On Saturday, the Treasury Secretary of the United States Steven Mnuchin announced that the US President has not been suggested by anyone to fire the head of the Fed.
A federal US judge has allowed the CVS Health Corp acquisition of the health insurer Aetna. The judge ruled that Aetna will have to independently make their own decisions in regards to personnel, pricing and products.
On Saturday, the legislators of Cuba approved a new constitution draft. The main outtake from the update is that the country will legitimize private business, which has sprung up in the country over the last decade.
The new constitution of Cuba, which was approved on Saturday, has set a term and age limit on the country's presidency. In addition, Cubans intends to introduce a position of Prime Minister.
On Saturday, Cuban lawmakers approved unanimously the revised draft of an updated constitution. The constitution intends to update the country's one-party system by opening it socio-economically.
On Sunday, it was revealed that the US government shutdown will affect nearly 15% of the federal workforce. This proportion of workers is expected to work without pay or will not report to work at all.
On Saturday evening, the US Senate held a meeting on which results it failed to stop government shutdown. Therefore, the next session will be held on Thursday.
On Saturday, the Emir of Qatar Sheikh Tamim bin Hamad Al Thani expressed support to the Sudanese President Omar al-Bashir amid anti-government protests.
The former leader of the UK Liberal Democrats, Paddy Ashdown, died at the age of 77, the party reported on Saturday evening.
According to the White House official, the US President Donald Trump plans to direct nearly $5B for southern border security, including construction of physical fences.
The US President Donald Trump stated on Saturday that negotiations with Democrats over the country's budget were continuing, yet it could be quite lengthy process.
The President of Bundesbank Jens Weidmann stated on Saturday agreement reached between the EU and Italy over next year budget lowers Brussels ability to pressure members of the Euro Zone.
In an interview on Saturday the CFO of Volkswagen revealed that despite major losses suffered due to the diesel scandal the company will still list its truck business in 2019.
On Saturday, the Chief Financial Officer of Volkswagen revealed in an interview that since 2015 the car making group has suffered lost more than 27 billion Euros due to lawsuits.
A Brazilian judge has overturned the ruling, which had paused the sale of the Brazilian plane maker Embraer to Boeing.
On Saturday, Volkswagen CFO announced that in 2019 the diesel cheating scandal will cost additional two billion Euros. The scandal cost the company in 2018 already 5.5 billion Euros.
Iranian officials on Saturday announced that the US military presence in Syria was an illogical mistake from the start of the conflict.
On Saturday, it was speculated by financial media that the US government shutdown most likely will end on January 3. On that day the new Congress takes control of the House of Congress.
On Saturday, the leader of the UK Labour party announced that a renegotiated Brexit would continue under a Labour majority government.
As the US government was shut down on Saturday, many services were taken over by local and state authorities. Even tourist attractions as national parks continued to function.
On Saturday, Elon Musk scheduled to conduct a long delayed launch of a military navigation satellite. The event would mark the company's first successful national security mission.
During this weekend the Yellow Vest protests were sparsely attended by protestors. Meanwhile, the death toll of the protests increased to ten, as a car driver hit a road block made by the protesters.
The Cuban Economy and Planning Minister Alejandro Gil Fernandez stated on Saturday that in 2019 the country's economy is expected to grow at 1.5% instead of the current 1.2%.
The British Secretary of State for Work and Pension Amber Rudd condemned on Saturday behaviour of the President of the European Commission Jean-Claude Juncker at the EU summit and called it not palatable and strange.