Britain's Queen opened on Friday a two-day summit of leaders of the 53 Commonwealth nations in Malta. The Commonwealth Heads of Government Meeting (Chogm), held every two years, will focus on climate change, with talks on security issues also expected.
Gibraltar's incumbent Chief Minister Fabian Picardo thanked his supporters for their “tsunami of support” on Friday after he won a landslide victory in a general election.
The British government reaffirmed its support for the Falkland Islands and its right to self determination as part of the recently announced Strategic Defense and Security review 2015, which pledges an extra increase £12bn of spending on defense equipment - part of London's £178bn overall defense equipment and support budget during the next decade.
A Falklands/Malvinas link has emerged from the naming of Susana Malcorra as Argentine president-elect Mauricio Macri Foreign minister. According to reports in the Buenos Aires media, UN's Ban Ki-moon Secretary General cabinet chief is not the only outstanding Argentine national working for the UN in particularly sensitive issues such as Disarmament Affairs.
Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. That spells more pain for the energy sector. Many companies have already slashed spending and culled their payrolls, but the total number of job losses continues to climb.
By Gwynne Dyer - As always after a major terrorist attack on the West, the right question to ask after the slaughter in Paris is: what were the strategic aims behind the attack? This requires getting your head around the concept that terrorists have rational strategies, but once you have done that the motives behind the attacks are easy to figure out. It also becomes clear that the motives have changed.
United States President Barack Obama congratulated Argentine president-elect Mauricio Macri on his victory in the runoff in a phone call, according to a brief release from the White House.
Australian mining giant BHP says mud spilled by the devastating collapse of a dam at a Brazilian mine is not toxic. On Thursday the UN said the dam burst at the Samarco mine unleashed a flood equivalent to 20,000 Olympic swimming pools of toxic mud.
Venezuelan President Nicolas Maduro said Thursday the fatal shooting of an opposition leader appeared to be a gangland score-settling dismissing claim it was politically motivated ahead of elections. An attacker shot Luis Manuel Diaz dead on Wednesday evening in the central Guarico region at a campaign rally for the December 6 legislative elections, party officials said, ratcheting up fears that violence could erupt in the lead-up to the polls.
Brazilian banks which follow closely events in Argentina and prospects of the new government under president Mauricio Macri, believe the official exchange rate of 9.67 Pesos to the dollar will inevitably have to be devalued, to 12 Pesos by the end of the year, which means a 24% depreciation.