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The United Nations Conference on Trade and Development reported in 2008 and 2010 that, even as the financial crisis affected global trade, with a contraction of 12 percent in international trade, export in creative goods continued to grow.

The United States remains skeptical, but will not openly block Seoul from reaching out to Pyongyang, as clearly shown by the decision to postpone the US-South Korean joint military drills during the Pyeongchang Winter Olympics.

The US economy will recover from the COVID-19 pandemic, but the process could stretch through until the end of 2021, Powell said.

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The US death toll from COVID-19 approached 190,000 Wednesday, with at least a half-million children infected, as a top health official undercut President Donald Trump's suggestion that a vaccine may be available by Election Day.

The United States on Monday removed the label of "currency manipulator" from China, a move experts said is "just recognizing reality" and will be welcomed by investors.

The US government's latest attempt to address the spike in asylum-seeking families at the southern border has been slammed by rights groups who said it is "another attack" and won't solve the problem.

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The US sees the YPG as distinct from the PKK and as a valuable partner in the fight against IS extremists.

The UK's national tourism authority's inaugural "MeetGB China" event, which marketed the UK as an attractive destination for meetings, incentives, conferences, and exhibitions, which are known collectively as MICE, brought together 27 British suppliers and 25 Chinese industry buyers in Edinburgh on Friday.

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The US government has pressured Mexico to halt the advance of the migrants and President Enrique Pena Nieto has offered temporary identification papers and jobs if they register for asylum in the southern states of Chiapas and Oaxaca.

The UN chief cited a recent report which revealed that only one-fifth of climate finance goes to adaptation. Furthermore, only 14 percent of recent financing went to the world's least developed countries, and only 2 percent to small island developing states.