Peace only reliable guarantee of Armenia's security - Armenia
Peace is Armenia’s only reliable guarantee of security, Armenian Prime Minister Nikol Pashinyan has said in comments in Dublin, where he also...
Trade between Colombia and Ecuador has fallen sharply after new tariffs were imposed, with business groups warning of mounting damage to the cross-border economy.
Ecuador’s President Daniel Noboa imposed a 100% tariff on Colombian imports from 1 May, although the government has not specified which products are affected. Colombia responded by imposing tariffs ranging from 35% to 75% on about 190 Ecuadorian goods.
Transport and business representatives on both sides of the border say the measures have significantly reduced commercial activity. Carlos Bastidas, head of the Carchi Heavy Transport Association, said the dispute had escalated gradually and was driven by what he described as “ego and stubbornness” from both governments.
He said the once-busy border region had suffered social harm as imports and exports declined, warning the situation was leading to job losses and encouraging smuggling as people look for ways to support their families.
Truck traffic at the Rumichaca border crossing has dropped from around 150 vehicles a day to just a handful, according to Ecuadorian transport groups. Iván Flórez, president of the Ipiales Chamber of Commerce, said exports had been “practically shut down”, with only a few trucks passing through, mostly in transit to or from Peru.
He described the situation as suffocating for border communities, which depend heavily on cross-border trade, adding that appeals had been made to both governments and the Andean Community of Nations to intervene.
President Noboa has defended the tariffs, saying they were introduced in response to a trade deficit with Colombia and what he described as inadequate action against drug trafficking along the border. Colombia has rejected those claims.
Ecuador says the measures have improved its trade balance with Colombia for the first time, while Colombian officials say exports have almost ground to a halt. Colombia has also suspended electricity sales to Ecuador, which relies on its neighbour for imports, including medicines and pesticides.
Iran’s Assembly of Experts has backed withdrawing from the Nuclear Non-Proliferation Treaty (NPT) and overhauling the country’s defence doctrine, calling both steps essential to national security and deterrence.
The U.S. Federal Aviation Administration lifted a nationwide ground stop on Friday (13 November) after a communications failure at air traffic control centres caused chaos at airports and triggered the longest nationwide shutdown since the 9/11 attacks in 2001.
President Vladimir Putin agreed on Thursday to let European representatives join the next round of Ukraine peace talks while the United States continues to work towards what could become the largest prisoner exchange of the Russia-Ukraine war.
Microsoft struggled to restore its services on Friday after a major outage disrupted Outlook, Teams and Copilot across the United States and Asia-Pacific region.
Here's your AnewZ Technology Daily Brief for the 13th of November. This week, a Microsoft outage hit Australian agencies, Google restricted mapping data in South Korea, a lawsuit targeted advanced AI development, and Nvidia faced a leadership crisis after Jensen Huang's resignation.
Hungarian authorities have recovered nearly $20 million in cash hidden in buildings and buried in forests as part of a bribery investigation into Miklós Seszták, a former minister under ex-Prime Minister Viktor Orbán.
U.S. President Donald Trump, Russian President Vladimir Putin and Chinese President Xi Jinping are set to hold a historic trilateral meeting in Shenzhen on 19 November. The White House says the talks will focus on nuclear arms reductions, with Iran also on the agenda.
U.S. negotiators floated the idea of Ukraine withdrawing from the eastern Donbas region in exchange for NATO membership, Ukrainian President Volodymyr Zelenskyy has said.
China is taking its space technology ambitions beyond its borders, with a major deal to build a network of 20 artificial intelligence-powered satellites for Oman.
Europe will send a team of diplomats to Ukraine peace talks rather than a single envoy, EU leaders agreed on Friday at the end of a summit in Dublin.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment