In 2023, with the United States’ approval, Honduras initiated the modernization of its air force by upgrading its previously inactive F-5 jets. This move was crucial because Honduras could not buy parts needed for the jets from the U.S. without this approval. Honduras has made it into a global list of the top 100 nations […]
Related Posts
Cabo Verde Sees 2.6% Inflation Drop
In September, Cabo Verde’s inflation rate reached 2.6%, the National Statistics Institute (INE) reported, marking a 0.3% dip from August. This change continues the previously noticed slowdown in inflation, which saw a minor uptick in August. When setting aside energy and unprocessed food costs, September’s core inflation was 2.7%, dropping 0.7% from August. Considering the […]
Japan Faces Economic Risks from US Inflation and Chinese Deflation
Japan’s economic stability is under scrutiny due to varied pressures from China and the U.S., the nation’s main trade allies. Fukutome warns of dual threats: deflation from China and potential U.S. inflation, especially amid the prospect of Trump’s policy resurgence. Trade dependency makes Japan susceptible to external economic trends. For instance, cheaper Chinese steel and […]
Exxon Proceeds with Guyana Plans Amid Venezuelan Dispute
ExxonMobil is unwavering in its Guyana exploration and production despite Venezuelan President Nicolás Maduro’s territorial claims. Liam Mallon, President of ExxonMobil Upstream, confirmed the focus on their contracted area in a Bloomberg TV interview. Exxon now yields about 645,000 barrels daily in Guyanese waters, a stark increase from five years ago. Mallon underlined Exxon’s commitment […]