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Beyond diamonds: Botswana’s proactive approach to economic diversification and sustainability
Botswana, recognized for its abundant diamond reserves, is preparing for a future without these precious stones. The Southern African nation’s diamond supply is anticipated to exhaust by 2052. Consequently, Botswana is harnessing its natural wealth prudently, focusing on economic diversification and resilience. Historically, Botswana has demonstrated an impressive economic trajectory, majorly attributed to the prudent […]
Peru Grants Entry to U.S. Military Personnel for APEC Summit Support
The Peruvian Congress has approved President Dina Boluarte’s request to allow US military personnel into the country. This decision comes as Peru prepares to host the Asia-Pacific Economic Cooperation (APEC) Leaders’ Summit. The authorization permits 600 American troops to enter Peru from November 4 to 24. The proposal passed with 63 votes in favor, 23 […]
Challenges Ahead: Pemex’s Declining Oil Production
As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for a downturn in oil production, an issue pressing both economically and politically for Mexico. Pemex, the state-owned oil giant, forecasts a drop to 1.85 million barrels of crude oil and condensates per day. This is a modest yet significant decrease from […]