The US is considering lifting sanctions on Venezuela’s central bank to facilitate the flow of billions of dollars into the country’s battered economy, according to people familiar with the matter. Source: bloomberg.com

The best-case scenario for the Iran crisis is still pretty bad. Source: vox.com

His potential nomination comes as the president’s approval rating on the economy is falling to new lows, particularly since gas prices have been driven up by the war. Source: politico.com

Paraguay’s President ​Santiago Pena on Wednesday appointed ‌Oscar Lovera as the South American nation’s new economy and finance ​minister, the government said ​in a statement. Source: reuters.com

San Francisco Federal Reserve President ‌Mary Daly on Wednesday said the U.S. economy is fundamentally in a “good place” despite sharply higher oil prices from the Iran war and the uncertainty over how long the war will last. Source: reuters.com

President Donald Trump has cast a fragile two-week ceasefire between the United States and Iran as a “total and complete victory.” But the terms of the truce highlight how Iran has used control of the Strait of Hormuz to gain enormous leverage over the global economy. Source: cnn.com