
Trump Says US Will Become “Guardian” of Strait of Hormuz, Wants to Be Paid for It
The president says Washington should be compensated for protecting the strategic waterway at the center of the escalating conflict with Iran.

The president says Washington should be compensated for protecting the strategic waterway at the center of the escalating conflict with Iran.

The estimate is based on satellite imagery and demographic modeling

Mexico’s fixed investment rose 5.9% in April, ending nearly 18 months of declines. The rebound was fueled by stronger construction activity and higher spending on machinery and equipment.

Centerview Partners is expected to finish the viability analysis this month

The company is waiving long-distance charges through July 15 to help customers stay connected with relatives and business contacts.

Venezuela is seeking international support to rebuild after the deadly earthquakes, holding talks with the U.S. State Department, the IMF, the World Bank and other institutions as recovery efforts continue.

The twin earthquakes that struck Venezuela on June 24 have left severe economic losses, with preliminary estimates indicating $6.7 billion in direct physical damage, about 6% of the National Gross Domestic Product (GDP). The information is contained in a rapid assessment report from the United Nations Development Program (UNDP). The analysis, conducted within hours of […]

Three days after the devastating earthquakes that struck Venezuela, rescue teams continue searching for survivors as the death toll rises to 1,430. A 4.8-magnitude aftershock shook the country Saturday, adding to fears as recovery efforts continue.

The $5.25 billion project transformed the waterway by accommodating larger vessels and helping drive record revenues.