Venezuela and Cuba have inked a new agreement for their state-run oil firms, Pdvsa and Cupet, to collaborate. They aim to boost joint efforts in energy research and development. Official reports say the deal covers many areas. These include oil exploration, production, and refining. Petrochemical projects are also part of the plan. Carlos Canelón leads […]
Related Posts
China’s March Export Slump Exceeds Projections
March 2024 saw a significant decrease in China’s exports, plummeting by 7.5% compared to the previous year, after four months of consistent growth. This decline sharply deviated from the modest 2.3% reduction forecasted by economists and starkly contrasted with the 7.1% increase recorded in the initial two months of the year. Data highlights a substantial […]
AMLO’s Last Year Marked by Unmatched Spending Boost
Mexico has again entered the global bond market this year, offering sustainable euro-denominated bonds. This move follows its largest-ever bond transaction in Latin America, completed just weeks ago. The country is now selling 2 billion euros (about US$2.2 billion) in sustainable sovereign notes, maturing in eight years. The sale is managed by Banco Bilbao Vizcaya […]
China imposes export restrictions on gallium and germanium and intensifies chip warfare
China has announced restrictions on the export of gallium, germanium, and certain compounds in response to export bans imposed by the US and Japan on advanced chips and chip-making equipment. Starting August 1, Chinese chemical suppliers will need government licenses to export 38 products, including gallium nitride (GaN) and germanium dioxide (GeO2), used in chip […]