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US visa restrictions for Nicaragua due to immigration
The State Department announced on Monday that the United States will impose visa restrictions on those in Nicaragua who are responsible for facilitating illegal immigration into the country. This includes the owners of travel agencies, tour operators, and transportation companies. According to a non-specific statement, the State Department has taken action to revoke some visas. The Department of Homeland Security said that "investigations show the entities represented by these individuals facilitated travel to Nicaragua. This was enabled by the Nicaraguan dictatorship’s migration policies, which are permissive and designed this way. These policies destabilize the area and encourage illegal immigration into the United States." The Department of Homeland Security is revoking visas that are currently valid and imposing additional restrictions to prevent these individuals from entering the United States. The Trump administration has stepped up its crackdown on illegal immigration, and the temporary protective status granted to Nicaragua and other countries was revoked. This status gives eligible migrants temporary protection against deportation and work authorization. The United States placed visa restrictions in April on over 250 Nicaraguan officials, citing abuses of human rights. (Reporting and editing by Katharine Jack; Doina Chiacu)
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Serbian mother wants to survive and join protests after ending her hunger strike
A Serbian woman ended her hunger strike on Monday over the death her son, who was killed in a roof collapse. She said she wanted to remain alive so that she could join the other anti-government demonstrators who were outraged by this disaster. Dijana Hrka’s son Stefan, 27, was one of 16 people who died last year in Novi Sad when the roof of a renovated train station collapsed. A youth-led movement of protest sparked by anger over the alleged mismanagement, and the failure to prosecute any one person has led to mass rallies that have called for the resignation and early elections of President Aleksandar Vucic. Hrka, 48 told journalists in the tent she uses to protest outside Parliament since November 2, "I'm ending my hunger-strike." "I can do a lot more alive." She told reporters that she had met with students who were involved in protests and discussed how they could work together in future. The protests that have raged for months have shaken Vucic’s grip on power. Students, academics, and opposition leaders are leading the protest movement that accuses Vucic, and his populist, nationalist party, of corruption, poor public services, nepotism, and restrictions on media freedom. They denied the allegations. Some people have claimed that the collapse was an act of terror, while others have accused protesters of exploiting the tragedy for political purposes. In the capital Belgrade, more than 10,000 Vucic supporters rallied earlier this month. Ivana Sekularac, reporting; Andrew Heavens, editing
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The vessel manager confirms that the crew of the tanker captured by Iran made contact and are safe.
Its manager announced on Monday that the crew of a tanker carrying oil products is safe, and that the vessel was anchored near the Bandar Abbas port in Iran, after Tehran claimed to have seized the vessel last week while it was sailing in the Gulf. Iran's state media confirmed that the Revolutionary Guards of Iran (IRGC) seized the Talara tanker under Marshall Islands flag, for alleged cargo violations. The seizure was the first by Tehran of a ship since the Israeli-U.S. strike on Iran in June. It has caused concern for the safety and security of ships carrying energy cargoes to world markets. Columbia Shipmanagement released a statement Monday stating that the captain of the tanker made contact with its technical manager on November 16 at 1730 GMT. All crew members have been reported safe and well. Columbia Shipmanagement reported that the vessel was safely anchored near Bandar Abbas. The crew, which numbered 21, were also accounted for. The company reported that contact with the vessel had been cut off while it was sailing via Sharjah in the United Arab Emirates to Singapore, with a cargo containing high-sulfur gasoil. According to a U.S. official as well as maritime security sources, the Iranian forces diverted the tanker into Iranian territorial water on Friday. The manager stated that Columbia Shipmanagement was working with regional partners urgently to resolve the situation and ensure the release of the crew. In recent years, the IRGC of Iran has periodically seized vessels from commercial shipping in Gulf waters, citing maritime infractions such as alleged smuggling or technical infractions, as well legal disputes. The MarineTraffic platform, which tracks public ships, showed Monday that Talara reported its last position on November 14. Jonathan Saul, Joe Bavier and Jonathan Saul (reporting)
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Sources: Chevron is a contender to buy Lukoil assets.
