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President Trump is considering extending Chevron’s sanction waiver for Venezuela after allowing it to lapse earlier this year. This decision follows discussions about imposing tariffs on nations buying Venezuelan oil …
Trump Weighs Extension of Chevron’s Venezuela License Amid Geopolitical Tensions Read More
Nigeria’s efforts to revitalize oil production face new challenges due to sabotage of the Trans-Niger Pipeline, which affects exports. President Tinubu’s state of emergency reflects underlying political instability contributing to …
Nigerian Oil Pipeline Sabotage Threatens Crude Output Revival Read More
China Civil Engineering Construction Corp (CCECC) is investing $1.4 billion to modernize the TAZARA railway line linking Zambia’s copper mines to Tanzania’s largest port, aiming to address existing operational challenges, …
China’s $1.4 Billion Investment to Upgrade TAZARA Railway Read More
Jio Financial Services and Allianz SE have made a preliminary agreement to create an insurance business in India, following Allianz’s sale of its stake in a Bajaj Finserv joint venture. …
Jio Financial and Allianz SE Collaborate for New Insurance Venture in India Read More
Brazil’s Central Bank has raised its benchmark interest rate to 14.25% for the third consecutive time to address inflation, which has surged to 5.06% due to rising costs in essential …
Brazil’s Central Bank Increases Interest Rate Amid Rising Inflation Concerns Read More
Colombia’s Energy Minister proposes that wealthier households and corporations take on government debts owed to power distributors to avert utility closures. The proposal needs Congress’s approval and comes in light …
Colombia Aims to Shift Electricity Debt to Prevent Utility Closures Read More
Argentina’s economy experienced a 1.4% growth in Q4 2024, its second consecutive quarter of expansion under President Javier Milei. This growth, along with a potential IMF agreement, enhances Milei’s electoral …
Argentina’s Economy Shows Growth Amid Anticipated IMF Agreement Read More
Argentina’s lower house of Congress approved President Milei’s decree to support a new IMF deal. The legislation, which only required one chamber’s approval, facilitates the announcement of programme details. Protests …
Congress Supports Milei’s Decree for New IMF Agreement in Argentina Read More
A potential summit between Vladimir Putin and Donald Trump may occur in Saudi Arabia, focusing on negotiations for a ceasefire in Ukraine. US Special Representative Steve Witkoff expressed optimism about …
Potential Putin-Trump Meeting in Saudi Arabia Amid Ukraine Ceasefire Discussions Read More
Cyclone Jude has led to 17 fatalities, with 16 in Mozambique and 1 in Madagascar. The cyclone has caused severe injuries, displacement of thousands, and damage to infrastructure. Approximately 400,000 …
Cyclone Jude Leaves 17 Dead and Causes Extensive Damage in East Africa Read More