The government of Venezuela, under growing pressure from US sanctions, is telling oil traders that it will no longer receive or send payments in dollars, Dow Jones reported Sept. 13. Oil traders who export Venezuelan crude or import oil products into the country have begun converting their invoices to euros. The state oil company Petróleos de Venezuela SA (PdVSA), has instructed its private joint venture partners to convert existing cash holdings into euros. Plugging the switch, Venezuela-based state media outlet TeleSur writes: "The petrodollar is more important for US global domination than either arms exports or Hollywood culture, because it allows the US to be the biggest exporter of the dollar bills the rest of the world needs to be able to buy oil. Venezuela has decided to start de-dollarizing its economy."

Is it really possible that Philippine President Rodirgo Duterte—who has unleashed a "war on drugs" that has now reached the point of mass murder, and used charges of narco-corruption to lock up his political opponents—is himself mixed up in the drug trade? With the Philippine Senate now launching multiple investigations into the drug-related violence, charges of involvement in the narco trade have reached some of Duterte's closest family members.

A consortium led by China Three Gorges Corp has agreed to buy a giant hydro-electric plant under construction in Peru from scandal-mired Brazilian company Odebrecht. The Chinese consortium, also including Hubei Energy Group, is reported to be paying $1.39 billion for the Chaglla power plant, which is located on the Río Huallaga in Chaglla and Chinchao districts of Huánuco region. The Chaglla complex has recieved  $150 million in funding from the Inter-American Development Bank and Japan's Sumitomo Mitsui Banking Corp. When completed, it will be Peru's third largest hydro-electric facility.

Cambodia's National Assembly on July 10 passed a bill which prohibits political parties from being affiliated with convicted criminals. Commentators believe the law is aimed at weakening the opposition Cambodia National Rescue Party (CNRP). The CNRP's former leader, Sam Rainsy, recently resigned from the party after he was sentenced to two years in prison on defamation charges. As a result of the new law, Rainsy will no longer be able to be affiliated with the CNRP in any manner. The CNRP gained significant political strength in the 2013 Cambodian elections when the party took a total of 55 seats in the National Assembly, leading many to believe the defamation charges against Rainsy were politically motivated.

A stand-off opened this week in the Himalayas as Indian troops confronted Chinese military forces building a road through the disputed Doklam plateau, with each side accusing the other of crossing into its territory. The Doklam (Chinese: Donglang) plateau lies where the borders of India's Sikkim sector and China's Tibet Autonomous Region converge with that of the small independent kingdom of Bhutan—which is being drawn into the conflict between the nuclear-armed Asian giants. Bhutan issued its own complaint over the enroachment of Chinese troops on its territory. But having no direct relations with Beijing, Bhutan lodged the complaint via India's diplomatic corps. A Chinese Foreign Ministry spokesman responded by implying that India has a "hidden agenda" in the matter and is manipulating Bhutan.

Panama announced June 13 that it is breaking its long-standing diplomatic ties with Taiwan in favor of establishing relations with China—a clear political coup for Beijing. The Panamanian statement said it recognized "only one China" and considers Taiwan to be part of it. The change was spurred by an unavoidable fact: China is the second most important Panama Canal user after the United States. Last year it sent 38 million metric tons of cargo through the interoceanic waterway, accounting for 19% of its traffic. The announcement of the diplomatic switch also comes just as Chinese enterprises began building a container port, with natural gas terminals, in Panama's Colón province, on the Atlantic side of the canal. "I think Dominican Republic and Nicaragua will soon follow," Mexico's former ambassador to China, Jorge Guajardo, tweeted soon after the announcement.

President Trump announced his decision June 1 to pull the United States out of the Paris Agreement on Climate, signed by 195 nations and formally joined by 147, including the US. The United States now joins Syria and Nicaragua as the only nations in the world not supporting the accord. Nicaragua, it should be noted, failed to join because the terms of the accord are not binding, and it was therefore considered too weak. Syria is consumed by internal war, and was iced from the negotiations by restrictions on its envoys traveling to the talks. The agreement, which seeks to limit global warming to 2°C above pre-industrial levels, came into force on Nov. 4, 2016, just days before Trump was elected. Each country sets its own commitments under the accord. The United States, second-largest emitter on the planet after China, had committed to reducing its carbon emissions by 26 to 28% below 2005 levels by 2025. It also commited up to $3 billion in aid for poorer countries to address climate change by 2020. (ENS, June 2; NYT, June 1; WP, May 31)

Authorities in Qingyuan, in China's Guangdong province, canceled a planned waste incinerator project after days of angry mass protests repeatedly shook the city. Clashes erupted after thousands of residents from the outlying township of Feilaixia joined students and market workers in Qingyuan's downtown area May 7. Riot police fired tear-gas and used batons to try to disperse the crowds, but protesters only re-grouped elsewhere—even after hundreds were arrested. Residents accused authorities of failing to consult with local communities in the project, which was slated for Shili village, adjacent to Feilaixia. On May 10, as protests continued to escalate, the city government announced that it had decided to drop the plan. (EJ Insight, Hong Kong, May 11; RFA, May 8)