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The United States and Brazil have agreed to allow access to each other's beef markets after more than a decade of negotiations. Brazil's Ministry of Agriculture, Livestock and Food Supply has agreed to imports of U.S. beef for the first time in 13 years, USDA announced today. And the U.S. will accept Brazilian beef for the first time since 1999.
The United States economy grew at a much slower pace than expected in the second quarter and GDP was revised down in the first three months of the year. The world's largest economy grew at an annual rate of 1.2% in the three months to June, far below forecasts of 2.6%, Growth for the first quarter was revised down from 1.1% to 0.8%.
The Uruguayan government announced on Thursday it will not fund the return trip or to Turkey or any third country, of former Guantanamo prisoner, Jihad Ahmad Dhiab who went missing for over a month and this week turned up at the Uruguayan consulate in Caracas, Venezuela.
The United States Federal Reserve on Thursday left key interest rates untouched but acknowledged improved economic performance, suggesting a rate increase may be on the horizon in 2016.
Hillary Clinton triumphantly captured the Democratic nomination for president of the United States on Tuesday night, the first woman ever to lead a major political party into the general election.
Two nephews of Venezuela’s powerful first lady Cilia Flores, confessed to trying to smuggle 800 kilograms of cocaine into the US, according to prosecutors in the politically-charged case. The court filings by prosecutors shed new light on the case that has sounded alarm bells about high-level corruption and drug trafficking by Venezuela’s political elite at a time of increasing economic and political turmoil in the country.
In the face of a “worrying” rise in protectionism, trade ministers from the world’s major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China’s Commerce Minister Gao Hucheng announced at the closing of the Group of 20, G20, meeting in Shanghai.
HSBC 2012 money laundering was so great that if charged it could have led to 'a global financial disaster'
United States officials refused to prosecute HSBC for money laundering in 2012 because of concerns within the Department of Justice that it would cause a global financial disaster, a report says. A US Congressional report revealed UK officials, including Chancellor George Osborne, added to pressure by warning the US it could lead to market turmoil.
US economy created 287,000 jobs in June, rebounding strongly from disappointing growth in May. The figure was much stronger than forecast, and the dollar and yields on US government bonds rose in the belief a US rate rise was now more likely.
John Prescott, who was deputy prime minister when Britain went to war with Iraq in 2003, says the invasion by UK and US forces was illegal. Writing in the Sunday Mirror, he said he would live with the catastrophic decision for the rest of his life.