2024-01-31 02:48:21
The economic opening of Venezuela since the end of 2022 allowed the resurgence of many industries in the country, the one that benefited the most was entertainment with the holding of concerts, especially last year, when 20 shows of this type were held.
Likewise, event and food organization companies also benefited from the shows in the different states. For this 2024 two of the most anticipated shows are that of the Puerto Rican Luis Miguel and the Colombian Karol G.
The first of them will be held at the Simón Bolívar Monumental Stadium, according to Invershow, the organizing company, the event is scheduled for February 12, while the one from New Granada will be a double function at the same sports venue on the 22nd and 23 of the mentioned month.
But there is a detail with these shows and international artists, and that is their payment in dollars. The alarms went off not only for the entertainment industry but for all sectors, following the United States government announced the reinstatement of some sanctions on the country.
If the measures once morest the Government of Nicolás Maduro are strengthened, sponsors and producers will find it difficult to move their money to Venezuela to be able to finance these large concerts, since no one is going to risk having their accounts blocked by a bank in the US.
What is happening in Venezuela?
This reactivation of the economic blockades occurred following last Friday, January 26, the Supreme Court of Justice (TSJ) ratified the 15-year disqualifications of politicians María Corina Machado and Henrique Capriles. These decisions were considered to violate the provisions of the Barbados Agreement between the opposition and the government of Nicolás Maduro.
This opening quickly helped the country to greatly curb the inflationary process and for Venezuela to end up as the South American nation with the highest GDP growth during 2023.
The US Office of Foreign Assets Control, following the decision of the TSJ, took as its first measure to revoke the license of the state company Minerven to market Venezuelan gold. This Tuesday, January 30, the North American organization announced the same action once morest oil and gas companies.
While White House spokesman John Kirby warned the Government of Nicolás Maduro that “they have until April to comply with the agreements reached with the opposition before the United States sanctions them once more.”
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