00:05:163% in November. In the transportation sector, the fares
00:05:20for the pre-metro and urban buses in the capital and the province of
00:05:23Buenos Aires increased by 3.9%. Regarding
00:05:26rental contracts, this November,
00:05:29according to the index and the agreed periodicity, it is estimated that the quarterly
00:05:32increase will escalate to 5.81%, the
00:05:35four-month increase to
00:05:387.82% and the six-month increase, listen,
00:05:4112.90%. 5%, while telephone,
00:05:44electricity and gas tariffs also registered increases that affect
00:05:48most Argentines. Given this panorama, experts do not rule out
00:05:52that inflation will continue to increase after the
00:05:55new tariff hike in basic public
00:05:58the inflationary rate of 1.9% in
00:06:01September.
00:06:09We now travel to Mexico, where the National Institute of Statistics and Geography
00:06:13(INEGI) reported an annual increase of 3.2% in productive
00:06:16activity during the third quarter of 2026, an indicator
00:06:20that raises the outlook on the pace of the Mexican economy in the final stretch of the
00:06:24year. According to INEGI, the largest boost came from trade and
00:06:27services with a growth of 3.3% compared to the same quarter of
00:06:312025. This was followed by the industrial sector with an advance of
00:06:353.1%, while primary activities such as agriculture,
00:06:39livestock and fishing increased by 1.8%.
00:06:44the Mexican economy so far this year also stood at
00:06:471.8%. For his part, the Secretary of Finance and Public
00:06:51Credit, Edgar Amador, attributed this performance to the
00:06:54convergence of several factors: greater public and private investment,
00:06:58recovery of manufacturing activity and expansion of services linked to
00:07:02productivity and consumption, a behavior that, according
00:07:05to the official, reflects that economic dynamism does not depend on a single
00:07:09sector.
00:07:18I'll tell you now that the government of the Russian Federation extended
00:07:21until the end of January 2027 the prohibition of
00:07:24selling diesel abroad by its producers. Russian
00:07:27authorities explained that this decision was taken to maintain
00:07:31stability in the domestic fuel market. Likewise, Russian
00:07:35Deputy Prime Minister Alexander Novak declared that
00:07:39along with the extension of the general prohibition, exceptions are being prepared
00:07:43for certain suppliers that can supply the global market, highlighting
00:07:46that this flexibility was implemented in last October and is planned for
00:07:50November. The official added that the supply of Russian diesel to global
00:07:54markets this month will amount to 2.15 million
00:07:58tons compared to the 510
00:08:01tons exported in
00:08:02October.
00:08:10And in other news, from today until November 5, the province of
00:08:14Xin Shenjiang in China, in eastern China,
00:08:18will host the World Internet Conference, and you can consult more
00:08:22information in the official coverage of
00:08:24precisely this sector. To see more information, we have
00:08:28prepared the following material.
00:08:31Since its creation in 2014, the World
00:08:34Internet Conference has established itself as a fundamental space for the
00:08:38debate of topics on development, innovation, problems, and
00:08:42policies of global internet technology. For this reason,
00:08:46the preparations for this new edition were carried out
00:08:49meticulously to make the experience more interactive. The
00:08:53organizers inspected everything from traffic control in electrical
00:08:56grids to telecommunications to
00:08:59ensure security during the event. On this occasion,
00:09:06intersections throughout the city stands out. Robot
00:09:09dogs and robots replace
00:09:14repetitive, high-intensity tasks that previously
00:09:18required manual labor on site.
