The costs of the deadly storm in Texas and the Gulf of Mexico continued to mount on Thursday, with some analysts estimating losses that approach US$100bn. Harvey has killed more than 30 people and destroyed thousands of homes. Many firms in the region, a major transport hub that is a home to the oil and gas industry, don't know when they will resume normal operations.
Mexico will not renegotiate the North American Free Trade Agreement or any other aspect of its relationship with the United States via social media or the press, the Mexican government declared Sunday.
South Korean President Moon Jae-in ordered his country's military on Tuesday to display its capabilities that can overwhelm North Korea should the communist state decide to attack, the presidential office Cheong Wa Dae said.
Federal Reserve Chair Janet Yellen on Friday emphatically defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending.
Venezuela's President Nicolás Maduro has said that a preliminary analysis shows that new financial sanctions imposed by the United States will lead to a halt in oil exports to the US. President Trump's order bans trade in Venezuelan debt and blocks its state oil firm from selling bonds in the US.
Minutes after President Donald Trump concluded his Afghanistan policy speech Monday night, the conservative site Breitbart news took an aggressive, critical approach to the address and Trump’s new policy. A banner headline blasted the president’s decision to extend the U.S. military commitment in Afghanistan as a “flip-flop” that “reverses course.”
A new report presented at the headquarters of the Organization of American States (OAS) finds that migration from El Salvador, Guatemala and Honduras to the United States is motivated in large part by poverty and hunger, aggravated by drought conditions associated with the El Niño phenomenon that began in 2014.
Johnson & Johnson has been ordered to pay US$417m to a woman who says she developed ovarian cancer after using products such as baby powder. The California jury's decision marks the largest award yet in a string of lawsuits that claim the firm did not adequately warn about cancer risks from talc-based products.
A Chinese automaker is deeply interested in buying Jeep, an iconic American brand, from Fiat Chrysler Automobiles in a move that likely would face political opposition in the U.S. and create angst among workers. Great Wall Motor told trade publication Automotive News it also has indirectly expressed interest in acquiring the brand known for its rugged, off-road vehicles.
President Donald Trump announced on Monday night his administration’s plans to continue the engagement of the United States military in Afghanistan, a strategy meant to combat the influence of the Taliban and the ISIS affiliate in the country that will for go a formal timetable and instead rely upon conditions on the ground to guide U.S. activities.