Venezuelan President Nicolás Maduro has called on Guyana to resume negotiations under the 1966 Geneva Agreement to resolve the long-standing territorial dispute over the Essequibo region.

This appeal, made on February 17, 2025, marks the latest development in a conflict that has intensified due to significant oil discoveries in the contested area.

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Category: Brazil

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Brazilian state-owned oil company Petrobras announced plans to acquire oil fields in Africa to counter an expected production decline starting in 2030.

Sylvia Anjos, Petrobras’ Director of Exploration and Production, confirmed the company’s interest in fields located in Angola, Namibia, and South Africa.

Talks are underway with major players like

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Peru achieved a $23.821 billion trade surplus in 2024, substantially surpassing the $17.678 billion taped in 2023, according to the Central Reserve Bank of Peru (BCRP). This marks a 3.5-fold boost compared to 2019, highlighting the country's export-driven economic recovery. Exports reached $75.916 billion in 2024, growing 12.4% year-on-year. Dec
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Cuba's federal government faces growing criticism for leveraging prisoner releases to resolve its aggravating economic and political crises.On January 14, 2025, outgoing U.S. President Joe Biden got rid of Cuba from the U.S. list of state sponsors of terrorism, pointing out a Vatican-mediated arrangement under which Havana promised to release 553 prisoners.However,
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Brazil's fiscal outlook remains a concern as government spending decreased in 2024, yet public accounts remained in deficit and gross debt climbed.Analysts highlight that mandatory future costs, which account for roughly 95% of the federal budget plan, worsen the unpredictability. This situation raises doubts amongst investors about the
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The Latin American steel market faces mounting pressure as Chinese imports disrupt local markets, threatening tasks and financial stability.The Latin American Steel Association (Alacero) alerts that China's state-subsidized steel production has actually developed an irregular international market, displacing regional makers and putting 1.4 million jobs at risk.To
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  1. [Brazil] - Brazil's João Fonseca Stuns Tennis World with Historic Argentina Open Victory at Age 18
  2. [Brazil] - Shein Targets 50,000 Sellers in Brazil Amid Aggressive Regional Growth Plans
  3. [Brazil] - Brazil's Financial Morning Call for February 17, 2025
  4. [Brazil] - Brazil's Largest Offshore Oil Platform Begins Operations in Pre-Salt Region
  5. [Brazil] - São Paulo Records Lowest Unemployment Rate in 12 Years

G-Token plan draws criticism

              

Tremor-proof properties touted by Sansiri

              

MNA Mubarak Zeb's resident targeted with IED

              
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