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The US Federal Reserve is likely to cut interest rates for the third time since July when it meets this week, despite conflicting economic signals in the United States and what appears to be a widening internal split at the central bank.

The United Kingdom has given the green light to Chinese telecom giant Huawei Technologies Co to help build the country's next generation mobile communication technology network, said the Daily Telegraph newspaper.

The US Centers for Disease Control and Prevention (CDC) on Friday confirmed a second US case of the new coronavirus from China in a Chicago woman, and said as many as 63 potential cases were being investigated as the sometimes deadly illness continues to spread around the globe.

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The United States has a huge service trade surplus with China, and the gap has been widening.

The United Nations Security Council (UNSC) failed to agree on a regular renewal of the mandate of the UN Assistance Mission in Afghanistan (UNAMA), while agreeing to adopt "a technical roll-over" of the mandate on Friday, due to differences over the BRI, mention of which had been in previous Afghanistan resolutions.

The UNESCO World Heritage site was used as a filming location in the Harry Potter films, a franchise that is popular in China. In the movies, the cathedral plays the part of Hogwarts School of Witchcraft and Wizardry.

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The US Treasury Department announced sanctions against Conviasa on Feb 7, and Venezuelan President Nicolas Maduro said his country will file a lawsuit at the International Court of Justice "for the damage caused by the unilateral sanctions."

The UK now faces the dire prospect of exiting the EU without a deal, as the nation concurrently hurtles toward what the Bank of England predicts will be its worst recession in three centuries. This is all in the context of the Huawei ban, which will cause an estimated two-year delay to the UK rollout of 5G services and all the supplementary benefits that technological milestone will bring.

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The US business executives were testifying last week at hearings on the proposed 25 percent tariffs the US says it will impose on 0 billion worth of Chinese imports.

The USTR declared in a fact sheet that he will propose additional 25 percent tariffs on Chinese exports with annual value "commensurate with the harm caused to the US economy", referring to an estimate of that harm of "at least billion per year". The USTR also launched a dispute at the WTO "to address China's discriminatory technology practices".