The nationalization of the Kumtor gold mine in Kyrgyzstan has not lived up to official billing, in terms of expanding the flow of revenue into state coffers and driving growth. Company figures show production has steadily fallen in recent years, and income for the state budget has declined. President Sadyr Japarov’s administration took over management of the mine in 2021 from Centerra Gold, a Canadian firm, amid allegations of environmental hazards and mismanagement, as well as a dispute over profit-sharing arrangements. In 2022, after a…

Venezuela’s oil lifeline is unraveling—and it’s not just because of collapsing infrastructure or chronic mismanagement. It’s geopolitics, sanctions, and desperation, all swirling around Caracas as the U.S. slams the door shut. Last week, Venezuelan Vice President Delcy Rodríguez showed up in Beijing with an urgent ask: Buy more oil. Fast. With President Trump booting Chevron and other foreign firms out of the country by May 27 and slapping 25% tariffs on anyone who dares to buy Venezuelan crude, Caracas is scrambling…

Venezuela’s oil lifeline is unraveling—and it’s not just because of collapsing infrastructure or chronic mismanagement. It’s geopolitics, sanctions, and desperation, all swirling around Caracas as the U.S. slams the door shut. Last week, Venezuelan Vice President Delcy Rodríguez showed up in Beijing with an urgent ask: Buy more oil. Fast. With President Trump booting Chevron and other foreign firms out of the country by May 27 and slapping 25% tariffs on anyone who dares to buy Venezuelan crude, Caracas is scrambling…

Venezuela’s oil lifeline is unraveling—and it’s not just because of collapsing infrastructure or chronic mismanagement. It’s geopolitics, sanctions, and desperation, all swirling around Caracas as the U.S. slams the door shut. Last week, Venezuelan Vice President Delcy Rodríguez showed up in Beijing with an urgent ask: Buy more oil. Fast. With President Trump booting Chevron and other foreign firms out of the country by May 27 and slapping 25% tariffs on anyone who dares to buy Venezuelan crude, Caracas is scrambling…

1 de mayo de 2025.- El 1 de mayo de 2025, Francia fue escenario de tensas manifestaciones en el marco de las tradicionales movilizaciones por el Día Internacional de los Trabajadores. Las protestas se desarrollaron con incidentes en los que se produjeron enfrentamientos entre los manifestantes y la ...

Es 1 de Mayo de 2025. Han transcurrido 121 días del año y faltan 244 días para su terminación. Hoy es jueves. Las efemérides se refieren a sucesos, celebraciones o conmemoraciones significativas para un área del conocimiento, la cultura y las artes, la historia o la ciencia, ...

Just one week ago, China seemingly couldn't get enough of gold, and the price of spot briefly touched a record $3500 as a result of, among other things, staggering inflows into Chinese gold ETFs such as the Huaan Yifu, Bosera and Guotai gold ETFs. But, as with all things momentum-based in China, it's easy come, easy go in the land of Dragons, and as Goldman commodity trader Adam Gillard writes, China liquidated what it bought last week ahead of the Labor Day holiday, resulting in total onshore positioning now 5% off the ATH. And while China’s…

1 de mayo de 2025.- Tras mantener un bajo perfil después de su derrota electoral, la exvicepresidenta Kamala Harris reapareció este miércoles en la escena política en un discurso donde criticó duramente al presidente de EE.UU., Donald Trump, y alertó que el país está al borde de una "crisis constitu...

