
President Donald Trump on Wednesday boosted Brazil's status as a US military ally, easing the path for the Latin American giant to buy more sophisticated weaponry. In a notice sent to the State Department, Trump said, “I hereby designate the Federative Republic of Brazil as a major Non-NATO Ally of the United States,” referring to the powerful North Atlantic Treaty Organization (NATO).
U.S. and Chinese negotiators ended a brief round of trade talks on Wednesday with little sign of progress and agreed to meet again in September, prolonging an uneasy truce in a year-long trade war between the world’s two largest economies.

A delegation of five members of the United States Congress is in Gibraltar for a two day visit. This follows the trip to Washington by Deputy Chief Minister Dr. Joseph Garcia earlier this year. The visit has been organized through the United Kingdom under the Mutual Educational and Cultural Exchange Act (MECEA) scheme.

President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.

Venezuela could lose its largest U.S. asset after a court allowed a Canadian gold miner to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.

US economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health.

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.

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.

Venezuela President Nicolas Maduro on Wednesday blamed the “desperate” United States for a major power cut that affected large parts of the crisis-wracked country on Monday.