At stake is China's growing footprint in Central America, once a steadfast base for Taiwan and where the US is worried about Beijing's expanding influence in its backyard.
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.
Honduran Foreign Minister Eduardo Enrique Reina said the decision to switch allegiance to China was partly because it was 'up to its neck' in financial debt & owes $600 million to Taiwan
While processes for reform have been set in motion across the globe, change seldom comes without risks. From Saudi Arabia, which is going through its own Arab Spring, to Zimbabwe, which is still coming to terms with the end of a 37-year old dictatorship, risks abound.
Petrol & diesel prices have barely changed since June 2022, even though oil prices have fallen 28% since then. This has boosted profitability of OMCs and dividend payouts to govt.
ThePrint had reported earlier this month that while theaterisation is the ultimate goal, set to be rolled out one year from now, the focus is on structured jointness initiatives by 2024-end.
Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?
COMMENTS