The soaring US dollar and Brazil’s slumping economy led to a weaker demand for imported goods and services in 2015. As a result, Brazil’s current account deficit reached USD 58.942 billion, equivalent to 3.32% of GDP. The result is the smallest amount since 2010. In 2014, the current account deficit reached USD 104.181 billion, or 4.31% of GDP.
SBM Offshore’s CEO and another company executive have agreed an out-of-court settlement with the Brazilian public prosecutor’s office (Ministério Público Federal) for charges relating to the Petrobras corruption scandal.
Gianni Infantino has won the support of the seven-member Central American Football Union in his bid for the FIFA presidency. Leaders of the UNCAF federations, which are part of CONCACAF, endorsed the UEFA general secretary in a letter on Monday that Infantino posted on his Twitter page.
Her Royal Highness The Princess Royal paid her first visit to the Falkland Islands since 2009 this month as she passed through en route to her first official visit to South Georgia. Princess Anne is the Royal Patron of the South Georgia Heritage Trust.
The Leader of Gibraltar's Opposition has described UK Labour Party Leader Jeremy Corbyn’s views on overseas territories as ‘antiquated and muddled’.
The World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections.
The Argentine representation in the Mercosur parliament, Parlasur, is considering inviting a group of 'kelpers' Falklands/Malvinas lawmakers, 'to listen to their needs and promote cooperation, but in the framework of Argentina's unrenounceable sovereignty claim over the Islands'.
The worrying state of many fisheries and worsening air pollution are some of the problems revealed by the 2016 Index of Environmental Performance (EPI), an initiative that assesses how 180 countries protect ecosystems and human health of environmental damage.
European Central Bank President Mario Draghi has fought back against critics, insisting the bank's policies will help to raise inflation. Eurozone inflation is currently 0.2%, way below the ECB's target of near 2%. But Mr Draghi insisted that the central bank would meet its obligations.
The meeting of the Argentine president with the British prime minister in Davos was a good thing a symptom that we are back on the right political track, which has been applied before: to continue claiming sovereignty over the Malvinas Islands, without having to spoil good relations, investments, trade, and with time and circumstances even consider joint undertakings.