Health Secretary Jeremy Hunt has said that “threats” by business over Brexit are “completely inappropriate”. He was responding to warnings by Airbus and BMW that investments in the UK could be jeopardized by Brexit uncertainty.
The head of Nato has called on Britain to continue investing in defense amid claims that Theresa May has questioned the UK’s role as a leading military power. In a speech in London, Jens Stoltenberg said he expected the UK to continue playing a major international role.
Chile Day in London will take place on 6-7 September; it was announced at an event in the British embassy in Santiago de Chile. The initiative has grown steadily since its year of inception in 2011 and “this year promises to be a new focus, at an important time for both our countries”, said ambassador Fiona Clouder.
The Executive Board of the International Monetary Fund (IMF) approved on Wednesday a three-year Stand-By Arrangement (SBA) for Argentina amounting to US$50 billion (equivalent to SDR 35.379 billion, or about 1,110 percent of Argentina’s quota in the IMF).
Index provider MSCI said on Wednesday it will reclassify Argentina as an emerging market and begin including Saudi Arabia in that classification, sharply broadening the investor base for both countries in a move that could be supportive of their equity markets. The decisions will be effective beginning in mid-2019.
The Cuban government opened on Monday the 3rd Edition of International Convention and Exhibition of Cuban Industry (CubaIndustria 2018), seeking to attract foreign investors to revitalize the country's economy.
Uruguay will be handed the rotating chair of Mercosur this Monday in a brief summit ceremony to take place in Paraguay. Attending will be Brazil's Michel Temer, Uruguay's Tabare Vázquez, the host Paraguay Horacio Cartes and in representation of Argentina, vice president Gabriela Michetti. President Mauricio Macri is in the midst of a cabinet reshuffle and waiting for market reaction this Monday following the naming of a new Central Bank chairman.
Uruguay will move towards a permanent offer process for offshore oil blocks as other Latin American countries have done, after an April auction failed to attract bids, Industry, Energy and Mining Minister Carolina Cosse said in an interview.
China responded forcefully in state media on Saturday after the administration of U.S. President Donald Trump said it would impose tariffs on US$50 billion of Chinese imports, but some commentary left room for further negotiations.
The Falkland Islands Executive Council agreed on Wednesday to appoint a preferred airline operator to provide the second midweek flight between the Falkland Islands and South America.