Investment in Colombia’s oil and gas production is forecast to decline by 7% to $3.5 billion in 2024, the Colombian Petroleum Association (ACP) said in a press conference in Colombia’s capital Bogota on Thursday. The government of leftist President Gustavo Petro has made a priority of weaning Colombia away from dependence on fossil fuels, especially
Soft landing for Italy’s economy
Italy’s inflation rate rose to 1.3% in March compared to a year ago, albeit at a slower pace than anticipated. There’s perhaps no better example of a ‘soft landing’ than the current state of the Italian economy. While Italy’s economic activity has significantly decelerated from the elevated post-pandemic growth rates observed in 2021 and 2022,
Taiwan is the ‘Berlin’ of the Sino-American Cold War
ntroduction: Where the rubber hits the road During the Cold War between the US and the erstwhile USSR, no matter what the strategic issue, Berlin seemed to be the most likely place on the earth where the contest would inevitably be played out. Like a canary in a coal mine, the success or failure of
Petrobras, Ecopetrol ordered to halt drilling natural gas well offshore Colombia
A Colombian judge ordered Ecopetrol SA and Petroleo Brasileiro SA to halt the drilling of an offshore gas well in the nation’s Caribbean waters after an Indigenous community sought legal protection. The community in the area of Taganga, near the city of Santa Marta, claimed their consent should have been requested before the companies were
New Paris-Berlin high-speed rail link to launch
SNCF Voyageurs and Deutsche Bahn, the national train operators of France and Germany, will launch a new high-speed rail link between Paris and Berlin. Set to commence on 16 December, the new daily service will be operated by DB’s InterCity Express (ICE) trains, which are already in circulation between the two countries. The ICE train