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The U.S. reviews its Venezuela sanctions policy amid rising tensions after Maria Corina Machado’s disqualification from the presidential elections.
This development challenges the U.S.’s earlier decision to ease trade restrictions, a move that contributed to an 8% growth in Venezuela’s economy last year, the highest in over a decade.
Washington’s e
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Read more: U.S. Reassesses Venezuela Sanctions Amid Election Row
Write comment (97 Comments)President Joe Biden’s administration plans to allocate billions in subsidies to key semiconductor companies, including Intel and TSMC.
This funding will support the building of new factories across the United States.
The Wall Street Journal reported that this initiative focuses on advancing semiconductor production for smartphones, artificial
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Read more: U.S. Invests Billions in Semiconductor Industry
Write comment (97 Comments)A recent study by Sports Value has appraised the top 40 football clubs in Brazil at a combined R$ 34.4 billion ($7.02 billion).
Flamengo and Palmeiras lead as the country’s most valuable clubs, jointly accounting for R$ 8 billion ($1.63 billion).
This valuation, as per Sports Value, factors in club assets, market potential, fan base size, and
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Read more: Brazil’s Top 40 Most Valuable Football Clubs Announced
Write comment (93 Comments)From 2014 to 2023, FC Barcelona recorded the worst transfer balance in world football, with a staggering loss of €631 million.
This negative outcome primarily resulted from high-cost acquisitions of players like Philippe Coutinho from Brazil and French stars Ousmane Dembélé and Antoine Griezmann, who collectively cost the club €390 million.
In
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Read more: Barcelona’s Record €631 Million Transfer Loss in World Football
Write comment (98 Comments)The US government has requested China to leverage its influence over Iran in curbing the Houthi rebel attacks in Yemen.
This appeal, aimed at protecting shipping in the Red Sea, was made during a meeting between China’s Foreign Minister Wang Yi and US National Security Advisor Jake Sullivan in Thailand.
Despite Beijing’s claim of addressing the i
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Read more: U.S. Urges China to Influence Iran, Curb Houthi Attacks
Write comment (99 Comments)Venezuela’s supreme court has barred opposition leader María Corina Machado from this year’s presidential race.
This decision casts doubt on a U.S.-Venezuela deal, linking sanctions relief to Venezuela’s commitment to fair elections.
The court confirmed a previous ban, preventing Machado, a leading candidate in opinion polls, from holding public
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Read more: Venezuela Restricts Opposition Leader’s Presidential Run
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