Libya faces a significant economic challenge as the Sharara oil field, its largest, has ceased operations. This critical development emerged following protests over fuel shortages, impacting the nation’s oil production. The National Oil Corp., Libya’s state-owned oil entity, announced the shutdown on Sunday, invoking ‘force majeure’. This legal term releases the company from its contractual […]
Related Posts
Escalating demand for essential minerals made easier with AI technology
The escalating demand for essential minerals can be significantly made easier with the application of artificial intelligence (AI) technology. This is especially vital for electric vehicle (EV) batteries, renewable energy technologies, and semiconductors, as these sectors rely heavily on a consistent and optimized supply of these key minerals. AI can help streamline the supply chain […]
Russia pledges to strengthen Algeria’s military potential and improve stability in North Africa
The Defense Minister of Russia, Serguéi Shoigú, expressed willingness to strengthen the military capacity of Algeria during a meeting with the Algerian Army Chief of Staff, General Said Chanegriha. As per an official statement, the Russian Defense Ministry aims to boost the Algerian Armed Forces’ military potential. Shoigú emphasized Russia’s interest in Algeria taking a […]
São Paulo Mayoral Runoff: Low Rejection Rate Gives Nunes Edge Over Boulos
Ricardo Nunes and Guilherme Boulos enter the final stage of São Paulo’s mayoral race, facing off in a runoff election. Nunes (center-right), the current mayor, secured a narrow lead in the first round with less than 30,000 votes separating him from Boulos (left). Nunes enters the runoff with several advantages. He enjoys lower rejection rates […]