Trucks carrying humanitarian aid for crisis-stricken Venezuela arrived in the Colombian border city of Cucuta on Thursday as diplomatically-isolated President Nicolas Maduro appeared set to block its entry amid an escalating political crisis.
United Nations trade official has warned a US plan to raise tariffs on Chinese goods next month would have massive implications for the global economy. The US plans to increase tariffs on Chinese goods if the two sides fail to make progress on a trade deal by 1 March.
United States President Donald Trump has announced in his State of the Union speech that he will hold a second nuclear summit with North Korea's leader this month. In an address to the nation with the theme Choosing Greatness, he vowed once again to build a border wall.
Trucks carrying food and medical supplies sent by the United States to be stockpiled until it can be brought into Venezuela will arrive later this week at Guaido’s request and will be prepositioned at the main Colombian-Venezuelan border crossing at Cucuta, U.S. sources revealed
The Trump administration has notified World Bank shareholders that President Donald Trump intends to pick senior Treasury Department official David Malpass as the U.S. nominee to lead the development lender, people familiar with the decision said on Monday.
The US is to send an additional 2,000 troops to its border with Mexico, the Pentagon has announced. It will bring the total number of troops stationed on the southern border to about 4,300. The Pentagon said the soldiers would help border-patrol agents, carry out surveillance work and install miles of razor wire.
The US says it is sending aid to crisis-hit Venezuela following a request from Juan Guaidó, the opposition leader who has declared himself interim president. Mr Guaidó's move last month won swift backing from the US and others but triggered a power struggle.
Most Latin American stocks rose on Friday after U.S. economic data pointed to the possibility that the Federal Reserve could keep interest rates unchanged. Shares extended their rally after U.S. employment and manufacturing data underscored a strong economy with little wage inflation.
U.S. sanctions will sharply limit oil transactions between Venezuela and other countries and are similar to but slightly less extensive than those imposed on Iran last year, experts said on Friday after looking at details posted by the Treasury Department.
France, Germany and Britain have opened a new channel for non-dollar trade with Iran to avert U.S. sanctions, although diplomats say it is unlikely to allow for the big transactions that Tehran says it needs to keep a nuclear deal afloat. Washington’s major European allies opposed last year’s decision by U.S. President Donald Trump to abandon the 2015 deal, under which international sanctions on Iran were lifted in return for Tehran accepting curbs on its nuclear program.