Brazil’s lawmakers can’t duck their responsibility to pass belt-tightening measures, central bank President Ilan Goldfajn told a Senate hearing in Brasilia this week. Reform proposals, particularly a constitutional amendment to limit pension spending, will help keep inflation low, reduce the structural interest rate and buoy the country’s overall recovery, Goldfajn said.
The so-called special relationship between the United States and United Kingdom was regarded as a joke by Obama administration officials, a former government aide has said. Jeremy Shapiro, who served as an adviser in the US state department under Barack Obama, said the relationship was unrequited.
British Minister Sir Alan Duncan expressed his concern at the deteriorating situation in Venezuela during a meeting in London on Wednesday with Venezuelan foreign minister Jorge Arreaza in London. Sir Duncan said that together with Europeans partners, they are closely watching the management of the 15 October Venezuelan State Governors’ elections closely.
The British government will spend whatever is necessary to make sure the UK is ready for Brexit, Downing Street has said. A No 10 spokesman said £250m of new money had been allocated this year to prepare for leaving the EU, including the possibility of a no-deal scenario.
The Queen will not lay a wreath at the Cenotaph this year as part of the annual Remembrance Sunday ceremony. She will watch the event on 12 November in Whitehall from the balcony of the Foreign Office with Prince Philip.
Spain is preparing to celebrate its National Day, 12th October, amid a continuing political crisis sparked by Catalonia's disputed independence referendum. The public display of unity comes a day after PM Mariano Rajoy told parliament the country was facing the most serious threat to its 40-year-old democracy.
Peru's Renato Tapia admitted discussing World Cup qualification with Colombia captain Radamel Falcao during their match on Tuesday night but denied making a pact. Falcao, who plays his club football for French Ligue 1 side Monaco, was seen in discussion with Peruvian players with his hand covering his mouth towards the end of the 1-1 draw in Lima.
Auto industry leaders projected sales and output growth of more than 10% in Brazil next year at an industry event on Monday, underscoring hopes for a rebounding market as Mercedes-Benz announced new investments in bus and truck plants.
A Brazilian congressional report recommended on Tuesday that President Michel Temer should not face trial for obstruction of justice and membership in a criminal organization, arguing that the charges against him were unfounded.
Qatar Airways has been named ‘Best Airline’ at the highly-respected 2017 Business Traveler Awards, held on Monday 9 October at London’s Royal Garden Hotel in Kensington. In addition to being voted ‘Best Airline’ by travelers from around the world, Qatar’s national carrier also won a raft of other major awards at the ceremony, including ‘Best Airline in the Middle East,’ ‘Best Business Class’ and ‘Best Long Haul Airline.’