Nigeria approves $128 million payment for gas debts in bid to boost power supply
Nigeria has approved the payment of 185 billion naira ($128 million) to clear longstanding debts owed to gas producers, a move aimed at restoring conf...
Chileans will vote on Sunday in the country's first mandatory presidential election since 2012, with security and immigration shaping a race expected to move to a December run off.
Chile is preparing for a national vote in which more than 16 million eligible citizens are required to participate. The return to compulsory voting follows several years of high abstention, leaving a large share of previously inactive or undecided voters now entering the process.
Eight candidates are competing for the presidency, and current polling suggests that no one will reach the majority needed to win in a single round. Jeannette Jara, a former labour minister supported by the governing coalition, has focused her campaign on wages, workers' rights and the development of the lithium industry.
Jose Antonio Kast, leader of the Republican Party, has emphasised immigration and public security. Johannes Kaiser, running with the National Libertarian Party, has proposed reducing the size of the state and withdrawing from several international agreements. Evelyn Matthei, a former minister and former mayor, represents the moderate right and is taking part in her second presidential bid.
Run off expectations and legislative stakes
Polling indicates that the race is likely to move to a run off on 14 December, most probably involving Jara and Kast, though the final outcome will depend on turnout and late deciding voters.
The presidential vote coincides with significant legislative elections. All 155 seats in the lower house and 23 out of 50 Senate seats are being contested. The governing coalition currently holds a minority in both chambers. A right wing majority in both the executive and legislative branches would be the first since the early 1990s. If right aligned parties secure four sevenths of both chambers, they would have the numbers required to pass constitutional reforms.
Mining and copper
Copper has shaped Chile’s economy for decades, with Codelco remaining a central pillar since the nationalisation of major assets in the early 1970s. The sector changed after the 1973 coup, when new laws opened the industry to private investment alongside the state miner. Since the return to democracy, Chile has relied on copper revenues to support public services, while rising demand for lithium has added new strategic importance.
Jara supports expanding Codelco’s role in lithium, while Kast favours auditing the company and easing regulations to attract more private investment. Mining companies are pressing candidates to simplify environmental permitting to advance new projects and increase production.
For nearly three decades following the dissolution of the Soviet Union, the international system was defined by a singular, overwhelming reality: American unipolarity.
Chinese scientists have unveiled a new gene-editing therapy that they say could lead to a functional cure for HIV, making it one of the most promising developments in decades of global research.
Faced with mounting public outrage following one of the deadliest environmental disasters in the nation’s recent history, the Indonesian government has pledged to investigate and potentially shut down mining operations found to have contributed to the catastrophic flooding on Sumatra.
As the year comes to an end, a new initiative bringing civil society actors and regional analysts from Armenia and Azerbaijan together is steadily gaining ground.
Uzbekistan has reopened its border with Afghanistan for the first time since 2021, the country’s Chamber of Commerce and Industry announced on Tuesday.
Nestled in the Dolomites, Cortina d’Ampezzo is racing toward the finish line ahead of the 2026 Winter Olympic Games. Officials said on Thursday that the Olympic Village is almost ready to receive athletes competing from February 6th to the 22nd.
The United Kingdom and Norway have unveiled a new joint naval initiative designed to protect undersea infrastructure and counter increased Russian submarine activity in the North Atlantic.
Nigeria has approved the payment of 185 billion naira ($128 million) to clear longstanding debts owed to gas producers, a move aimed at restoring confidence in the country’s energy market and improving electricity supply.
Slovenia has become the latest country to pull out of next year’s Eurovision Song Contest, joining Ireland, Spain and the Netherlands in a widening boycott triggered by the European Broadcasting Union’s (EBU) decision to allow Israel to participate.
Israel was given the green light to participate in the 2026 Eurovision Song Contest on Thursday, after the organising body decided not to hold a vote on its inclusion, despite threats of boycotts from some countries over the Gaza conflict.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment