UK Prime Minister David Cameron is to face leaders of other EU states for the first time since the referendum vote for Brexit, as he travels on Tuesday to Brussels for what is likely to be his last European Council summit as prime minister. He is expected to use the potentially awkward meeting to urge the other 27 leaders and EU institutions to take a “constructive” approach to negotiations over a new relationship with the UK.
A nonpartisan team from the Brazilian Senate budget analysts on Monday handed potential legal ammunition both to opponents and supporters of suspended President Dilma Rousseff as she tries to survive n impeachment trial.
Gibraltar is in talks with Scotland about a plan to keep parts of the UK in the EU, according to BBC Newsnight. Fabian Picardo, the territory's chief minister, told the BBC he was speaking to Scotland's First Minister, Nicola Sturgeon, about various options. One possibility under discussion is for Gibraltar and Scotland, which both voted to remain in the EU, to maintain the UK's membership of the bloc.
Berlin and Paris in full agreement; Merkel aide says politicians in London should take time to reconsider Brexit
German Chancellor Angela Merkel and French President Francois Hollande said on Sunday they are in full agreement on how to handle the fallout from the UK's decision to leave the European Union. Hollande warned that separated, we run the risk of divisions, dissension and quarrels.
Brazil's recession greater risk than Brexit for Argentina: could chip 1.5 percentage points from GDP
Argentina’s annual rate of inflation was likely to have reached an annualized 42% through May, but should begin to slow in June with a return to growth also on the horizon, Finance Minister Alfonso Prat-Gay said in an address to investors in New York. The minister also said that for Argentina, Brazil's recession had a greater impact than Brexit.
Panama opened the long-delayed US$5.4 billion expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping industry and a heated battle over billions in cost overruns.
China’s capital is known for its horrendous smog and occasional sandstorms. Yet one of its major environmental threats lies underground: Beijing is sinking. Excessive pumping of groundwater is causing the geology under the city to collapse, according to a new study using satellite imagery that reveals parts of Beijing – particularly its central business district – are subsiding each year by as much as 11 centimeters.
Brazilian telecoms giant Oi has filed the largest bankruptcy request in the country’s history, after failing to reach an agreement with creditors.
Scotland's first minister has said a second independence referendum is highly likely after the UK voted to leave the EU. Nicola Sturgeon said it was democratically unacceptable that Scotland faced the prospect of being taken out of the EU against its will.
The Falkland Islands Government said on Friday it will be working with the public and private sector to further investigate the impact of Brexit on the Islands.