The British pound has fallen against the dollar to below US$1.20 ahead of a key speech from Theresa May on Brexit this week. Sterling fell 1.5% against the US currency on Sunday to its lowest level since the flash crash in October.7 comments
US-President-elect Donald Trump said in a newspaper interview published on Sunday that “Brexit is going to end up being a great thing.” He also confirmed he will be meeting with British Prime Minister Theresa May soon after his inauguration on January 20 to finalise a trade agreement between the two countries that will be “good for both sides.”11 comments
The bones of Josef Mengele, an infamous German doctor who conducted horrific experiments on prisoners at the Auschwitz concentration camp during World War II to the point of becoming known as “Angel Of Death,” are now at the service of Brazilian medical students.2 comments
British politics risks being “infected by the contagion” of fake news stories, a senior Labour MP has said. Michael Dugher said the problem was not confined to the US and news outlets everywhere had a duty to scrutinise politicians on the basis of “truth and reality” not “click-bait nonsense”.24 comments
Global Times, the official English language spokesperson of the Chinese Communistry party has sent a very strong reply to the incoming Trump administration referred to the disputed South China islands occupied by Beijing.13 comments
Argentina struck an 18-month financing deal worth US$6 billion with six banks on Thursday, Finance Minister Luis Caputo told reporters, saying the government planned to tap international capital markets for US$10 billion in 2017. Sovereign bond issuance will start on Jan. 19, with a sale of US$3 billion to US$5 billion in U.S. dollar-denominated paper.13 comments
Falkland Islanders can expect a total of 46 minefields cleared over the next two years in the Mount Longdon and Stanley area confirmed a Foreign and Commonwealth Office delegation in the Falklands this week. Mines are the long lasting and unwanted legacy of the 1982 war.21 comments
Defiant and unyielding, President-elect Donald Trump on Wednesday adamantly denied reports that Russia had obtained compromising personal and financial information about him, calling it a “tremendous blot” on the record of the intelligence community if it had released such material.
The Falklands’ permanent guard ship, HMS Clyde is undergoing refurbishment work at the South African naval dockyard in Simon’s Town in her first overhaul in five years. The vessel (P257) arrived in Simon’s Town on 22 December, and is scheduled to depart again on 20 February.
UK’s powerhouse financial sector would face heightened risk and an exodus of 232,000 jobs without certainty over Britain’s Brexit deal, MPs in the House of Commons have heard. Xavier Rolet, chief executive of the London Stock Exchange Group (LSE), said two thirds of the job losses would be felt outside Greater London, with the blow coming as soon as the euro clearing operation leaves Britain’s shores.