00:09:21They mainly carry out inspection and infrared
00:09:25thermography of electrical supply equipment in
00:09:28substations, increasing efficiency and ensuring a
00:09:32reliable electricity supply for the Gushen summit of the
00:09:35World Internet Conference. With regard to
00:09:38connectivity, the conference has deployed throughout the city
00:09:41supports for 4K live broadcasts and
00:09:45high-bandwidth data for robots with built-in AI,
00:09:49as well as guided tours by artificial intelligence. With
00:09:52the deployment of the 5GA network, the
00:09:55simultaneous connection capacity of wireless
00:09:59terminals in these venues has multiplied by
00:10:022.5 compared to previous
00:10:05events. In particular, the Like of
00:10:08Internet exhibition pavilion can support
00:10:11about 10,000 people who simultaneously
00:10:14use mobile phones and other
00:10:18wireless terminals to communicate and transmit
00:10:21data. This summit will bring together
00:10:25Chinese and foreign participants, who will delve into innovation,
00:10:29security governance, cultural exchanges and international
00:10:32cooperation, as well as topics on cyberspace. It will also
00:10:36feature 27 sub-forums that will address topics such as trust,
00:10:39connectivity and interoperability between artificial
00:10:43intelligence agents, robotics, integrated
00:10:46artificial intelligence and spatiotemporal
00:10:48intelligence.
00:10:51We continue in the Asian giant, as China is expanding its
00:10:55renewable energy generation capacity in high-altitude
00:10:59regions. The country's electricity council reported that the proportion of
00:11:03installed capacity in these areas has increased over the past 5 years as part
00:11:06of the advancement of its clean energy infrastructure. The
00:11:10advance is significant: the share of renewable energies in the
00:11:13installed electrical capacity of these regions jumped from
00:11:1628.5% to
00:11:20representing an increase of 24.4 percentage
00:11:22points, according to the China Electricity Council. The same
00:11:26council highlighted that by the end of September, the installed capacity
00:11:29for new energy generation in these regions stood at
00:11:3225.6% of the national total, while for
00:11:36wind energy, it totaled 28.1%, and solar
00:11:40reached 24.9%. The growth is also reflected in the
00:11:43infrastructure in seven provinces and regions with an
00:11:47average altitude of 1500 meters or more, where the installed
00:11:51capacity of new energies increased from 144 to 476 MW
00:11:57in the last 5 years, which means its capacity
00:12:00has tripled in this
00:12:01way.
00:12:10We take a first break, when we return as part of our analysis space, we will make a
00:12:13radiography of the US economy, as you know, tomorrow are the midterm
00:12:17elections, so we will do this analysis, don't go away,
00:12:20we'll be back.
00:14:31One day before the midterm elections, inflation in the United States stands
00:14:35at 3.6%, although President
00:14:37Trump promised in his 2024 campaign to lower gasoline
00:14:41to less than $2 per gallon, the cost of living, fuel,
00:14:44and the loss of purchasing power remain the main
00:14:48concerns of voters. Annual inflation, for example, rose to
00:14:513.6% in September, two tenths above
00:14:553.4% in August, according to data provided
00:14:58by the Department of Commerce. Likewise, US crude oil remains
00:15:02above $100 per barrel, after the conflict in
00:15:06Iran. Before those tensions, it traded below
00:15:08$70. Gasoline is around $4.25
00:15:12per gallon on national average. In the same vein, core inflation, which
00:15:16excludes food and energy due to their frequent
00:15:19variations, reached 3.1% annually, one
00:15:22tenth more than in August. This is the indicator the Federal Reserve
00:15:26closely follows to decide its monetary policy. We highlight that the economy
00:15:30became a central theme of the campaign. Polls
00:15:33indicate that the majority of voters have an unfavorable perception of the economy
00:15:37and the management of prices by President Donald
00:15:40Trump.
00:15:50Consumer inflation in the United States gained momentum in
00:15:53September, driven mainly by rising
00:15:56energy costs. Official data indicated that the US consumer
00:16:00price index grew only 0.6% monthly and
00:16:043.7% year-on-year in September, compared to
00:16:080.4% and 3.4% in August respectively. In turn, the
00:16:11core consumer price index rose
00:16:140.3% from the previous month and
00:16:172.6% year-on-year, and the food
00:16:20price index rose 0.1% monthly in
00:16:23September, matching the August increase. Likewise, overall
00:16:26inflation increased 0.6% monthly, driven
00:16:30primarily by a 9.1%
00:16:33prices. These increases were attributed to rising energy
00:16:37costs, as well as increases in housing
00:16:40prices, car repairs, education,
00:16:44airline tickets, medical services, and clothing.
