The Falkland Islands will be attending the fourth meeting of the British Overseas Territories Joint Ministerial Council (JMC) will be held in London on 1 - 2 December at Lancaster House, which will be hosted by FCO Minister for the Overseas Territories James Duddridge MP.
Brazil's economy will contract by 3.10% this year, with the inflation rate hitting 9.99%, the Central Bank said Monday, citing its weekly survey of private sector economic analysts. Last week, analysts said they expected Brazil's economy to contract by 3.05% this year and the inflation rate to be 9.91%.
Brazilian officials are investigating allegations that Petrobras overpaid hundreds of millions of dollars for the Pasadena, Texas, refinery and funneled money into a massive kickback scheme that's led to dozens of convictions and arrests and fueled calls for the impeachment of president Dilma Rousseff, who chaired the company until 2010.
The FAO Food Price Index averaged nearly 162 points in October, up 3.9% from September, while still down 16% from a year earlier. FAO's latest Cereal supply and Demand Brief slightly trimmed its October 2015 forecast for global cereal production and now projects production at 2.53 billion tons, 1.1% below last year's record output
A further sharp downturn in emerging market economies and world trade has weakened global growth to around 2.9% this year – well below its long-term average – and is a source of uncertainty for near-term prospects, the Organization for Economic Co-operation and Development (OECD) said on Monday.
Spanish Prime Minister Mariano Rajoy announced on Monday his government would file an appeal with the Constitutional Court to ensure that an independence declaration backed by the Catalan regional parliament has “no consequences”, he told a news conference.
Brazil's annual inflation rate accelerated in October to just below 10%, the highest reading in almost 12 years, after sharp fuel and food price hikes. Consumer prices, as measured by the benchmark IPCA index, rose 9.93% in 12 months through October, up from 9.49% in September, statistics agency IBGE said in a release. In the first ten months of the year inflation reached 8.52%
A major new exhibition on Shackleton’s Endurance Expedition will open at the Royal Geographical Society (RGS), London, on 21 November, with an off-shoot exhibition coming to South Georgia early in 2016. The exhibitions are inspired by the glass plate negatives taken by Endurance expedition photographer Frank Hurley, according to the latest edition of the South Georgia Newsletter
North of Chile has been rocked by a series of tremors during early Saturday and most of Sunday, but no injuries or damage has been reported, the University of Chile's Seismology Institute said. The earthquake shook an estimated 20 cities, Arica, Cuya, Pocon Chile, Camina, Mamiña and Pisagua, the national emergency management office said.
The fragile relations between neighboring Chile and Peru appeared to unwind further Saturday, after Peruvian President Ollanta Humala officially recognized an administrative district in a disputed border area. The Chilean government promptly sent a protest note to Peru strongly rejecting the law because it concerns unquestionably Chilean territory.