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Oil falls to four year low as global glut deepens

Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early 2021, while the full year average of......

Maduro pleads not guilty after deadly US raid in Venezuela

Nicolás Maduro has pleaded not guilty to narcoterrorism charges in a federal court in Manhattan after a United States special forces raid in Venezuela left at least 80 people dead and triggered widespread international condemnation. The Venezuelan president, captured along with his wife Cilia Flores during the US operation known as......

Emerging markets hit record highs amid Venezuela crisis

Emerging market stocks surged to unprecedented levels on Monday and Tuesday, defying expectations as investors brushed aside the geopolitical storm from the U.S. military's capture of Venezuelan President Nicolás Maduro and instead bet on artificial intelligence momentum and a weakening U.S. dollar. The MSCI Emerging Markets Index......

Colombian president Petro vows armed resistance to Trump threats

Colombian President Gustavo Petro issued a stark warning to the United States on Monday, pledging to take up arms to defend his nation's sovereignty after President Donald Trump accused him of cocaine trafficking and threatened military intervention. "I swore never to touch a weapon again after the 1989 Peace Pact, but for the Homeland,......

Six nations condemn US military operation in Venezuela

Six countries have issued a joint statement sharply criticizing the United States' military operation in Venezuela that led to President Nicolás Maduro's capture, labeling it a blatant breach of international law and the United Nations Charter. Spain, Brazil, Chile, Colombia, Mexico, and Uruguay voiced deep concern over the......

Brazil: Bolsonaro discharged from hospital and returned to prison

Former Brazilian president Jair Bolsonaro was released from a hospital in Brasília on Thursday and transferred back to detention, one week after undergoing surgery for a double hernia, Brazilian authorities confirmed. Bolsonaro, who led the country from 2019 to 2022, was taken by car to the federal police headquarters in the capital,......

Brazil: court rejects Bolsonaro’s request for house arrest

Brazil’s Supreme Court has rejected a request by former president Jair Bolsonaro to serve his prison sentence under house arrest on medical grounds, according to a judicial decision released on Thursday. Bolsonaro, who is currently incarcerated for his role in an attempted coup, had filed the request through his lawyers, citing health......

Byd overtakes Tesla as world's top electric vehicle seller

Chinese automaker BYD has surpassed Tesla to claim the title of the world's leading electric vehicle manufacturer in 2025, delivering 2.26 million battery electric vehicles compared to Tesla's projected 1.64 million units for the year, based on company documents released Thursday. This milestone represents the first time the Shenzhen-based......

China sets steep tariffs on beef imports beyond new quota limits

China announced plans to impose an additional 55 percent tariff on beef imports that exceed newly defined country quotas, targeting major suppliers such as Brazil and the United States and closing a year long safeguard investigation into the sector. The Chinese commerce ministry said the measure will take effect on January 1, 2026 and remain......

Bolsonaro undergoes medical procedure to treat persistent hiccups

Former Brazilian president Jair Bolsonaro has undergone a medical procedure to address persistent hiccups that he has reportedly suffered from for several months, according to statements from his medical team. The 70-year-old ex-leader, currently serving a prison sentence for his role in an attempted coup, was temporarily transferred from......

Brazil: Jair Bolsonaro taken to hospital during first prison release for surgery

Former Brazilian president Jair Bolsonaro was transferred to a private hospital in Brasília on Wednesday, marking his first exit from prison since his incarceration in late November. According to a source at the medical facility, Bolsonaro is scheduled to undergo surgery on Thursday. Journalists observed a convoy of black vehicles,......

The Great Flood leads Netflix with record 27.9 million views in debut week

South Korean sci-fi thriller The Great Flood has topped Netflix’s global rankings with an unprecedented 27.9 million views in its first week, marking the strongest opening for an international film launched on a Friday since the platform introduced its global viewing metrics. The production dominated charts in 54 countries,......

China rejects Ukraine’s sanctions warning over alleged support for Russia

Beijing has strongly criticized Ukraine’s plan to impose sanctions on Chinese individuals and companies accused of aiding Russia’s military sector, calling the move unjustified and “a violation of international norms.” Beijing’s firm response Chinese Foreign Ministry spokesperson Lin Jian said that China “firmly......

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