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Colombia begins process to join BRICS bank
Colombian President Gustavo Petro announced on May 16 that his country has started the process of joining the New Development Bank of BRICS.
China Reaffirms Ties with Bolivia, Rejects ‘Backyard’ Label for Latin America
Reuters
Reuters
China’s Foreign Minister Wang Yi met his Bolivian counterpart Celinda Sosa at the United Nations on Tuesday, reaffirming Beijing’s commitment to strengthening ties with Bolivia and Latin America.
During the meeting, Wang Yi expressed China’s willingness to "continuously elevate the China-Bolivia strategic partnership," according to a statement from the Chinese Foreign Ministry. He assured Sosa that China remains a "trustworthy friend and partner of Latin America."
China also reiterated its stance on the region’s sovereignty, stating that "Latin America belongs to its people and is not any country’s 'backyard’."
The meeting highlights Beijing’s ongoing diplomatic outreach in Latin America, as China expands its economic and political influence in the region.
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Ministers resign one by one as protests grow in Libya’s Government of National Unity
Ministers in Libya’s Government of National Unity (GNU) are resigning one by one amid mounting protests in Tripoli, Libya Press agency reports
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Supreme Court blocks Trump’s use of wartime law for deportations
The US Supreme Court on Friday paused President Donald Trump’s attempt to carry out deportations using the 1798 Alien Enemies Act, siding with a group of Venezuelan immigrants in Texas who argued they were at risk of sudden removal under the rarely used wartime law.
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North Korean fishermen stuck in South as Pyongyang cuts contact
Two North Korean fishermen picked up by South Korean patrols in March remain stranded in the South as Pyongyang refuses to respond to requests for their return.
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Moody’s strips US of last top credit rating over debt concerns
The US has lost its final AAA credit rating after Moody’s downgraded the country to Aa1, citing growing deficits and mounting debt as risks to long-term fiscal health.
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