00:16:57And American confidence is continuously weakening due to
00:17:00rising prices. Recent consumer surveys at the University
00:17:04of Michigan indicated that the consumer sentiment index
00:17:10October of the current year. It highlighted
00:17:13that the index of current economic conditions fell to
00:17:1646.7, while the consumer expectations index
00:17:20rose slightly to 48.8 from
00:17:2346.3 in September. It also highlighted that inflation expectations for
00:17:26October rose to 4.7%, along with
00:17:29long-term inflation expectations, which stood
00:17:33at 3.5%. Likewise, the survey indicated that in
00:17:36October, the percentage of consumers who reported that high prices
00:17:40harmed their personal finances increased for the fourth consecutive
00:17:43month, reaching 56% compared to
00:17:4645% in
00:17:47January.
00:17:56And just one day before the legislative elections, federal
00:18:00cuts in food and health assistance in the United States
00:18:03deepen the difficulties of vulnerable households and increase the pressure
00:18:07on food banks and community services. Let's see the details
00:18:11in the following material.
00:18:14Oscar Ochoa, a 65-year-old military veteran
00:18:17residing in Arizona, lost access to food aid and had
00:18:21to return to work as a bus driver to cope with the rising
00:18:24cost of basic products, especially
00:18:27meat. Right now, as we speak, food prices, meat,
00:18:31for example, are too high for me. That's why
00:18:34going to the community food bank is a great help, as they provide me
00:18:38with products that I otherwise would not be able to afford to buy in
00:18:41supermarkets. The modifications to the SNAP
00:18:44programs, intended for food purchases, and Medicaid, which guarantees
00:18:48health coverage for eligible
00:18:51residents who meet legal requirements, including
00:18:54refugees, asylum seekers, and survivors of trafficking and domestic
00:18:58violence. In New Jersey, authorities estimate that more than
00:19:02300,000 people could lose their Medicaid
00:19:05coverage as a result of federal
00:19:09changes. Before the cuts to nutrition programs
00:19:12implemented by the Trump administration, our food
00:19:15bank here in southern Arizona served about
00:19:19150,000 people a year. Now, we estimate that the
00:19:23numbers are approaching 200,000 people. On average,
00:19:26we are seeing an 18% increase in the number of
00:19:30people coming to use our services. The new
00:19:33access conditions incorporate verifications and procedures,
00:19:36while restricting the eligibility of certain
00:19:40immigrants who legally reside in the country. The
00:19:43consequences can translate into higher family expenses,
00:19:47medical bills that are difficult to cover, and a growing demand for
00:19:51public and community assistance. The impact transcends direct
00:19:54beneficiaries; when households reduce their purchases to
00:19:58compensate for the loss of aid, their consumption capacity is also
00:20:02affected. For the electorate that today suffers scarcity in their own
00:20:05home, the message is clear:
00:20:08government cuts do not benefit the consumer; on the
00:20:11contrary, they redefine the political landscape by making food
00:20:15security the most relentless reminder that decisions in Congress
00:20:19have a direct human cost that the polls will not hesitate to
00:20:23collect.
00:20:25For its part, wholesale inflation in the United States also reached
00:20:286.3% in September, its highest level in almost 4
00:20:32years. The Bureau of Labor Statistics indicated that the producer
00:20:35price index increased 1.3% during the month of
00:20:39September, while in August it grew 0.5% and in July
00:20:430.2%. The September index exceeded economists'
00:20:46forecasts, who predicted an advance of 0.6%
00:20:50monthly and 5.5% annually. Core
00:20:53wholesale inflation increased 0.5 percentage points in
00:20:56September, also above the increases of previous
00:20:59months.
00:21:02The course of the legislative elections in the midterm of November 3
00:21:06will be marked by weak employment and the economic pressure
00:21:10suffered by households in the United States. More details
00:21:13below.
