The upcoming (due on Thursday) US President Trump's budget plan for the next year is expected to be aimed on cutting spending for the State Department and the Environmental Protection Agency.
On Wednesday, the US Federal Reserve raise interest rates by 25 basis points, being confident that inflation growth, as well as the labour market, are on track. The Fed also signaled that two more rate hikes are due this year.
French consumer fraud inspector informed prosecutors that Renault's CEO Ghosn should be arrested as he is suspected to be responsible for a car maker's diesel emissions cheating.
The Trump Administration requested the detailed US car fuel efficiency standards review from the Obama Administration, provoking a criticism from environmental groups.
New Zealand sold inflation linked bonds, for the first in two years, in a sign of rising demand, while Italy sold €3B worth inflation linked bonds using syndicate of banks.
The Libyan Eastern Parliament stated that it has encouraged the end of an agreement to unify the NOC after major oil ports were recaptured by an eastern forces from the rival faction.
In Ethiopia, the death toll from the trash dump landslide rose to 113 people. The government announced three days of a national mourning.
Turkey decided to block military training and cooperation with NATO partners amid evident EU states' escalation of the diplomatic dispute.
The remaining members of the Trans-Pacific Partnership, 11 countries, stated that the Alliance had discussed a future steps forward Asia Pacific's advanced economic integration.
Eight people died and approximately 50 people were injured amid car bomb explosion in downtown Tikrit, Iraq. No claim of responsibility for the explosion has been reported.
In Berlin, a package with explosives was found at the Germany's Finance Ministry and was meant for Finance Minister Schaeuble.
Three people died in western Austria due to an avalanche that swept away a ski touring group. The fourth person was missing in 12 meter deep snow.
Opel's CEO Neumann stated that he decided to remain in his position even though the company has been sold to Peugeot, French car maker, at €2.2B.
The heads of the House of Representatives Intelligence Committee stated that NSA and FBI directors would witness about the Trump Towers wiretap claims and Russia's interference into the US election.
According to the Bosch executive Dirk Hoheisel, the tech giant is eager to adhere to its own technology despite a $15B merger deal between Intel and Bosch's Israeli rival Mobileye.
The public servants and rural workers of Brazil raised protests on Wednesday in Sao Paulo and Rio de Jainero against the government's pension reform, blocking the roads and occupying the finance ministry premises.
The severe snowstorm that hit the Northeastern United States on Tuesday, began to weaken the next day after leaving six people dead.
On Wednesday, the federal police reported that the Iraqi security forces gained control over the Iron Bridge, moving towards the mosque to cast out the Islamic State militants.
The IPC food analysing system reported on Wednesday that no starvation was declared in Yemen; however, 60% of the Yemeni residents are on the edge of emergency food situations.
According to the state media, a suicide attacker detonated a bomb leaving no less than 25 people dead and dozens injured at the Damascus court building.
A suicide bomber left dozens dead and injured at the court building of Damascus on Wednesday; however no more details have been reported yet.
The CEO of the luxury carmaker Audi Rupert Stadler told journalists on Wednesday that German prosecutors did not search his private house on the back of the company's emissions issue.
Top officials of the European Union have condemned the childish remarks made by Turkish politicians in the direction of Germany and the Netherlands. In particular, Donald Tusk commented that the Turks are "completely detached from reality."
On Wednesday Ukrainian authorities stopped all cargo traffic, which is being shipped between Ukraine and the eastern separatist held territories. This comes in the aftermath of the rebels seizing various enterprises.