International Court of Justice Orders Venezuela Not to Hold Elections in Essequibo

On May 1, the International Court of Justice (ICJ) reaffirmed its previous decision prohibiting Venezuela from holding elections or any similar activity in the disputed territory of Essequibo, which is currently administered by Guyana. While Caracas does not recognize the ICJ’s authority and maintains its historical stance, Georgetown welcomes the ruling and is bolstering its military capabilities amid rising tensions in the region.

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BRICS Demand Urgent Reform of International System with Expansion of UN Security Council

The BRICS nations are speaking out against unilateral decisions and calling for urgent reform of the global order. The latest meeting of Foreign Ministers took place this week in Rio de Janeiro, where members of the group—now expanded to 11 countries—made it clear that deep changes are needed in the institutions governing the world. They also discussed strategies to counter the trade war initiated by the United States, advocating for a more balanced approach and alternatives to the use of the dollar.

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Russia’s Energy Strategy for 2050 and the Reshaping of the Global Order

In a context of geoeconomic tensions and accelerating rhetoric around the energy transition, Russia has solidified its strategic roadmap for the energy sector through 2050. Approved in April 2024, this document not only redefines domestic priorities but also articulates a forceful narrative about the future of global power. Through the case of Rosneft, the state-owned oil giant, a structural challenge to the Western-led energy and financial model emerges, posing both a conceptual and practical test for the international order.

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CELAC Reaffirms Regional Unity and Condemns Sanctions at Tegucigalpa Summit; Colombia Assumes Leadership

The IX Summit of the Community of Latin American and Caribbean States (CELAC) concluded with the signing of the Tegucigalpa Declaration, reaffirming the commitment to sovereignty, non-interference, and the rejection of unilateral coercive measures. Honduras handed over the pro tempore presidency to Colombia, which will seek to expand the bloc’s influence amid trade tensions and in solidarity with Venezuela, Cuba, and Palestine.

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Putin and Trump Agree to Truce in Ukraine: Why Does This Rapprochement Matter for Venezuela?

On March 18, 2025, the presidents of Russia and the United States, Vladimir Putin and Donald Trump, held a telephone conversation that marks an important episode in the Ukrainian conflict. Both leaders agreed to a 30-day ceasefire, focused on protecting energy infrastructure and facilitating humanitarian advances, including a prisoner exchange that took place on March 19.

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