The trade dispute between the United States and China has benefited Brazil so far but could prove harmful long term as higher grain prices will make the country’s exports less competitive, Brazil’s farm minister said. Brazil is the world's leading poultry exporter.Add your comment!
China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signaled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday.Add your comment!
Federal Reserve officials earlier this month suggested that another rate hike was on the way soon, while also noting several risks facing the economy, ranging from rising wage pressures to potential harm from the Trump administration's trade policies.Add your comment!
United States lawmakers passed Tuesday the first major rollback of banking regulations enacted after the financial crisis that were aimed at protecting taxpayers from fresh economic trauma and new bank bailouts.1 comment
Secretary of State Mike Pompeo has said the US is imposing the strongest sanctions in history on Iran. In a speech on Monday in Washington, America's top diplomat said Iran would be battling to keep its economy alive after the sanctions took effect.5 comments
President Donald Trump on Monday increased pressure on Venezuelan President Nicolas Maduro with an executive order that restricts his regime from selling off public assets and blocks purchases of the country's debt.Add your comment!
The United States and China are pulling back from the brink of a trade war after the world's two biggest economies reported progress in talks aimed at bringing down America's massive trade deficit with Beijing. We are putting the trade war on hold, Treasury Secretary Steven Mnuchin said on Sunday.Add your comment!
Venezuela’s populist leader Nicolas Maduro won a new six-year term on Sunday, but his main rivals disavowed the election alleging massive irregularities in a process critics decried as a farce propping up a dictatorship. Victory for the 55-year-old former bus driver, who replaced Hugo Chavez after his death from cancer in 2013, may trigger a new round of western sanctions against the populist government as it grapples with a ruinous economic crisis.2 comments
Two days before presidential elections in Venezuela, the Trump administration on Friday announced sanctions against a powerful governing party politician, accusing him of drug trafficking, extortion, money laundering and embezzling government money.Add your comment!
Ten people were killed and 10 wounded in a shooting on Friday morning at a high school south of Houston, authorities said. The shooting at Santa Fe High School was the nation's deadliest such attack since the massacre in Florida that gave rise to a campaign by teens for gun control.11 comments