United States Defense Secretary Mark Esper said on Wednesday that the United States has reestablished some deterrence toward Iran in the wake of the Jan 3 drone strike that killed Iranian general Qasem Soleimani in Baghdad.
Iran said on Wednesday it respects Iraq's territorial integrity, after firing missiles at Iraqi bases housing US troops. The early Wednesday strike led Iraq to say it would summon the Iranian ambassador.
Brazil's 2019-20 crop of grains and oilseeds is expected to reach a record of nearly 250 million metric tons, mainly driven by a sharp recovery in soybean production, even as inclement weather in southern regions of the country is raising concerns about the corn crop.
Russian bank VTB is suing a Mozambique state-owned company over US$ 535 million it extended as part a series of loans now at the centre of a US$ 2 billion debt scandal. An online court filing dated Dec. 23 shows VTB has lodged a lawsuit in Britain’s High court against the Mozambique state and Mozambique Asset Management, which borrowed the money from VTB as part of a costly project that U.S. authorities say was an elaborate front for a bribery and kickback scheme.
Global economic growth is likely to be only slightly faster this year than the weak 0performance seen in 2019, according to a World Bank forecast. The world economy is likely to expand by 2.5% in 2020, up from 2.4% last year, the Bank's economists predict.
The Duke and Duchess of Sussex have released a statement saying they intend to step back as senior members of the Royal Family. Here's that statement in full: