
The Federal Reserve on Wednesday signaled its three-year-drive to tighten monetary policy may be at an end amid a suddenly cloudy outlook for the U.S. economy due to global headwinds and impasses over trade and government budget negotiations.

United States lobby groups for agriculture and pharmaceutical firms want UK standards changed to be closer to those of the US in a post-Brexit trade deal. The meat lobby wants the sale of growth hormone-fed beef, currently banned in the UK and EU, to be allowed in the UK.

Russia and China strongly criticized U.S. sanctions placed on Venezuela, with the former pledging to support the beleaguered President Nicolas Maduro. Russian Foreign Minister Sergei Lavrov said on Tuesday the sanctions completely undermined confidence in an international financial system that is dominated by the U.S., Russian news agency Interfax reported.

Consulted on possible military option in Venezuela, the declared interim President of Venezuela, Juan Guaidó, told the CNN channel that all the options are on the table “to achieve the cessation of the usurpation”.

The United States Justice Department has filed a host of criminal charges against Chinese telecoms giant Huawei and its chief financial officer, Meng Wanzhou. The charges against the world's second largest smart-phone maker include accusations of bank fraud, obstruction of justice and theft of technology.

The US has imposed sanctions on Venezuela's state-owned oil firm PDVSA and urged the country's military to accept a peaceful transfer of power. National Security Adviser John Bolton said President Nicolás Maduro and his allies could no longer loot the assets of the Venezuelan people. Efforts by the opposition to unseat Mr Maduro have increased in recent days.

The US has warned Venezuela that any threats against American diplomats or opposition leader Juan Guaidó will be met with “a significant response”. National Security Adviser John Bolton said any such “intimidation” would be “a grave assault on the rule of law”.

Brazil is poised to export more corn than soybeans for the first time in a year this January, although sales of the oilseed remain high for the period, according to government and shipping data.

The Security Council convened by the United States this Saturday to discuss the institutional and political crisis that Venezuela is experiencing has been lifted this afternoon. With a strongly polarized participation, the bloc that supports the transitional government of Juan Guaidó with the US at the head, faced the block that recognizes as legitimate the regime of Nicolás Maduro, headed by Russia and China. Latin American countries also expressed their positions, describing the case as a crisis that directly affects the region.

Venezuelan opposition leader Juan Guaidó has rejected an offer of talks from President Nicolás Maduro amid an ongoing power struggle between the two. Guaidó declared himself “acting president” on Wednesday, a position that has been recognized by several countries, including the US, Canada, the Lima Group and some EU members, but not the EU as a block..