At least 8 tons of gold were removed from the Venezuelan central bank’s vaults last week, an opposition legislator and three government sources told Reuters, in the latest sign of President Nicolas Maduro’s desperation to raise hard currency amid tightening sanctions.
Venezuelan opposition leader Juan Guaido arrived in Brazil on Wednesday night to meet with Brazilian President Jair Bolsonaro as part of a tour of several nations to drum up international pressure on President Nicolas Maduro to step down.
Donald Trump's former personal lawyer Michael Cohen called the US president a conman, a cheat and a racist in explosive congressional testimony on Wednesday, saying he was ashamed of a decade of working for the real estate billionaire.
President Trump and North Korean leader Kim Jong Un abruptly cut short their two-day summit on Thursday after the two leaders failed to reach an agreement to dismantle that country’s nuclear weapons. Although Kim said he was ready in principle to denuclearize, he and Trump ended their meetings without sitting for a planned lunch and without participating in a joint signing ceremony.
Airlines operating flights from East Asia to destinations in Europe are having to reroute their planes away from Pakistan and northern India. The airspace is closed because of escalating tension between the two countries, following the shooting down of two Indian military jets. Flights via Pakistan have been canceled and other flights rerouted.
India has demanded the release of a fighter pilot shot down by Pakistan warplanes in a major escalation between the two nuclear powers over Kashmir. Video showing the pilot, blindfolded and with blood on his face, was shared by Pakistan's information ministry. India described the images as a vulgar display of an injured personnel.
Argentina's economic activity fell 2.6% in 2018 versus the previous year, government statistics agency Indec said on Wednesday, underscoring the turmoil that dragged the country into recession last year.
The US trade deficit widened sharply in December as slowing global demand and a strong dollar weighed on exports, another sign that economic growth slowed in the fourth quarter. Other data from the Commerce Department on Wednesday showed new orders for US-made goods barely rose in December and business spending on equipment was much weaker than previously thought, pointing to a softening in manufacturing activity.
China's manufacturing activity shrank for a third straight month in February, sinking to its worst performance in three years as the economy slows and the US trade war bites, official data showed on Thursday. The Purchasing Managers' Index (PMI), a gauge of factory conditions, came in at 49.2 for the month, down from 49.5 in January, according to the National Bureau of Statistics (NBS).
The cesarean section carried out on an 11-year-old girl raped by her grandmother's husband has reopened the debate about abortion in Argentina, where rules on pregnancy terminations are strict.