Several international airlines cancel their flights in Venezuela after US warning

Airlines have canceled all flights to Venezuela amid escalating U.S. threats and military buildup near the Caribbean coast, as indicated by a warning from the Federal Aviation Administration (FAA) regarding potential hazards. This decision reflects growing concerns over safety and geopolitical tensions in the region.

The G20 summit held in South Africa has adopted a declaration despite a boycott from the United States and opposition from other nations. This summit focused on various global economic issues and aimed to foster international cooperation among member countries.

US retail sales growth showed signs of moderation in September, concluding a generally strong quarter despite ongoing consumer frustrations over high prices and job security concerns. This trend reflects the complexities of consumer behavior in a challenging economic environment.

Saudi Arabia's Crown Prince Mohammed bin Salman announced plans to invest up to $1 trillion in the United States, marking a significant shift from the Kingdom's traditional oil-centric economy towards technology and investment. This initiative aims to strengthen economic ties and diversify Saudi Arabia's financial portfolio.

The EU and US are set to resume trade negotiations next week after a two-month hiatus to address unresolved issues related to a controversial tariff deal made in July. High-level talks will take place in Brussels, involving US commerce secretary Howard Lutnick and trade representative Jamieson Greer, along with EU ministers and industry leaders.

Recent analyses question whether artificial intelligence (AI) is significantly boosting economic growth in the United States, as concerns about market stability and potential bubbles in AI-related investments emerge. The ongoing discussions highlight the mixed sentiment surrounding AI's impact on various sectors.

Oil prices have settled at their lowest in a month as the U.S. intensifies efforts to negotiate a peace deal between Russia and Ukraine. This decline reflects a reduction in the risk premium associated with oil prices, as traders react to the potential implications of peace talks on future supply and demand dynamics.

G20 envoys have reached an agreement on a draft declaration despite a boycott by the United States, highlighting ongoing tensions within the group. This development comes as the G20 summit in South Africa aims to address pressing global economic issues and promote international cooperation among member nations.