U.S. and South Korea cut military drills to five days after Trump orders reduction
South Korea and the United States are scaling back their annual joint military exercises following an order from U.S. President Donald Trump to sub...
Shoppers packed malls and downtown streets in Caracas on Black Friday (28 November) as retailers offered discounts despite Venezuela’s prolonged economic crisis. Customers queued in shoe and electronics stores and browsed signs advertising cuts of up to 50%.
Lifestyle and content creator Omar Aguilar said the day generated “a lot of movement” in the streets and allowed Venezuelans to purchase goods at slightly lower prices ahead of December expenses.
“There is a lot of movement in the streets, many people out. Commercial activity has increased a lot, there are good offers and you can find good discounts in the stores. With December coming and expenses approaching, we have found good prices and there have been good discounts,” Aguilar said.
Discounts and Shopper Opinions
Designer Anderson Briceno expressed scepticism about the discounts, saying:
“In my view, the discounts here are very small. Prices are so inflated that they say they take off 20 or 30 dollars but it is not really much of a discount. You do not really see much of a change, to be honest.”
Web developer Johan Blanco noted that Black Friday encourages people to go out despite the country’s difficult conditions:
“Although you also see a somewhat strange contrast, because many people say the situation in the country is this or that, something very curious is that on these dates you typically see a lot of people, really a lot of people, going out to shop. In fact, the shopping malls, like today, are completely full.”
Systems engineer Eduardo Molinares added that the U.S.-inspired tradition has grown increasingly popular over the years, particularly in formal businesses.
Retail and Street Scenes
Shoppers were seen walking along pedestrian streets and inside shopping malls, browsing stores with signs reading “Everything at 1$ (USD)” and “From 5 to 10$ (USD).” Shoe stores and electronics outlets were among the busiest, with customers lining up to pay and exploring Black Friday promotions.
Economic and Geopolitical Context
The shopping day took place against a backdrop of high inflation and weak purchasing power for many Venezuelan households.
Tensions with the United States have been rising, with reports of a major military buildup in the Caribbean and authorised covert CIA operations in Venezuela. Reuters reported that U.S. officials were considering new operational options, including attempts to overthrow President Nicolás Maduro.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Russia said its air defences downed 180 drones over the Moscow region overnight, with 620 drones reportedly targeting the area, according to Moscow Mayor Sergei Sobyanin.
South Korea and the United States are scaling back their annual joint military exercises following an order from U.S. President Donald Trump to substantially reduce American participation.
The United States is pushing to establish a formal deconfliction mechanism between Israel, Türkiye and Syria after Israeli airstrikes on a Syrian airbase raised concerns about the risk of a wider regional confrontation.
U.S. President Donald Trump has paused a planned 50 per cent tariff increase on Canadian goods for three days, saying Washington and Ottawa had reached a preliminary agreement.
A federal judge has allowed the Trump administration to move forward with ending Temporary Protected Status (TPS) for thousands of Ethiopian nationals living in the United States, removing one of the last major legal obstacles to a broader effort to roll back humanitarian immigration protections.
With governments focused on conflicts in the Gulf and Ukraine, China is pressing ahead with a more assertive military and strategic posture across the Pacific, particularly around its immediate neighbourhood.
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