IMF: Mideast oil producers buoyed by higher prices, for now

Higher oil prices are helping to offset increases in public spending by the Middle East’s oil exporting heavyweights like Saudi Arabia, with these countries narrowing their budget deficit by $77 billion, the International Monetary Fund said on Tuesday.

Pence, Abe agree on North Korea sanctions, new trade talks

U.S. Vice President Mike Pence and Japanese Prime Minister Shinzo Abe on Tuesday reaffirmed the need to keep sanctions on North Korea to achieve its denuclearization as they showcased their bilateral alliance, while Pence also urged Japan to do more to reduce the U.S. trade deficit.

Fresh fighting erupts amid steps to tone down Gaza violence

A fresh wave of fighting erupted between Israeli forces and Palestinian militants in the Gaza Strip on Sunday, leaving at least six Palestinians dead just as Israel and Hamas had appeared to be making progress toward ratcheting down months of border violence.