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.