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Brazil and the United States have agreed to form a working group to discuss US tariffs on Brazilian goods and other bilateral trade issues, Brazil's Ministry of Development, Industry, Trade and Services said Wednesday.
Japan's cabinet on Friday approved a bill to temporarily cut the consumption tax on food and beverages and introduce an income-based benefit program, marking a major step toward securing its passage during the current Diet session.
US President Donald Trump said on Thursday that the US will not attack Iran before November's US midterm congressional elections, asserting that the two countries are having "productive" talks about ending the months-long conflict.
The International Energy Agency (IEA) on Wednesday backed an accelerated release of about 100 million barrels of oil from emergency reserves, as Middle East tensions and disruptions to shipping through the Strait of Hormuz continue to push up energy prices.