f-16 deal controversy triggers resignations as peru freezes $3.5 billion defense agreement

f-16 deal controversy triggers resignations as peru freezes $3.5 billion defense agreement

Peru has been thrown into fresh political turbulence after a major defense deal with the United States was abruptly put on hold, sparking high-level resignations and raising concerns about the country’s global credibility. On Wednesday, Peru’s foreign minister Hugo de Zela and defense minister Carlos Diaz stepped down in protest after interim president Jose Maria […]

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Venezuela Signals a New Era for Oil and Diplomacy as US Firms Set to Return

Venezuela Signals a New Era for Oil and Diplomacy as US Firms Set to Return

Venezuela has taken a decisive step toward reshaping its economic future by moving to reopen its long-closed oil sector to private investors, including major United States energy companies. Lawmakers in Caracas have given initial approval to a reform bill that could reverse decades of strict state control and mark a dramatic shift in the country’s […]

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