Bloomberg US farmers will see the first payments of a $12 billion subsidy program designed to shield them from a burgeoning trade war starting in September, Agriculture Secretary Sonny Perdue said. “The mitigation payments will be eligible in September in some degree and into October and the fall,” Perdue said on the sidelines of an event at the U.S. Embassy ...

Bloomberg President Nicolas Maduro announced a two-week delay to a planned currency redenomination to August 20, when Venezuela will lop five zeroes off the refurbished bolivar and also link it to the country’s Petro cryptocurrency. By “anchoring” the Sovereign Bolivar, as the new currency will be called, the Petro will help stabilize the economy, Maduro said in a speech on ...

Bloomberg Robots could destroy about 7 million existing UK jobs but create at least that many more over the next two decades, according to analysis by PricewaterhouseCoopers. There will still be winners and losers. Worst hit will be manufacturing, which could see 25 percent of current staff cut by 2037 because of artificial intelligence and related technologies, the report said. ...