Peru approves emergency overhaul of state oil firm Petroperu
The move opens key assets to private investment and comes as Petroperu faces mounting losses and debt.

The move opens key assets to private investment and comes as Petroperu faces mounting losses and debt.









Big changes are coming in the new year as healthcare subsidies expire and requirements for food assistance take effect.
November saw highest unemployment since 2021, largely attributed to federal worker reductions under Trump.
Proponents say compiling personal information in a single database is more efficient. But critics fear risks to privacy.
Critics fear the ideal of ‘prosecutorial independence’ has been jettisoned in favour of more partisan goals under Trump.

As Brazil heads toward elections in 2026, millions live in fear. Nearly one in five Brazilians is affected by gangs.
The coalition carried out a strike at Yemen’s Mukalla port after accusing foreign-backed vessels of delivering weapons.
The 79-year-old fought to restore democracy after military takeover in 1980s, but corruption claims tainted her legacy.
US president says Hamas will pay if it fails to disarm, and threatens new strikes on Iran over its nuclear programme.

Several countries and regional blocs have condemned Israel’s recognition of Somaliland, a breakaway region of Somalia.