CARACAS, Venezuela (AP) – Venezuela’s legislature advanced a bill on Thursday to loosen state control over the country’s vast oil sector in the first major overhaul since the late socialist leader Hugo Chávez nationalized parts of the industry in 2007. The legislation would formally break decades of state command over some of the world’s largest oil reserves.
NEW YORK (AP) - Few ripples washed through Wall Street Wednesday after the Federal Reserve decided to hold its main interest rate steady, just like investors expected. The S&P 500 was nearly unchanged and inched down by less than 0.1% from its all-time high. The Dow Jones Industrial Average added 12 points, or less than 0.1%, and the Nasdaq composite rose 0.2%.
DAVOS, Switzerland (AP) – U.S. President Donald Trump used the World Economic Forum in Davos, Switzerland, to unveil a proposed ” Board of Peace ” for Gaza, bringing leaders from more than a dozen countries onstage Thursday, although many top American allies aren’t participating in the board.
WASHINGTON (AP) – Secretary of State Marco Rubio gave a full-throated defense Wednesday of President Donald Trump’s military operation to oust and arrest then-Venezuelan President Nicolas Maduro, while also using his wide-ranging congressional testimony to touch on Greenland, NATO, Iran and China.
BOGOTA, Colombia (AP) – Colombia announced Thursday that it will apply a 30% tax on a group of products from Ecuador and will suspend the sale of energy to that country, in response to a matching tariff announced the previous day by the government of Ecuadorian Daniel Noboa.
DUBAI, United Arab Emirates (AP) – Iranian officials reached out to the wider Middle East on Wednesday over the threat of a possible U.S. military strike on the country, while the value of Iran’s currency reached a new low a month since the start of protests that soon spread nationwide and sparked a bloody crackdown.
FLORIDA, Chile (AP) – Firefighters and security forces battling blazes in Chile that have killed at least 21 people and ravaged swaths of forest this week faced other dangers, too, from attempted attacks to the threat of drone collisions.
Jan. 19 – The Washington Post says Congress has dropped the ball regarding oversight of ICE, DHS. Geraldo Lunas Campos died at a Texas detention center on Jan. 3 while pleading for air as guards choked him, according to a fellow detainee. The local medical examiner’s office is considering classifying his death as a homicide, The Post reports.
WASHINGTON (AP) – The House rejected a Democratic-backed resolution Thursday that would have prevented President Donald Trump from sending U.S. military forces to Venezuela after a tied vote on the legislation fell just short of the majority needed for passage.
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