
The US government will not intervene to weaken the value of the dollar, despite persistent concerns about actions by other countries to influence their currencies, a top White House economic aide said on Friday.

Brazilian foreign minister Ernesto Araujo batted away concerns about Brazil's relations with China, its biggest trade partner, during the BRICS summit hosted by Brazil. Many had feared ties could rupture under newly-elected President Jair Bolsonaro, whose previous criticisms of Beijing and fervent admiration of US President Donald Trump are shared by Araujo.

The US and Guatemala have signed a migration agreement, days after US President Donald Trump threatened the Central American country with tariffs. Under the deal, migrants from Honduras and El Salvador who pass through Guatemala would be required to stop and seek asylum there first. Migrants who failed to do so would then be ineligible for asylum in the US.

The US Justice Department on Thursday reinstated a two-decades long-dormant policy allowing the federal government's use of capital punishment and immediately scheduled the executions for five death row federal inmates.

By Gwynne Dyer - It has been suggested that Boris Johnson (who becomes the prime minister of the United Kingdom, UK) is what you would get if Donald Trump had been educated at Eton and Oxford. Maybe, although there is a great gulf between Trump’s bombastic self-promotion and Johnson’s self-deprecating, rather shambolic persona.

The U.S. government will pay a minimum of US$ 15 per acre to farmers hurt by President Donald Trump’s trade war with China under an aid package to be unveiled before the end of the week, Agriculture Secretary Sonny Perdue said.

Boris Johnson has been elected new Conservative leader in a ballot of party members and will become the next UK prime minister. He beat Jeremy Hunt comfortably, winning 92,153 votes to his rival's 46,656. The former London mayor takes over from Theresa May on Wednesday.

US President Donald Trump said on Monday that a compromise bipartisan budget agreement has been reached that will boost federal spending by US$320 billion and suspend the debt limit beyond the next presidential election.

Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90% since President Donald Trump took office.

US Secretary of State Mike Pompeo on Sunday thanked his Mexican counterpart for increased immigration enforcement by the country, which he said is leading to fewer migrants entering the United States.