The Falklands' Retail Price Index for the quarter ending June 30, 2015 decreased by 0.8%, meaning that the annual Retail Price Index (RPI) as at the end of June was 0.3%, helped by lower prices of fuel and power.
Magallanes Region in the extreme south of Chile must prepare for a weekend of freezing below zero temperatures announced the regional meteorological office. In the early mornings of Saturday and Sunday, the thermometer is expected to register 10 Celsius below zero, with the wind factor even lower.
Artful, the third of the U.K. Royal Navy’s new Astute Class attack submarines, has arrived at her Scottish base port from where she will carry out sea trials before entering service later this year, the U.K. Ministry of Defense announced.
German Chancellor Angela Merkel pressed Brazil's government on Thursday to further open its markets to foreign companies, and said she saw an opportunity to reach a free-trade deal between the European Union and the Mercosur trade bloc. Merkel is on a two-day visit to Brazil with a large delegation of government officials and representatives from German companies.
A slump in commodity markets will burden the global economy for some time to come, Brazilian President Dilma Rousseff told Germany's Handelsblatt business daily, adding she hoped the Brazilian economy would pick up in a year.
Brazil unions and left groups staged a string of protests in a show of support for President Dilma Rousseff, although turnout was markedly lower than at massive anti-government rallies over the weekend. The protests hit back at the growing push to impeach Rousseff, who less than a year into her second term is struggling for political survival.
The return of the Norwegian Cruise Line to South America this season with nine planned calls to the Falkland Islands “is a massive boost to our cruise ship industry,” Sulivan Shipping Tourism Coordinator Samantha Marsh told Penguin News this week.
Brazil's unemployment rate rose for a seventh straight month in July to the highest in over five years, government data showed on Thursday. The non-seasonally adjusted jobless rate rose in July to 7.5% from 6.9% in June, statistics agency IBGE said.
Brazilian prosecutors on Thursday asked the Federal Supreme Court to authorize prosecution of the speaker of the lower house of Congress, Eduardo Cunha, in a massive corruption case centered on state-controlled oil giant Petrobras.
Asian stocks saw sharp falls on Friday as mounting concerns over China's slowing economy continued to affect global markets. It follows big falls in US and European markets on Thursday, with the Dow Jones dropping more than 2%.