Increasingly likely Sterling would drop further in the event of a Leave vote, warns Bank of England
The Bank of England has warned that uncertainty about the EU referendum is the largest immediate risk facing global financial markets. The bank said there were risks of adverse spillovers to the global economy from the 23 June vote and it was increasingly likely that sterling would fall further - perhaps sharply - in the event of a leave vote, the Bank added.
A four person delegation from the International Committee of the Red Cross (ICRC) will be visiting the Falkland Islands from 27 June to 2 July, as part of the humanitarian mission to help identify the mortal remains of unnamed Argentine combatants buried at the Argentine memorial in Darwin.
Brazil's congressional ethics committee voted to strip suspended Speaker Eduardo Cunha of his seat for allegedly lying about undeclared Swiss bank accounts, the latest in a series of political earthquakes to rock Latin America's largest country.
That is the message from the gathering of supporters at the Falkland Islands Government Annual Reception in London commemorating the 34th anniversary of liberation from Argentine occupation. An upbeat update on progress in all aspects of life in the Islands was given by long-serving member of the Legislature, Mrs Jan Cheek. t
Brazil is considering an emergency loan to aid, as many have called it, the broken state of Rio de Janeiro, according to two senior federal government officials. News reports said the federal loan would be shared with Rio Grande do Sul, and Minas Gerais states, where employees and pension beneficiaries are not getting paid.
Brazil's interim president Michel Temer has been linked to one of the country's biggest corruption scandals in testimony by a key witness made public Wednesday. . Sergio Machado, former chief executive of state oil company Petrobras, said that Temer had asked for money from the company to fund political campaigns for himself and other members of his party.
Canada became the first observer country to enter into a strategic partnership with the Pacific Alliance. Chrystia Freeland, minister of International trade and ministers of the four countries of the alliance—Chile, Colombia, Mexico and Peru—signed a joint declaration today in Mexico City.
Argentina released inflation figures for the first time since December last year, when newly elected president Mauricio Macri suspended the publication of economic data and intervened the official stats office, Indec, following long standing claims of manipulation by his predecessor.
Foreign minister Susana Malcorra reiterated Argentina's call to OAS state members to continue supporting the resumption of negotiations on the Falklands/Malvinas question. A controversy which she said, involves the whole southern hemisphere.
The Organization of American States, OAS, approved on Wednesday a declaration calling on Argentina and Great Britain to resume negotiations on the Falklands/Malvinas question as soon as possible.