Nicolas Maduro. Photo: Mikhail Svetlov/Getty Images

Venezuelan President Nicolás Maduro is under investigation as part of a probe from the United States for his alleged involvement in a $1.2 billion money laundering scheme, reports the Miami Herald.

Why it matters: If Maduro is found guilty, he likely won't be charged. However, it will add to the political tension for Maduro in his own country as well as with President Trump and the United States.

The details: Maduro has not been formally charged with anything to this point. He and other government officials are being investigated for links to a network that prosecutors say has funneled "vast amounts" of money into European and U.S. banks from Venezeula's national oil company.

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16 mins ago - World

Trump announces historic normalization of ties between Israel and UAE

Israel Prime Minister Netanyahu, Trump and UAE Crown Prince Mohammed bin Zayed. Photo: Artur Widak/NurPhoto; Samuel Corum; Odd Andersen/AFP via Getty Images

President Trump announced a "historic" deal Thursday which will see Israel and the UAE open full diplomatic relations and Israel suspend its annexation plans in the West Bank.

Why it matters: This is a major breakthrough for Israel, which does not have diplomatic recognition in many Middle Eastern countries but has been steadily improving relations in the Gulf, largely due to mutual antipathy toward Iran. Egypt and Jordan are the only two Arab countries that have active diplomatic ties with Israel, and the UAE is the first of the Gulf Arab states to normalize relations.

Updated 38 mins ago - Politics & Policy

Trump vows to block stimulus funding for mail-in voting and USPS

President Trump on Thursday told Fox Business' Maria Bartiromo that Democratic demands to fund mail-in voting and the U.S. Postal Service in ongoing coronavirus stimulus negotiations were a non-starter.

Why it matters: Trump directly linked Democrats' desired $3.6 billion for mail-in voting and $25 billion for the USPS to his continued baseless claims that increased mail-in voting will lead to widespread voter fraud.

Wind and solar power hit record global market shares in first half of 2020

Reproduced from Ember; Chart: Axios Visuals

A steep decline in coal-fired power combined with rising wind and solar output drove the carbon-free sources to record global market share in the first half of 2020, per a new analysis from the environmental think tank Ember.

Why it matters: The report shows how the coronavirus pandemic is speeding the ongoing shakeup of the global power mix — but also how it's occurring too slowly to reach international climate goals.