International
Chile court freezes multi-million dollar lithium deal
AFP
A Chilean appeals court on Friday suspended a million-dollar state lithium tender issued two days earlier that had generated controversy for coming just two months before the end of conservative President Sebastian Pinera’s term.
“Bearing in mind that the contested act is in full execution, it is agreed not to innovate, paralyzing the bidding and award process for the lithium, while this appeal is resolved,” said the court in Copiapo in the north of the country, according to documents seen by AFP.
China’s BYD Chile SpA and Chile’s Servicios y Operaciones Mineras del Norte S.A. were awarded the right to extract 80,000 tons of lithium each over 20 years, the minerals ministry said Wednesday.
Leftist president-elect Gabriel Boric’s team had asked the government to postpone the tenders and set up a “roundtable” to discuss various conditions to apply to the contracts.
Mining minister Juan Carlos Jobet had said Wednesday the government would work with the successful companies to ensure that “a portion of the payments they must make be used to support local communities and to invest in research and development.”
And on Friday, the mining ministry said the tender has not been the subject of a “definitive cancellation” and that the process had been “open, informed, transparent and has complied with all current legislation.”
The court accepted an appeal for protection filed by the governor of Copiapo, Miguel Vargas, together with a group of Aymara and Diaguita Indigenous communities that inhabit a salt flat in the Atacama desert.
Although the government tender does not stipulate the place of extraction of the lithium, the salt flats of northern Chile are where the main deposits of the mineral are to be found.
According to the mining ministry, the tender process seeks to restore Chile’s position in the world lithium market. Until 2016, the country was the world’s largest producer with 37 percent of the market, but today it ranks second behind Australia, with 32 percent.
If the country fails to increase its production, by 2030 its share would fall to 17 percent, according to official statistics.
Central America
El Salvador and Paraguay approve 2026–2028 cooperation program
The governments of El Salvador and Paraguay approved the 2026–2028 Cooperation Program, which includes six joint development projects, according to Salvadoran Vice Minister of Foreign Affairs Adriana Mira.
Mira stated that El Salvador will act as the “main provider of cooperation,” contributing five initiatives focused on road infrastructure, tourism, and local development. She also noted that one of the projects will be led by the Paraguayan side, although no further details were disclosed.
The agreement was reached during the Second Meeting of the Joint Commission on Technical and Scientific Cooperation between both countries.
According to Paraguay’s Ministry of Foreign Affairs, the First Meeting of the Political Consultation and Bilateral Coordination Mechanism was also held, with the participation of Vice Minister Víctor Verdún.
In an official statement, the Paraguayan government reported that both delegations agreed to identify mechanisms to promote competitiveness, economic growth, and market access. They also committed to signing agreements related to air transport cooperation.
International
Macron meets Machado, stresses need for democratic transition in Venezuela
Emmanuel Macron met on Monday at the Élysée Palace with Venezuelan opposition leader María Corina Machado, where they discussed the importance of advancing a democratic transition in Venezuela.
In a message shared on social media, Macron highlighted Machado’s commitment to freedom and stressed the need to achieve a transition that is peaceful and respects the will of the Venezuelan people.
“I received María Corina Machado, Nobel Peace Prize laureate. Together, we discussed her commitment to freedom and the importance of achieving a democratic, peaceful transition in Venezuela that respects the will of its people,” he wrote.
For her part, Machado expressed her “deep gratitude” to Macron and to France for their support of democracy and freedom in Venezuela.
“We have gone through a long and painful journey, and we are now very close to freedom. Venezuela will become a nation of free and equal men and women—prosperous, safe, and united,” she said.
International
Trump says Iran seeks new talks after failed negotiations in Pakistan
Donald Trump said on Monday that Iran has reached out to United States to resume negotiations, following the collapse of recent talks held in Islamabad.
“We’ve been contacted by the other side,” Trump told reporters, adding that Iran is eager to reach a deal “at all costs.” Speaking from the Oval Office, he reiterated that his main objective is to prevent the Islamic Republic from acquiring nuclear weapons and warned that he will not allow Iran to “blackmail” the international community.
After negotiations between Washington and Tehran ended without agreement on Sunday, Trump announced that the U.S. would move to block the Strait of Hormuz, a critical route for global oil trade.
The waterway had already been disrupted by Iran in response to a U.S. and Israeli offensive launched on February 28, causing significant shocks to the global economy.
In a post on Truth Social, Trump further warned that any Iranian vessel attempting to bypass the U.S. naval blockade in the strait would be “eliminated immediately.”
The renewed tensions have pushed oil prices higher, while global stock markets have reacted negatively to the lack of an agreement in Islamabad.
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