US hotel chain Starwood was able to sign a historical deal. Starwood said it would renovate and run three hotels in the capital Havana. This makes it the first American company to sign a deal with Cuba since the revolution almost 60 years ago.
Venezuela might look bad right now amid protests, scarce food and political turmoil. But analysts warn the worsening debt crisis could greatly exacerbate the dire situation - and possibly force a regime change.
Iran has signed a contract with French energy giant Total to develop its giant South Pars gas field. The 20-year deal is the largest since sanctions were lifted against Tehran last year.
The Iran nuclear deal has made the world a safer place, or so Europe says. Yet the Trump administration wants out of the accord. Differences will become apparent when Iranian President Rouhani is sworn in on Saturday.
US President Donald Trump has announced restrictions on American travel to Cuba and a clampdown on US business dealings. But he stopped short of cutting the diplomatic relations restored by President Obama in 2015.
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