Venezuela finally got out of the hyperinflationary cycle into extremely high monthly inflation

After 12 months of consecutive inflation that is below 50%, some analyst / media started to declare that Venezuela is finally out of the hyperinflationary cycle. Venezuela came out of the hyperinflationary cycle in which it had been since 2017, accumulating 12 continuous months below 50% inflation, after registering 7.6% in December, the Bank reported…

Read More

[ AP ] Myanmar’s Suu Kyi sentenced to 4 more years in prison

Suu Kyi was convicted last month on two other charges and given a four-year prison sentence, which was then halved by the head of the military-installed government. The cases are among about a dozen brought against the 76-year-old Nobel Peace Prize laureate since the army seized power last February, ousting her elected government and arresting…

Read More

[ Arab News Pakistan ] Yemeni government forces retake key district in Al-Bayda as Houthis flee

Yemeni government forces on Saturday recaptured substantial territory from the Houthis in the provinces of Al-Bayda and Shabwa.  Backed by air cover from Coalition warplanes, the loyalist Giants Brigades liberated several villages and mountains before storming the center of the Noaman district in Al-Bayda.  A convoy of armed vehicles and jubilant fighters entered scattered villages…

Read More

Jokowi battles Indonesian Coal Producers

Thousands of permits for mining, coal and forestry were revoked as Indonesia’s President Joko Widodo battles coal producers over their failure to prioritize the domestic market, which sparked a ban on coal export. 2,078 permits for mining, mineral and coal businesses were revoked for the failure to provide work plans, misused the permits or transferred…

Read More

Japan signs defense pact with Australia; further abandoning pacifism

Japanese Prime Minister Fumio Kishida and Australian Prime Minister Scott Morrison signed a new defense pact via a virtual summit which the two countries will agree to cooperate closely on defense to bolster securities ties. The Reciprocal Access Agreement (RAA), will allow Australian and Japanese military to work seamlessly on defense and humanitarian operations. “Japan is…

Read More

Cambodia Prime Minister Hun Sen accepted invite to lead high delegation to meet Myanmar military junta leader, Min Aung Hlaing

According to the press release from Cambodia, Prime Minister Hun Sen will be leading a high delegation consist of his deputy, Foreign Minister, Industry Minister as well as a number of senior government officials from the 7 to 8 January 2022. The announced meeting is said to discuss bilateral and multilateral cooperation (read: taking sides;…

Read More

Kazakhstan declares emergency; government resigned

Emergency is declared in Kazakhstan and will last until January 19 after the country’s largest city, Almaty’s airport was breached by protesters after unrest broke out across the country after the government lifted price controls on liquefied petroleum gas (LPG), which many cars in the country runs on due to the low cost – which…

Read More