China is actively defending its $3.5 billion Chancay port development project located along the coast of Peru. Cosco Shipping Ports is addressing a regulatory problem after Peru’s National Port Authority (APN) claimed that Cosco’s exclusive operating rights were mistakenly granted. This challenge puts Cosco in a precarious position regarding their operations in the region. Despite […]
Prime Minister Mark Rutte resigned after his coalition partners rejected his tough new line on refugees, favoring his own political future, critics say, over compromise.