United States Treasury Secretary Steven Mnuchin has made calls to the heads of the country's six largest banks, a move to reassure investors after huge falls in US stocks. Last week, US stocks suffered one of the worst weekly falls in a decade as an interest rate rise and US-China trade tensions rattled markets.
United States president Donald Trump on Tuesday sanctioned the wife of Nicaraguan president Daniel Ortega and one of his aides under a new executive order allowing Washington to target Nicaraguan officials for a crackdown on anti-government protests.
A judge in Andorra has charged 29 Venezuelans with corruption - among them two former deputy ministers. Prosecutors allege that they were part of a network of corrupt officials who received US$ 2.3bn in bribes from companies in return for lucrative contracts with Venezuela's state-run oil company, PDVSA.
Two days before presidential elections in Venezuela, the Trump administration on Friday announced sanctions against a powerful governing party politician, accusing him of drug trafficking, extortion, money laundering and embezzling government money.
Western powers, Russia and China remain committed to the Iran nuclear deal - after the US announced it was withdrawing from the agreement. The UK, France and Germany say they will work with all remaining parties and urged the US not to obstruct its implementation and the other signatories to the 2015 deal - Russia and China - have also stressed their continuing support.
Robot trading has accelerated this week's market dive and may have sparked the sell-off, experts say. Financial firms use computers programmed with complex sets of instructions known as algorithms, which identify trading opportunities and then strike faster than any human could.
Argentina's incoming Finance minister Alfonso Prat-Gay spoke with the United States Treasury Secretary Jack Lew to discuss economic plans to achieve sustained economic growth. The minister also announced in a long interview with Buenos Aires main dailies that lifting the dollar 'clamp' as promised by president-elect Mauricio Macri, will much depend on the level of international reserves Argentina can count with.
The British government said on Monday it plans to sell at least £2 billion ($3.04 billion) worth of shares in Lloyds Banking Group PLC to the general public at a discount next spring as part of a broader move to cash out its stake in the bailed-out lender.
The US has announced sanctions against four alleged members of Colombia's Farc rebel group, accusing them of drug trafficking and money laundering. The four men used a shop in Switzerland as a front for their activities, the US treasury department said. It says the Farc still use drugs to fund their “ruthless operation”.
The Federal Reserve has begun detailing how it plans to ease the US economy out of an era of loose monetary policy, indicating it will end its asset purchases in October and appearing near agreement on a plan to manage interest rates in the future, according to minutes of the last Fed policy meeting.