Five sources familiar with this process said on Monday that U.S. major oil company Chevron was examining options to purchase global assets from sanctioned Russian oil giant Lukoil. Last week, the U.S. Treasury cleared potential buyers to speak to Lukoil regarding foreign assets. Chevron will join Carlyle, and other firms to compete for Lukoil's portfolio of at least $20 billion. Last month, the United States imposed sanctions against Russia's two largest oil companies, Lukoil & Rosneft, in an effort by President Donald Trump’s administration to force Moscow to peace talks with Ukraine. Five sources confirmed that Chevron was looking at options to purchase assets from Lukoil in areas where they overlap, rather than buying the entire portfolio. The sources asked to remain anonymous as they were not permitted to speak with the media. Chevron has never been reported to have an interest. Chevron stated that it adheres to all laws and regulations relevant to its business. It does not comment on any commercial issues. Lukoil produces 2% of the world's oil at home, but also abroad. The company has announced that it is looking for buyers of its international assets. These produce 0.5% of oil globally and are valued at $22 billion based on filings from 2024. Last week, sources said that Carlyle, a U.S. private equity firm, is looking at options to purchase Lukoil’s foreign assets. Lukoil owns three refineries in Europe and oilfields in Kazakhstan (Uzbekistan), Iraq, Ghana, Egypt, Nigeria, Mexico and Kazakhstan. It also has hundreds of retail fuel station around the world. Lukoil is a shareholder in both the Karachaganak and Tengiz fields in Kazakhstan. These fields are also owned by Chevron Exxon Mobil Eni Shell. The fields are a major source of crude oil for the CPC Pipeline, which transports more than 1.6 millions barrels of crude per day, or 1,5% of the global demand for oil, to the global markets via Russia. Lukoil has also a stake on the Nigerian offshore licence OML-140 that Chevron operates. Lukoil operates the West Qurna 2 in Iraq where Exxon operated the West Qurna 1, which was located nearby, until last year. (Additional reporting from Jarrett Renshaw; Sheila Dang; Shadia Nasralla, Dmitry Zhdannikov, Jan Harvey, and Nik Williams).
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China's C919 flies over Dubai in a bid to win Gulf buyers
China's global aerospace presence was boosted by a flying demonstration of its C919 jetliner on Monday in Dubai, as Chinese planemaker COMAC tries to gain a position in a market that is struggling with Boeing and Airbus delivery delays. The first domestic jetliner in China, painted in white with blue and green accents, showed its C919 belly-painted logo to dignitaries in Dubai Airshow. It was a brief but symbolic display that reflected one of Beijing's most important strategic projects. Chinese officials refused to answer questions regarding efforts to find their initial buyer outside East Asia. However, their marketing compared their ambitious project with Dubai's transformation. A poster on a display stood nestled among global aircraft and weapons makers at the Middle East's largest aerospace event from November 17-21 read "Where a Miracle meets Another." COMAC, the Chinese aircraft manufacturer, has ambitious plans to compete with Airbus or Boeing as well as smaller Brazilian rival Embraer. COMAC, which is seeking alternative markets for its planes that were first shown at the Singapore Airshow last year, has two models that are not yet certified by Western regulators. CHINA'S REPLY TO BOEING MAX 10, AIRBUS A321NEO On Monday in Dubai, dozens of people waited to see the C919 while a pilot talked about his experiences operating it. COMAC presented plans to create a family aircraft that would compete with Airbus's and Boeing's stable of models. COMAC has also announced a new version of the C919, dubbed Stretched Variant. It will seat 210 passengers in the Asia-Pacific region. The longer version is aimed at the Airbus A321neo, and Boeing's 737 MAX 10 – the top end of single-aisle markets where Airbus and Boeing are battling it out for the most highly contested orders. COMAC displayed the regional C909 - China's first jet engine-powered aircraft to reach commercial production. This plane has been in service for over two years. Brunei became the latest nation to allow its airlines operate Chinese-made aircraft last month. Its startup GallopAir has ordered 15 C909s, and 15 C919s by 2023. However, neither of the models has been able to win a large global customer. Boeing Commercial Airplanes' CEO Stephanie Pope welcomed COMAC’s arrival, but pledged to continue innovation and maintain an edge. Competition is good for the industry. Boeing benefits from it. "It makes us better as a whole," she said. Christian Scherer, CEO of Airbus Commercial, said: "It's not a competition; it's a reality." Analysts don't expect China to capture a significant share of the global jet industry beyond deals with supporting countries anytime soon, but they say that its presence is a signal of its intention to penetrate one the last bastions for Western manufacturing. COMAC's marketing materials emphasized that intellectual property is held in China. However, the C919 brochure lists 18 Western suppliers of systems from engines to landing gear. The U.S. stopped exporting engines to China earlier this year, highlighting the reliance of Beijing on Western parts. COMAC stated in a press release that it "remains dedicated to open collaboration and looks forward building stronger and closer relationships with global partners and customers". Gulf countries enjoy strong ties to China. It is the largest trading partner of both Saudi Arabia, and the UAE. Both have been welcoming cooperation with Chinese companies in recent years. According to filings by the three airlines who fly COMAC's narrow-body C919 aircraft, COMAC is behind schedule in delivering its C919 this year. COMAC also showed materials describing its C929 wide body jet, originally developed with Russia but now solely driven by COMAC. However, the company provided few technical details. (Editing by Adam Jourdan Joe Bavier Alexander Smith
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Greeks march on the anniversary of the 1973 student revolt against the junta
On Monday, thousands of Greeks marched in Athens to commemorate the anniversary of the violently suppressed student uprising of 1973 which helped overthrow the military junta ruling the country at the time. Many Greeks use the annual march towards the United States embassy, which they accuse of being supportive of the military dictatorship of 1967-1974, as a rallying point to protest against government policies. Youths carried a bloodstained flag, which belonged to students who took part in the revolt of 1973. When they arrived at the heavily guarded embassy that was blocked off by rows of police vehicles, the youths chanted the National Anthem. Some demonstrators carried carnations, while others chanted slogans of solidarity with Palestinians. More than 5,000 police officers were deployed in Athens. Before the march, dozens of people were detained and 11 were arrested. People laid carnations and wreaths at the Athens Polytechnic earlier, the site of a bloody crackdown on November 17, when tanks of the army smashed the building's gates to crush the protests of students against the colonels who ruled Greece at that time. Dozens of people were killed. The revolution marked the end of the military junta. (Reporting and editing by Michele Kambas and Rod Nickel; Reporting by Renee Maltezou)
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Mexico transfers some of its flight slots in the capital airport to US carriers
By Kylie Madry MEXICO CITY - Mexico's President Claudia Sheinbaum announced on Monday that Mexican Airlines had agreed to give some of the flight slots in the busy capital airport, to U.S. carriers. This comes amid a spat between both countries over the distribution of flights. Sheinbaum stated in her morning press conference that "Several weeks ago there was a redistribution of slots in which Mexican Airlines gave up their spots in order to U.S. Airlines, taking into consideration competitiveness." Sheinbaum refused to reveal how many flight slots were affected, but said that a digital distribution system would be implemented next year and U.S. airlines and other international carriers were already onboard. The concession comes after the U.S. Department of Transportation cracked down in recent months on Mexican Airlines' operations in the U.S., several years since Mexico cut slots at its capital airport and relocated cargo flights to another, further-away, site. The DOT revoked the approval of more than a dozen routes operated by Mexican carriers in October and canceled all combined passenger and freight flights from the new Felipe Angeles International Airport to the U.S. Sheinbaum, however, said that U.S. officials must "recognize both airports", the main Mexico City International Airport, AICM, and the AIFA which was built by Sheinbaum’s predecessor, Andres Manual Lopez Obrador. Lopez Obrador ordered slot cuts and a cargo flight shift citing an oversaturation of the AICM in central Mexico, which is currently undergoing renovations. She said she met with cargo carriers and that they were happy to fly out of AIFA. Recognize that you need to do some work The military airport is undergoing a smoother customs process. United Airlines reported in August that Mexican officials informed U.S. carriers that AICM "confiscated slots" at the AICM The reinstatement of the senate . (Reporting and editing by Cassandra Garrison; Kylie Madry)
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Brazil's farmers defend forest record at COP30
