It is the Bank's duty to talk about the European Union referendum risks, argues the Bank of England governor Mark Carney, dismissing accusations the Bank is too political. The referendum takes place on 23 June and has become highly controversial.
The former president of Chile, Patricio Aylwin, has died aged 97 of natural causes, his family reported. Aylwin, a centre-right Christian Democrat, became president in 1990 and oversaw the transition to democracy following 17 years of military rule under General Augusto Pinochet.
The Falkland Islands will join on Thursday the timely British tradition of celebrating royal occasions lighting beacons throughout the United Kingdom, Channel Islands, Isle of Man and UK Overseas Territories in celebration of Her Majesty The Queen’s 90th Birthday on 21st April, announced the Falklands' government.
The British Overseas Territory St Helena in mid Atlantic made history on Monday as the first large passenger jet aircraft, a Boeing 737-800 (ZS-ZWG), touched down at St Helena’s new Airport shortly after 12.00 noon. This is the actual Boeing aircraft which will serve the St Helena/Johannesburg rout, according to a release from the local government.
Punta Arenas daily La Prensa Austral points out that a 'controversy is brewing' following the recent 'new map of Argentina' presented by foreign minister Susana Malcorra expanding the outer limit of the country's continental platform according to the UN Commission on the Limits of the Continental Shelf, CLCS.
Financial markets in Brazil, and globally, are betting that with the exit of president Dilma Rousseff, a more business friendly government will take over helping Latin America's largest economy to kick-start with vice-president Michel Temer, who apparently is working on a wide ranging 'national coalition' and 'salvation cabinet'.
Argentina marked a spectacular comeback to world money markets on Monday when its first bond issue in fifteen years attracted bids more than three times reaching US$ 67 billion. Argentina is after US$ 15bn which will help pay creditors on its ongoing litigation, since the country defaulted back in 2001.
Uruguay's ruling coalition, Broad Front, came out strongly in support of Brazilian president Dilma Rousseff and condemned the coup which is being instrumented against the head of state who was supported by 54 million votes in free, open democratic elections.
Brazil's President Dilma Rousseff vowed on Monday to fight impeachment to the very end in the Senate after a Sunday heavy defeat in the lower house of Congress raised the likelihood of an end to her administration and 13 years of populist rule in Latin America's largest economy.
Punta Arenas port authorities, in the extreme south of Chile, reported that during this 2015/16 cruise season there was a 35% increase in the number of cruise visitors, 77.248 passengers, and 121 vessel calls, one of the most encouraging in the last decade.