
China said on Thursday it will halve punitive tariffs on US$75 billion in US imports from Feb 14, a month after Beijing and Washington signed a truce in their long-running trade war.

The British government is hiring additional ships for the Royal Navy amid growing Brexit tensions - with reports as many as 24 extra boats could be drafted into service. The Times reports that “Ministers are getting ready to triple the number of boats in Britain’s fisheries protection squadron to police territorial waters in the event of a no-trade-deal Brexit”.

The United States said on Thursday it was pushing hard for the World Trade Organization to reach agreement on cutting fishing subsidies in coming months and viewed those talks as a test of whether the global body can still achieve multilateral deals.

Brazil's lower house of Congress late approved a bill laying out rules for the quarantine of Brazilian nationals returning from China who may be infected with coronavirus, as well as other measures to combat the disease. The measures will be in force as long as the public health emergency declared by the World Health Organization is in place.

A Brazilian higher court for labour ruled this week that there was no employment relationship between Uber and its drivers, siding with the ride-hailing company against a Sao Paulo driver. The federal judge in Brasilia ruled against recognizing an employer-employee link, arguing that Uber drivers can disconnect at any time from the app and have a flexible work schedule.

Pablo Escobar’s most notorious hit man, known by the nickname Popeye, died on Thursday at age 57 after a life of crime he celebrated on YouTube, Colombia’s prison authorities said.

President Donald Trump celebrated his impeachment acquittal on Thursday in a rambling, emotional speech raging against the investigations that have overshadowed his entire administration.

Argentina’s Senate voted in favor of a bill on Wednesday that grants power to the government of President Alberto Fernandez to handle a massive debt restructuring of bonds issued in foreign currency.

The death toll from a new coronavirus in mainland China jumped by 73 to 563 on Thursday, its third consecutive record daily rise, as experts intensified efforts to find a vaccine for a disease that has shut down Chinese cities and forced thousands more into quarantine around the world.

Argentina on Wednesday told the International Monetary Fund that Buenos Aires cannot continue servicing unsustainable debt, as the IMF encouraged it to enact efficient restructuring policies.