Brazil exports 40% of its agricultural products Environmental groups document links to deforestation Native protests against infrastructure for exports By Andre Cabette Fabio The group of cattle, soybean and grain farmers, who host news conferences in front of a global audience rails against the trade barriers erected by the European Union as a way to protect the Amazonian rainforest and other sensitive lands. EU and US are taking measures to limit Brazilian agricultural exports citing deforestation concerns. Next month, a new anti-deforestation law will come into effect. This will prevent companies from around the world selling commodities such as coffee and beef that are associated with deforestation to the EU. Environmental groups in Brazil such as Greenpeace have documented the links between biofuels, beef, soybeans and cotton, and deforestation of the Amazon rainforest, and other biodiverse eco-systems like the Atlantic rainforest, and Cerrado tropical woodland. Agribusiness says that deforestation occurs because of illegal logging, land grabbing and gold mining. It also claims that trade barriers hurt farmers and ranchers who use sustainable farming practices. Roberto Rodrigues said, Brazil's Special Envoy for Agriculture at COP30: "We must show the world that criminals are the ones who deforest the forest... not farmers." Rodrigues said, "We have a serious problem with our European and North American competitors. We are better, and they know it", at a panel discussion for COP30. He said, "They confuse what is illegal in Brazil with ours, they blame agriculture for illegal deforestation and land invasions, but that's not true." DRIVER DEFORESTATION Brazil's agribusiness is politically influential, since agriculture represents about 8.4% GDP and 40% exports according to the 2025 World Bank report. According to government statistics, soybeans will account for 13%, or Brazil's exports in 2024. Only oil will be higher. Deforestation can be caused by the clearing of land to make way for vast soybean fields and cattle pastures. The World Resources Institute reports that despite recent data showing a decline in Brazil's deforestation rate, Brazil was responsible for 42 percent of the record-breaking global loss of tropical forests in 2024. Last month, government data showed that deforestation rates in Brazil's Amazon rainforest dropped 11% from the previous year to July. This is the lowest level in 11 years. According to the Emissions Database of Global Atmospheric Research, the European Union, Brazil is the sixth biggest carbon emitter in the world. Brazilian JBS SA was awarded a Sustainable Business Award at COP30, alongside 47 initiatives from the private sector, for a program that helps ranchers to comply with environmental regulations. Gilberto Tomazoni is the CEO of JBS. He said, "There's an agribusiness narrative against Brazil." He said: "We must show transparency... so that consumers can make their decisions." Brazil's National Confederation of Agriculture has urged the team to attend COP30 to fight the "stigmatization of farmers in the country" and to push for the access to carbon credits and climate funds to pay for forest restoration project. Confederation of German Industries (Gi) said that it wanted to make sure discussions on a just and sustainable transition "does not legitimize unilateral climate-justified trade measures," saying these measures have "disproportionate impacts" on developing nations. Environmental groups protested against agribusiness companies outside the AgriZone area, which was dedicated to the COP30. Barbara Loureiro is an environmental coordinator at the Landless Workers' Movement. The group advocates land reform. She said, "This sustainable agribusiness presented at the COP doesn't deter... large estate agribusiness which burns and destroys forests." TRADE BARRIERS After a one-year delay, the EU regulation that was agreed in 2022 for blocking deforestation products from the European Market will take effect on January 1st. This is good news for large farmers. Some EU states are hesitant to implement the measure, saying it's too expensive and unworkable logistically. Brazil's Ministry of Foreign Relations also said that the rules impose a "significant burden and disproportionate burden" on countries like Brazil, where tropical agriculture is managed responsibly and sustainably. Deforestation concerns have been used to delay the signing of a deal between Mercosur and the European Union, a South American political bloc and trade block. The European Commission hopes to sign the deal this year. It would lower tariffs for the EU with Argentina, Brazil Paraguay, and Uruguay. This would create one of the largest zones of free trade in the world. A caucus of agribusinesses in Congress opposes the Climate Plan, which is yet to be launched by the Brazilian government and establishes a strategy for reducing emissions. They claim that it could pose a trade barrier. The caucus - a powerful political force that controls majorities both in the Senate and Congress - has criticised what it considers an excessively high share of emissions attributable to the sector, by linking agribusiness with illegal deforestation. Environmentalists claim that Brazil's farmers have been a powerful lobby in the deforestation of forests. This is because agribusiness caucuses on both local and national level have passed amnesty legislation to legalize land which has been illegally deforested and invaded. Recently, they passed rules to make it easier for farmers who wish to deforest their land to obtain formal approval. Rodrigues defended himself by saying: "If the agribusiness industry has benefited in the past, then that is something we must look forward to." Agribusiness is also pushing infrastructure projects that will ship beef and grain through the Amazon rainforest. This was a major target of protests led by forest and indigenous communities who live near the proposed routes of roads, railways, and waterways.
