The dollar stepped back from 13-1/2-month highs against other major currencies on Friday as talks next week between China and the United States offered some hope that the world’s two largest economies will find a way to head off a full-blown trade war.
The Republican-led Senate passed a resolution affirming its commitment to protecting freedom of speech and condemned recent attacks on journalists and members of the media. In a resolution brought forth by Hawaii Sen. Brian Schatz, a Democrat, and Senate Minority Leader Chuck Schumer, lawmakers affirmed that the press is not the enemy of the people, which passed by unanimous consent.
More than 300 U.S. newspapers run editorials on Thursday that promote press freedom to counter Donald Trump's attacks on the media, in a move coordinated by The Boston Globe. President Trump has often attacked some media reports as “fake news” and called journalists the “enemy of the people,” and “very dangerous and sick,” in a tweet earlier this month.
The Pennsylvania Supreme Court has released a grand jury report detailing sex abuse in the Catholic Church, naming over 300 accused clergymen. The landmark grand jury investigation found more than 1,000 children had been abused by members of six dioceses in the state for the last 70 years.
United States and Mexican law enforcement authorities will set up a joint team based in Chicago targeting the leaders and finances of drug cartels that ship opioids into the United States, aiming to stanch a spike in overdose deaths, officials said on Wednesday.
The White House on Wednesday condemned Turkey’s doubling of tariffs on U.S. cars, alcohol and tobacco imports, calling the action “a step in the wrong direction.” Turkey took the action in response to what it called the Trump's administration's attack on its economy. The United States doubled tariffs on Turkish steel and aluminum last week, which contributed to a tumble in the Turkish lira.
United States Defense Secretary Jim Mattis on Wednesday pledged closer defense cooperation with Argentina. Standing beside his Argentine counterpart, Oscar Aguad, Mattis said the military partnership can be strengthened and alluded to the help the U.S. Navy provided Argentina last November when one of its submarines went missing with 44 sailors aboard.
United States Defense Secretary James N. Mattis and Foreign Minister Aloysio Nunes of Brazil met on Monday at the Itamaraty Palace in Brazil to reaffirm the long-standing bilateral relationship between their nations, chief Pentagon spokesperson Dana W. White said.
Pharmaceutical group Bayer has dismissed claims that an ingredient used in weed killers is carcinogenic. The German company, which owns agriculture giant Monsanto, says herbicides containing glyphosate are safe.
Former White House chief strategist Stephen Bannon on Sunday defended Boris Johnson amid controversy over the former British foreign secretary's comments that women who wear burqas look like “letterboxes” and “bank robbers.”