The business dispute between the disgraced billionaire Batista brothers in Brazil and the heir to an Indonesian pulp and paper fortune is throwing a wrench in meatpacker JBS SA’s plans to list its international operations in the United States.
President Donald Trump will propose cutting billions of dollars in U.S. foreign aid in his fiscal 2021 budget while seeking an increase in funds to counter developing economic threats from China and Russia, senior administration officials revealed.
U.S. Energy Secretary Dan Brouillette said that Canada and Mexico could help export U.S. coal to Asia to get around the blocking of shipments by West Coast states concerned about the impact of the fuel on climate change.
Russian Foreign Minister Sergei Lavrov on Thursday denounced U.S. foreign policy in Venezuela, criticizing U.S. “provocations” and attempts to create what he called a pretext for military intervention.
United States on Friday criminalized transactions with Venezuelan flag carrier Conviasa, saying it wanted to pressure President Nicolas Maduro to cede power. Under the new sanctions, anyone in the United States will be banned from any transactions with Conviasa, which stands for Consorcio Venezolano de Industrias Aeronauticas y Servicios.
Argentine president Alberto Fernandez should be back in Buenos Aires on Friday following a European weeklong tour where he met the Pope and several leaders as part of his strategy to address the rescheduling of the country's foreign debt, which has the Argentine economy prostrated and with minimum chances of recovery if it has to meet capital and interest commitments.
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 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.
President Donald Trump celebrated his impeachment acquittal on Thursday in a rambling, emotional speech raging against the investigations that have overshadowed his entire administration.
U.S. House of Representatives Speaker Nancy Pelosi had not planned to tear up President Donald Trump’s State of the Union speech but decided to do so after she could not find a page “that didn’t have a lie on it,” she told fellow Democratic lawmakers on Wednesday.