Thursday, June 16th 2016 - 23:36 UTC

“Increasingly likely” Sterling would drop further in the event of a Leave vote, warns Bank of England

MPC nine members said that a “vote to leave the EU could materially alter the outlook for economic output and inflation”.

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.

Thursday, June 16th 2016 - 20:35 UTC

Falklands will receive a visit from the International Red Cross

The Argentine Memorial in Darwin which holds the remains of Argentine combatants from the 1982 South Atlantic conflict

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.

Thursday, June 16th 2016 - 11:54 UTC

Brazilian suspended lawmaker warns that if arrested he will take other politicians down with him

Cunha, the architect of suspended President Dilma Rousseff's impeachment, could also lose the partial immunity enjoyed by elected politicians.

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.

Thursday, June 16th 2016 - 11:15 UTC

Liberation Day Reception, London - The Falkland Islands are flourishing

FIA Chairmen Alan Huckle and Councillor Jan Cheek MLA

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

Thursday, June 16th 2016 - 11:04 UTC

Emergency Loans to three Brazilian states unable to pay salaries and pensions

Rio Grande do Sul secretary of Finance, Giovani Feltes, attested to the loan negotiations and said the money would give his state a “much-needed breather.”

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.

Thursday, June 16th 2016 - 08:33 UTC

Temer linked to the Petrobras scandal by a key witness

Machado, former chief executive of state oil company Petrobras, said that Temer had asked for money from the company to fund political campaigns

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.

Thursday, June 16th 2016 - 08:20 UTC

Canada and Pacific Alliance establish long term strategic partnership

“Canada has supported the Pacific Alliance since its inception, as well as its collaborative approach to promoting trade and investment,” said Freeland.

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.

Thursday, June 16th 2016 - 08:08 UTC

Argentina's revamped stats data launched: May inflation 4.2%

“We are leaving a period where public confidence was destroyed and especially at Indec,” Mr. Todesca said Wednesday at a news conference.

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.

Thursday, June 16th 2016 - 07:55 UTC

Malcorra thanks OAS for continued support to Argentina on the Falklands/Malvinas dispute

Malcorra recalled that the lack of a solution to the situation for so many years, “has been an obstacle for the full development of bilateral relations”, between the two countries.

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”.

Thursday, June 16th 2016 - 07:47 UTC

Falklands/Malvinas: OAS Assembly calls on Argentina/UK to resume sovereignty negotiations

OAS supports Argentina's commitment ”to continue exploring all possible tracks for the peaceful solution of the controversy and for its constructive attitude towards the inhabitants of the Falklands/M

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.


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