In the past decade, 10 countries have shifted their diplomatic recognition from Taiwan to China. The cost? Almost $2 bn. The loss of Taipei's diplomatic reach also damages the US.
President Castro announced last week she would hand the military police control of the prison system as her administration seeks to stop organised crime activity inside prisons.
Coffee will be the first export to Chinese market, Honduran Foreign Minister Reina noted, adding that both countries are evaluating future shipments of shrimp & melon to China.
While visiting Guatemala, Taiwan's President Tsai signed a $4 million agreement to modernize rural areas and promised to promote and increase cooperation between the two countries.
Seeking closer relations with Western allies, the delegation arrived in Taipei on Saturday. US allies have been bolstering support for Taiwan even as they only recognise China.
The announcement was made by Honduran President Castro. The move risks reducing Taiwan's allies as China does not allow countries with which it has relations to maintain ties with Taiwan.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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