Skip to main content

Featured

Venezuela Shifts Diplomacy: Embassies in Norway and Australia to Close, Focus Turns to Africa

  Venezuela announced it will close its embassies in Norway and Australia as part of a sweeping diplomatic restructuring. The government of President Nicolás Maduro described the move as a “strategic re-assignation of resources,” aimed at strengthening alliances in Africa. In place of the closures, Venezuela will open new embassies in Burkina Faso and Zimbabwe , which officials called “sister nations and strategic allies” in the fight against colonial and hegemonic pressures. Consular services for Venezuelans in Norway and Australia will continue through other diplomatic missions, with details to be provided in the coming days. The decision comes amid heightened tensions with the United States and follows weeks of geopolitical maneuvering. Norway’s foreign ministry confirmed the closure of the embassy in Oslo, while Australian officials have yet to comment publicly on the development. This shift underscores Caracas’ intent to reconfigure its global presence, prioritizing regi...
Post a Comment
Read more

article

Labels

China’s Economic Recovery in 2024: Challenges and Opportunities



China’s economy is expected to face a “slow and bumpy” recovery in 2024, according to a report by Bloomberg News. The report suggests that China is likely to hit its growth goal of about 5% for 2023, but deflation risks, the housing crisis, and a lingering confidence crunch could derail efforts to build momentum in 2024.

The Chinese government has been implementing targeted stimulus measures to boost the economy, but the recovery is expected to be slow and bumpy as these measures trickle through to investment sectors and the property recovery proceeds at a snail-like pace.


Labels:

Comments

Post a Comment