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 […]
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Angola’s $3B Leap in Agribusiness and Industry
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Ecuador Assembly Ties Ex-President Lasso to Embezzlement
Ecuador’s National Assembly concluded that Guillermo Lasso, the former president, was involved in a corruption case. This case centered around the state oil company, FLOPEC. The legislative body’s final decision stated that Lasso played a key role. He knew about and approved the misuse of public funds. These funds were misappropriated in a deal with […]