00:21:15Although the White House defends its economic results,
00:21:19rising prices and the slowdown in contraction
00:21:22fuel discontent among different sectors of the
00:21:25population. Employers added just
00:21:2929,000 workers in September, while
00:21:32unemployment stood at 4.2%,
00:21:36according to federal figures cited in the report. At
00:21:39the same time, average hourly wages grew
00:21:433% year-on-year, below the 3.7%
00:21:46inflation, reducing the purchasing power of
00:21:50families. We are not seeing a large number of jobs added,
00:21:54we are not seeing solid sectoral participation in the jobs
00:21:57added, and that leads to longer job search
00:22:01times, it can also lead to longer periods of
00:22:03unemployment. Having a job and feeling financially
00:22:07secure are two different things, therefore, the midterm elections
00:22:10could boil down to the difference between economic statistics and economic
00:22:14experience. It's one thing to read the statistics, but of course, ordinary
00:22:17people are at the breakfast table analyzing their situation and seeing how it is not as
00:22:21promising as some want us to believe.
00:22:25Promises to recover manufacturing jobs through tariffs
00:22:28are still not reflected in a sufficient
00:22:32expansion of industrial employment. In addition,
00:22:35the incorporation of artificial intelligence is modifying
00:22:39opportunities for recent graduates. The contrast
00:22:42between macroeconomic indicators and everyday
00:22:45experience could become a political
00:22:49cost for Republicans amid concerns about housing,
00:22:52fuel, and
00:22:55food.
00:23:00On the eve of election day, these economic indicators set the stage
00:23:04for a vote in which citizens will choose which economic
00:23:08direction.
00:23:13At this time, we add live information from Venezuela. We are
00:23:16going to specify the images, it is a meeting.
00:23:20the acting president, Delcy Rodríguez, who receives the Minister of
00:23:24Economy and Territorial Cohesion of Portugal at Miraflores
00:23:26Palace, the Government Palace, an important
00:23:30meeting between the Venezuelan government and authorities of the
00:23:34Portuguese government, a European nation that is thus approaching the
00:23:38Caracas government on this November 2nd. Of course, it
00:23:41is also part of the alliance that the Bolivarian
00:23:45Republic of Venezuela maintains with various nations
00:23:48in the framework of reestablishing relations at the international
00:23:52level. There we see the acting
00:23:55president of Venezuela, Delcy Rodríguez, holding this meeting
00:23:59with members of the government of
00:24:02Portugal. We are talking, of course, about the Minister of Economy and Territorial
00:24:05Cohesion of Portugal, who is currently in the city of Caracas
00:24:08taking part in this meeting, this encounter
00:24:11with the authorities of Venezuela.
00:24:14It must be stated that Venezuela has, of course, been reestablishing
00:24:18relations at all levels
00:24:20during the last few months. We are talking about political
00:24:24and, of course, economic relations with various
00:24:27nations, both from the Latin American region
00:24:30and from Europe. On this occasion, we reiterate
00:24:34that the acting president of the country, Delcy Rodríguez, is currently
00:24:38meeting in the government palace of Caracas, Miraflores
00:24:41Palace, with authorities of the government of
00:24:44Portugal, a relationship that is not
00:24:47new. We are talking about a relationship that has been strengthening for
00:24:51years, decades, and which, of course, on this
00:24:54date, November 2nd, is still ongoing, this meeting, this
00:24:58encounter between the acting president and authorities
00:25:02of the Ministry of Economy of Portugal. Of course, the
00:25:05extended details will be available in future
00:25:13trucks to preserve food, while others
00:25:17suffered merchandise losses and had to discard products due to
00:25:21loss of refrigeration. Tens of millions of euros in
00:25:25losses were reported due to products affected by temperature
00:25:28changes and damage to machinery. It is worth noting
00:25:31that these incidents come just three weeks after a similar
00:25:35attack caused rapid thawing in at least 700
00:25:38supermarkets in France, as well as in several in the Netherlands
00:25:42and, uh, uh, in several, I mean, refrigerators in the Netherlands
00:25:46and also in Belgium.
