Bloomberg Venezuelan President Nicolas Maduro announced undefined “military exercises” for the embattled nation, just a day after pledging to prolong his government’s special emergency powers. Speaking in Caracas’s Ibarra Square after a march on Saturday by several hundred supporters, Maduro said his opponents are orchestrating foreign military intervention in Venezuela. Exercises by the army and militia groups would prepare ...

  Bloomberg Federally mandated ethanol blending is adding extra pressure to the faltering profits of U.S. refiners. The worst crude oil downturn in a generation, which at first helped refiners’ profits, has now passed through to the fuel prices. Now, gasoline is cheaper than the ethanol that refiners have no choice but to use. Ethanol averaged 30 cents above gasoline ...

  Aden / AFP A suicide bombing claimed by the IS group and a second attack killed 37 police on Sunday in the Yemeni port of Mukalla where a year of Al-Qaeda rule ended last month, medics said. It was the second attack in days claimed by IS in the city of 200,000 people that was recaptured by government forces ...