By Nick Cunningham of Oilprice.com - On a historic auction for deepwater oil assets in Brazil, the oil majors showed up on October 27 and bought several offshore blocks, indicating a high level of interest in the country after a major policy overhaul allowed private investment.
Brazil's Finance Minister Henrique Meirelles insisted on Monday that he is not planning to run for president and told a business meeting he could consider being a vice presidential running mate.
Bank of England is expected to reverse emergency action taken following the Brexit referendum, when it cut rates from 0.5% to 0.25% to avert a recession. While a slump has not materialized, the British economy appears in worse health than most other major countries, with potential to be blown further off course by faltering talks to leave the EU.
Argentina’s top prosecutor quit on Monday under pressure from the government over accusations that she hampered corruption investigations into officials from the previous administration of President Cristina Fernandez.
Argentina's President Mauricio Macri vowed to press ahead with reforms to the country's tax, labor and retirement systems in a speech on Monday, a week after his Let's Change coalition swept to victory at the polls in midterm elections.
Sacked Catalan President Carles Puigdemont has gone to Belgium, a lawyer he has hired there says. The lawyer, Paul Bekaert, did not comment on reports that Puigdemont could be preparing an asylum claim.
Residents of the Falkland Islands are due to go to the polls to elect their new Legislative Assembly on Thursday 9th November 2017. Seventeen candidates are standing for the eight available spots on the Assembly. The Assembly is responsible for the internal government of the Islands and sets the national agenda. It also liaises with the United Kingdom Government on issues of defence and is increasingly actively involved in foreign affairs efforts on behalf of the Islands.
HMS Queen Elizabeth has sailed from Portsmouth Naval Base for the first time since arriving at her home port in August. The Royal Navy’s future flagship has embarked on the next set of sea trials to test the £3 billion ship’s capability.
The 18th International Congress of Maritime Museums (ICOM) was held recently in Valparaiso, Chile and Manager of the Falkland Islands Historic Dockyard Museum Alison Barton attended to represent the Museum.
Brazilian President Michel Temer should be discharged today Monday from the Sao Paulo hospital where he had surgery to reduce the size of his prostate, his office said on Saturday. A previously announced meeting on Monday with Bolivian President Evo Morales will be postponed, the Foreign Ministry said.