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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...

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Elon Musk Refocuses on Tesla Amid Profit Decline

Elon Musk, the CEO of Tesla, has announced plans to dedicate more time to the electric vehicle company starting in May. This decision comes in the wake of Tesla's first-quarter financial results, which revealed a significant 71% drop in profits, amounting to $409 million, or 12 cents per share. Revenue also fell by 9% to $19.3 billion, missing Wall Street's expectations.

The disappointing financial performance has been attributed to various challenges, including declining sales and backlash over Musk's involvement in the Department of Government Efficiency (DOGE), a federal initiative aimed at cutting government costs. Critics argue that Musk's political engagements have distracted him from his responsibilities at Tesla, leading to calls from investors for him to refocus on the company.

In response, Musk has assured shareholders that he will scale back his government-related activities and prioritize Tesla's operations. He emphasized the company's resilience, stating that Tesla has weathered tougher times in the past and remains financially stable. Musk also highlighted upcoming initiatives, such as the launch of a more affordable Model Y SUV and a driverless robotaxi service, as part of Tesla's strategy to regain momentum.

Despite the challenges, Musk remains optimistic about Tesla's future, expressing confidence in the company's ability to innovate and adapt in a competitive market.

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