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Bessent says 19 ministers agreed to address 'cheap exports' but China dissented

Treasury Secretary Scott Bessent said Tuesday that 19 of the members of the G20 had agreed to address streams of "cheap exports" that cause global economic imbalances, but said China had dissented.

Bessent made his comments at the end of a two-day meeting with finance ministers and central bankers where he tried to focus on growth, telling reporters he had urged some of his G20 counterparts to take a page from the Trump administration's playbook of using tariffs and other measures to crack down on trade imbalances.

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What happens next if jury in Lindsay Clancy murder trial can't reach verdict?

A Massachusetts jury plans to deliberate a fifth day Wednesday on whether Lindsay Clancy was criminally responsible when she strangled her three children in 2023, amid conflicting testimony about her postpregnancy mental health.

What happens if they can't reach a verdict?

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German companies under pressure as China challenges them at their own game

The heart of the German economy is making and exporting the big-ticket, complex goods that make global business run: everything from cars and locomotives to factory machinery, aircraft and construction equipment.

That model for growth is under serious pressure from a new competitor whose exports can often match or approach Germany's in quality and sell for far less: China.

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Global warming will exceed limit, UN says in report

In a strategic retreat in the fight against climate change, the United Nations has acknowledged that Earth has lost its chance to prevent some of the worst of global warming's harms. So now the world must figure out how to get temperatures below the danger zone and back to safety, officials say.

Earth is soon going to exceed the safe temperature threshold agreed upon by the world in the 2015 Paris climate accord because of warming from the burning of coal, oil and gas, according to a bleak first-of-its-kind report issued by the United Nations Environment Programme Wednesday.

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WFP will halve West Bank food assistance as it faces possible new cuts in Gaza

The United Nations' food agency said Tuesday it is halving food assistance in the Israeli-occupied West Bank because of severe funding shortages and warned it may be forced to make further cuts in Gaza, where it supports 1.5 million people.

The U.N. World Food Programme said it will reduce assistance in the West Bank from 400,000 people to 200,000 beginning this month. In Gaza, it reduced the value of cash assistance by 40% for 375,000 people in July and said additional cuts will be unavoidable unless it secures new funding.

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EU economy chief says it's not time to 'normalize' Russia presence at G20

EU economy chief Valdis Dombrovskis said Tuesday that it is not the time to "normalize" Moscow's presence at G20 meetings, as European leaders pushed back against the Russian finance minister's attendance at finance leaders' talks.

"I think the European position is known," Dombrovskis told reporters on the sidelines of the US-hosted gathering in Asheville, North Carolina. "We do not think now is the time to normalize Russia" or its presence at such talks.

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Everything you need to know about the 2026 Venice Film Festival

Some of Hollywood's biggest stars are heading to Venice, Italy, for the 83rd edition of the Venice Film Festival, which kicks off on Wednesday.

Here's a rundown of everything you need to know about the festival, the Oscar buzz and who's going.

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China warns of 'consequences' for Taiwan after Taipei envoys attend Pacific leaders summit

China warned of "consequences" for Taiwan after officials from Beijing and Taipei attended a ceremonial event at a Pacific leaders summit, where major powers already had been urged to restrain from turning a meeting of mostly small island countries into a geopolitical sideshow.

The 18 member states and territories of the Pacific Islands Forum, which opened its annual summit in Palau's largest city Koror on Monday, do not include China, the United States or Taiwan. However, battles for influence over the lucrative oceans and strategically important locations of the forum's members this week threatened, as they have before, to overshadow its summit.

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UK leader Burnham faces lawmakers for first time since taking office

Prime Minister Andy Burnham will face lawmakers in the House of Commons on Tuesday for the first time since becoming U.K. leader six weeks ago, with wars in Europe and the Middle East weighing on his promise to kick-start the economy and ease the cost of living.

Since taking office on July 20, Burnham has traveled around the country promising to deliver renewed national optimism after the downbeat two-year tenure of predecessor Keir Starmer.

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Election campaign to replace Macron heats up as summer vacation season ends

With the end of France's summer vacation season, the election campaign to replace Emmanuel Macron as president next May is bursting to life.

An unusually large and broad field of candidates is forming to lead the European Union's largest country, its second-largest economy and only nuclear-armed power, their appetites whetted by the fact that Macron is constitutionally barred from seeking a third consecutive presidential term himself.

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