Relations between Beijing and Washington deteriorated in late May when US President Donald Trump announced that $50 billion worth of Chinese goods would be subject to 25 percent tariffs in a bid to fix the US trade deficit with China. Since then, the two countries have exchanged several rounds of hefty trade duties.
Embattled Argentinian President Mauricio Macri has been scrambling to shore up his country’s struggling currency since the IMF’s executive board finally approved a record – and expanded – $57 billion bailout loan with the explicit condition that the country’s central bank refrain from using that money to support the Argentine peso.
Prosecutors are investigating whether Belgian banks paid out interest and dividends on accounts frozen under UN sanctions in 2011 after the ouster of the Libyan leader Muammar Gaddafi.