In 2023, Petrobras marked itself as the world’s fourth-highest-earning oil company, boasting profits of $24.9 billion. This achievement came even as its earnings dipped from the prior year, moving it up the profitability ladder among global oil giants. Petrobras stood out among state-owned entities, securing second place, right after Saudi Aramco. The Saudi powerhouse topped […]
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(Opinion) Bolivia has often been a surprising headline-maker, from multi-million dollar international drug trafficking and corruption cases to irregular economic assertions. Now, it’s the spotlight of a significant security issue through a freshly inked agreement with Iran involving the purchase of Iranian drones by Bolivia. This alliance between Bolivia and Iran’s regime has raised international […]
Global Response to Red Sea Security Threats
The United States has spearheaded the creation of a 10-nation coalition to safeguard the Red Sea. This initiative aims to counter the Houthi rebels’ missile and drone attacks on shipping vessels. Nations like Britain, France, Bahrain, and Italy are part of this task force. Their joint goal is to protect the crucial maritime route from […]
ECOWAS said to be leaning against military intervention in Niger
The likelihood of ECOWAS, with Nigeria at the forefront, pursuing military action against Niger seems minimal. In anticipation of the upcoming ECOWAS summit, insiders from the Nigerian government indicate that the West African coalition won’t support military action in Niger following the recent coup there. A key driver behind this sentiment is Nigeria’s influential entities’ […]