Europe's wind farms on track to eclipse coal output in 2025: Maguire
Europe's wind farms might produce more electrical power than the region's. coalfired power plants for the first time in 2025 if the recent. rate of output growth in wind production and output cuts in coal. generation extends through the year.
Total electrical power created by Europe's wind farms was just. 4% less than by the continent's coal plants in 2024, at 616. terawatt hours (TWh) versus 641 TWh, according to information from. energy think tank Ash.
Compared to the year before, coal generation was 7% lower in. 2024 while wind generation was 3% higher, and if those output. changes are repeated in 2025 then Europe's wind electricity. production will exceed coal production by around 6% in 2025.
Greater full-year generation by wind farms over coal plants. would mark the very first time a single source of renewable energy. exceeded coal-fired electricity output in any significant region, and. would be a key energy transition turning point.
NARROWING THE SPACE
The 25 TWh deficiency in wind generation compared to. coal-fired generation in 2024 is around half of the quantity of. electricity produced by Europe's wind farms every month,. according to Ember.
As a result, that output gap could quickly be made up over. the course of 2025 by a boost in local wind generation. capacity or by higher typical wind speeds at turbine level, or. by some mix of both.
According to market group Wind Europe, regional power. companies included 15 gigawatts (GW) of wind generation capability in. 2024, bringing the region's total wind capability to around 287. GW.
That rise in generation footprint must allow the region's. wind farms to lift regional electrical power production to a record. in 2025, possibly to around 652 TWh if the 6% growth in. capability yields an equal-sized increase in electricity output.
ESSENTIAL DANGERS
That potential 652 TWh of wind electrical power output ought to be. enough to exceed regional coal generation in 2025, even if. coal-fired output holds flat this year from 2024's levels.
But if coal-fired output in 2025 declines by the exact same degree. as it performed in 2024 - by 7% - then wind generation could exceed. coal-fired generation by close to 10%, and mark a major turning. point in local energy shift efforts.
However, there are a number of dangers dealing with Europe's power. sector this year that might still lead to local coal power. remaining above local wind output.
The main prospective disruptive element is the supply of. gas, which looks set to contract once again in 2025 after. pipeline streams from Russia to certain European markets dropped. from last year's levels.
Natural gas is the area's main power source, so decreased. gas supplies this year might require Europe's energies to boost. coal usage in order to balance out lower system generation from gas.
Simply a 1% drop in natural gas-fired electrical energy generation. would need power firms to produce around 10 TWh more. electricity from other sources.
And if coal-fired plants are the main ways of balancing out. that lower gas-fired output, then local coal-fired production. could jump back above 650 TWh for the year, and possibly. stay above wind output in 2025.
Another essential risk is a prolonged run of below-normal wind. speeds throughout Europe's wind farms.
In 2024, Europe's month-to-month wind electrical power amounts to dropped. below the year-before total on five occasions, even with the. increase in overall generation capability last year.
These year-over-year generation drops came not just during. the summertime - when wind speeds tend to strike their yearly lows -. but likewise during October and November when autumnal winds. normally pick up and improve wind electricity output.
The low wind speed problem was especially severe in Germany. - the area's top wind producer - and stays a concern for power. companies so far in 2025.
The most recent German wind generation forecasts by LSEG call for. wind output to stay listed below the long-lasting average for the next. week or so, but then climb back above typical towards completion of. the month.
Additional spells of low wind speeds throughout the year could. curtail general wind generation in 2025.
An extra risk is the region's level of commercial. activity, which has been controlled since 2022 due to above-normal. energy costs and weak customer demand.
Continued weak point among smokestack plants and factories. ought to keep total coal usage in power generation under pressure,. and possibly trigger more cuts to coal usage in Europe.
However, a synchronized upturn in Europe's commercial. activity would set off an increase in overall energy intake,. which would result in higher output from all source of power as. power suppliers attempt to stay up to date with need.
Obviously, greater total wind output could assist supply much. of the additional electrical power required, and assist to accelerate the. local power sector pivot away from polluting fuels.
However coal will likely remain a crucial back-up fuel and could. delight in a resurgence in usage if wind production ends up being stymied. through much of 2025.
The opinions revealed here are those of the author, a market. analyst .
(source: Reuters)