Venezuela, under Nicolás Maduro’s leadership, has accused Brazil of “inexplicable and immoral aggression” for opposing its entry into BRICS. This accusation comes from a regime facing international criticism for its own governance practices and human rights record. The July 2024 Venezuelan presidential election was marred by allegations of fraud. International observers noted significant irregularities, while […]
Related Posts
Ecuador Undergoes Major Military Leadership Reshuffle
Ecuador’s President, Daniel Noboa, has reshaped the nation’s military leadership early in his 18-month term. This significant move involves appointing new Army, Navy, and Air Force commanders. Noboa’s decision, formalized through an executive decree, came just six days into his presidency. Rear Admiral Jaime Vela now leads the Joint Command, signaling a new direction for […]
Yen at Crossroads Ahead of Policy Talks
The global currency market is highly tense, awaiting the Bank of Japan’s crucial two-day meeting, much like a volcano on the brink of eruption. For the past month, the Japanese yen has been stable against the dollar. Many wonder if the BOJ’s decisions could change this. The BOJ has kept its policy rate below zero. […]
Bolivia Central Bank Boosts Reserves with Gold
Two months following President Luis Arce’s new law, Bolivia’s Central Bank bought 205 kg of gold to boost its declining foreign reserves. The bank says the new buys are nearly 30% of gold acquired in 12 years. The law paves the way for more gold purchases. This will help increase Net International Reserves (NIR). Bolivia’s […]