OPEC just pulled a plot twist. Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million bpd, according to a new Bloomberg survey published on Thursday. Half the decline came from Venezuela, where Chevron and other producers are winding down ahead of renewed U.S. sanctions. But the real head-scratcher? The UAE and Saudi Arabia—who had clearance to pump more—barely budged. The UAE actually cut oil production by 80,000 bpd, despite securing a carve-out to raise…

OPEC just pulled a plot twist. Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million bpd, according to a new Bloomberg survey published on Thursday. Half the decline came from Venezuela, where Chevron and other producers are winding down ahead of renewed U.S. sanctions. But the real head-scratcher? The UAE and Saudi Arabia—who had clearance to pump more—barely budged. The UAE actually cut oil production by 80,000 bpd, despite securing a carve-out to raise…

1 de mayo de 2025.- Decenas de ciudades en Estados Unidos serán hoy escenario de movilizaciones en defensa de los inmigrantes y contra las políticas del presidente Donald Trump, cuando el Día de los Trabajadores se celebra en varias partes del mundo. Derechos civiles, de las mujeres, de la comuni...

Via Metal Miner Over three years into its invasion of Ukraine, and despite the subsequent sanctions, Russian producers continue to generate significant revenues from exports. This is especially true of metals and minerals, including pig iron and semi-finished steel products, which Russia continues to supply to the European Union.  Russian Pig Iron Imports Surged in January In 2024, for example, Russian exports exceeded €2.5 billion (approximately US $2.75 billion). However, according to recent figures, imports of pig iron by the EU from…

1 de mayo de 2025.- Esta semana se dieron a conocer las incidencias delictivas en materia de salud pública, las cuales, de manera estratégica y preventiva, han sido contrarrestadas por los órganos de seguridad ciudadana, quienes han desarticulado grupos estructurados dedicados a la elaboración y ven...

Sebás Garcia‚ un adolescente venezolano de 14 años‚ falleció en la noche del martes tras desplomarse repentinamente mientras jugaba al baloncesto en las pistas deportivas del colegio de sa Bodega, en Ibiza. El trágico suceso tuvo lugar pasadas las 21 horas y, según ha podido saber&...

California’s 2035 gas car ban just got torched by the U.S. House, which voted 246–164 on Thursday to kill the EPA waiver that let the Golden State set stricter tailpipe rules than the federal government. The decision doesn’t just mess with California—it upends the dozen other blue states that hitched their EV ambitions to Sacramento’s regulatory wagon. Now the Senate will get a turn at the wheel, but it’s already swerving around a ruling from the Senate parliamentarian that says this repeal isn’t even allowed.…

Europe’s goal to pursue a net-zero agenda is depriving citizens of reliable and affordable energy in a choice made by politicians, U.S. Energy Secretary Chris Wright says. Years ago, Western Europe, as well as the Biden administration, chose one side of a fork in the road which deprives consumers of choice, Secretary Wright said this week in a keynote address at the Three Seas Business Forum in Warsaw, Poland. The energy transition policies imposed by the UK government and the European Union (EU) institutions have reduced greenhouse gas emissions,…

A Donald Trump

The International Monetary Fund (IMF) has downgraded its economic growth forecast for the oil exporters in the Middle East to 2.3% from 4% expected in October, due to the slide in oil prices. “Across the region, rising trade tensions and policy uncertainty are adding to the impact of conflicts and extended oil production cuts to weaken growth prospects,” the IMF said on Thursday in its Regional Economic Outlook for the Middle East and Central Asia. The IMF expects oil prices to decline in 2025 to $66.90 per barrel, nearly $6 below the…

The International Monetary Fund (IMF) has downgraded its economic growth forecast for the oil exporters in the Middle East to 2.3% from 4% expected in October, due to the slide in oil prices. “Across the region, rising trade tensions and policy uncertainty are adding to the impact of conflicts and extended oil production cuts to weaken growth prospects,” the IMF said on Thursday in its Regional Economic Outlook for the Middle East and Central Asia. The IMF expects oil prices to decline in 2025 to $66.90 per barrel, nearly $6 below the…

Con la izada de una gran bandera de la Unión de Repúblicas Socialistas Soviéticas (URSS) en el parque nacional Waraira Repano de Caracas, Venezuela y Rusia celebraron este miércoles el aniversario número 80° del Día de la Victoria, una fecha que conmemora la derrota del nazismo por parte d...