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The U.S. military killed 11 people on Tuesday in a strike on a vessel allegedly carrying narcotics from Venezuela, President Donald Trump said. It marks the first known operation since his administration deployed warships to the southern Caribbean. Trump told reporters at the White House: “We just, over the last few minutes, literally shot out …

By Esther Ososanya Global markets are watching closely as U.S. President Donald Trump and Russian President Vladimir Putin meet in Alaska later on Friday to explore a possible ceasefire agreement in Ukraine. The war, now Europe’s biggest conflict since World War Two, has upended energy markets, driven food prices to multi-year highs, battered European assets, …

By Esther  Ososanya Brazil's $2 trillion economy is proving far more resilient than expected in the face of President Donald Trump’s sweeping 50% tariff on Brazilian imports to the United States. Thanks to limited trade exposure to the U.S., strong commodity demand from China, and broad exemptions from the new tariff, analysts and investors are …

By Esther Ososanya U.S. job growth slowed sharply in July, with nonfarm payrolls increasing by just 73,000 jobs, well below the 110,000 forecasted by economists polled by Reuters. The shortfall is even more concerning when paired with a sharp downward revision of June’s data, which now shows only 14,000 jobs were added that month, compared to the previously reported …

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