00:25:54We move to Europa Press, which informs us that in Spain, the general
00:25:57strike on 11N already exceeds 4300
00:26:01adhesions in company committees and trade
00:26:03union sections. The Tenants' Union, in its most recent statement,
00:26:07reported that the adhesions counted 4,342.
00:26:11It highlighted that the call extends to the public sector with adhesions from
00:26:16staff of administrations and city councils. It stressed that there
00:26:20is also an individual adhesion channel to expand participation beyond
00:26:24trade union organizations and workplaces, and affirmed that the
00:26:27objective of the strike is to
00:26:31labor and social conflict, reminding
00:26:35that the call is not only directed against housing policies, but also against
00:26:38employers and large companies and governments that support an economic
00:26:42model in which those who work produce wealth
00:26:46and a few appropriate
00:26:47it.
00:26:55We continue with the Jets portal that shows us the
00:26:58following: Mercosur, European Union, Brazilian agribusiness
00:27:01exports grow by 14.8% in
00:27:056 months. Data from the Agrostat system of the Brazilian
00:27:08Ministry of Agriculture and Livestock indicated that during the first five months of
00:27:12the free trade agreement between Mercosur and the European
00:27:15Union, Brazilian agribusiness exports to the European
00:27:19bloc reached 12.210 billion dollars,
00:27:23equivalent to about 10.500 billion euros, and it was highlighted
00:27:27that among the sectors that grew the most in value includes agricultural products,
00:27:31especially honey and oilseed products other than
00:27:34soybeans. It should be noted that on November 1st, six months of
00:27:38provisional application of the free trade
00:27:41agreement
00:27:48were completed. And to conclude our digital journey, we visited Sputnik, which
00:27:51informs us that seven OPEC+ countries will maintain their crude
00:27:54oil supply unchanged in December. Saudi Arabia, Algeria, Iraq,
00:27:58Kazakhstan, Kuwait, Oman, and Russia have agreed to maintain
00:28:02crude oil supply levels unchanged in December. According to the table published by the
00:28:06organization, production volumes will remain at
00:28:0910.478 million barrels per day for Saudi
00:28:13Arabia, 9.949 million barrels per day for Russia,
00:28:174.431 million for Iraq,
00:28:202.676 million per day for Kuwait,
00:28:231628 barrels per day for Kazakhstan,
00:28:27and 1.7 million barrels per day for Algeria, as well as
00:28:30841 thousand barrels per day for Oman.
00:28:43Now we are going to review the oil indicators at the beginning of today's session, as
00:28:47every day, we start with West Texas Intermediate, the WTI from Texas,
00:28:51a benchmark in the United States, marks a price of
00:28:53$9.45, a drop of
00:28:57$4.68. The Brent barrel also saw a drop, in this
00:29:01case of $4.95 cents, registering a
00:29:04price of $108.45,
00:29:08while the crude oil averaged by OPEC marks a price of
00:29:11$112.14.
00:29:16We have reached the end of this broadcast. Thank you as always for your company.
00:29:20Telesurtv.net is our portal, there is more information and for now, stay
00:29:23tuned because my colleagues have more for you. My name is
00:29:27Daniel Rosa, we'll see you later with more economic impact. Until
00:29:30then.
00:29:49Internal tensions and citizen disapproval
00:29:52coincide with an energy emergency, the United States
00:29:55reaches a critical point, this November 3rd, the
00:29:59House of Representatives is renewed, a third of the Senate
00:30:02changes, and key prosecutor's offices determine
00:30:05governability. What will be Trump's real political weight after this
00:30:09day? The in-depth analysis, the geopolitical
00:30:12reading, and every real-time projection of these
00:30:16elections in a special program hosted by
00:30:19Paola Pérez. Along with our correspondents, Jorge
00:30:23Gestoso, Carlos Montero, Henry Camelo, José
00:30:27Leveña, Dan. United
00:30:30States decides 2026. Midterm elections
00:30:33through our multiplatform only on Telesur.