The world’s financial leaders rejected protectionism on Tuesday and urged “further dialogue” on trade, but failed to diffuse the threat of a trade war days before U.S. metals tariffs take effect and Washington is to announce measures against China. Finance ministers and central bankers of the world’s 20 biggest economies, which represent 75% of world trade and 85% of global gross domestic product, discussed trade disruptions as a risk to growth at a two-day meeting.
Google has said it will invest US$300 million in helping news organizations to fight fake news and grow their businesses. The search engine giant will also invest in new technological tools to enhance online news consumption.
President Donald Trump congratulated Russian President Vladimir Putin on his re-election during a phone call on Tuesday and the two leaders agreed to hold talks soon. “We will probably get together in the not-too-distant future, so we can discuss arms, we can discuss arms race.” Trump told reporters before an oval office meeting with Crown Prince Mohammad bin Salman of the Kingdom of Saudi Arabia.
It took about eight months, but Brazil's giant meat packing industry JBS is finally free of its Five Rivers Cattle Feeding operations. The Greeley-based company in Colorado had planned since last June to sell its massive cattle feeding operations, which span six states including Colorado. The deal became final and closed on Friday.
The leaders of France, Germany, the US and UK say there is “no plausible alternative explanation” to Russia having been behind the nerve agent attack in the UK. They condemned the “first offensive use of a nerve agent in Europe since the Second World War”, calling it an assault on UK sovereignty.
President Michel Temer said on Wednesday that Brazil will respond with caution to planned U.S. tariffs on steel and aluminum to avoid hurting ties with its second-largest trade partner. But if talks fail, the president emphasized, Brazil will not hesitate to take a complaint to the World Trade Organization.
Gina Haspel, 61, the newly nominated first-ever female director of the Central Intelligence Agency (CIA), is a career intelligence officer with more than 30 years' experience. Controversially, she ran a prison in Thailand where suspected al-Qaeda members were tortured by water-boarding in 2002.
Rex Tillerson was fired as secretary of State on Tuesday, ending a tumultuous tenure as America's top diplomat that was marked by a series of public disagreements with his boss — President Donald Trump.
Argentina's Commerce Secretary Miguel Braun travelled to Washington to negotiate an exemption to the higher tariffs recently placed on steel and aluminum imports by the Donald Trump administration.
United States president Donald Trump will make his Latin America debut next month, visiting Peru and Colombia after harsh rhetoric towards Hispanic migrants and neighbors to the south. Trump will travel to Peru to attend the Summit of the Americas in Lima on April 13-14, a gathering of leaders from across the Western Hemisphere, and from there he will visit Colombia.