Brazilian telecoms giant Oi has filed the largest bankruptcy request in the country’s history, after failing to reach an agreement with creditors.
Scotland's first minister has said a second independence referendum is highly likely after the UK voted to leave the EU. Nicola Sturgeon said it was democratically unacceptable that Scotland faced the prospect of being taken out of the EU against its will.
The Spanish government has called for joint sovereignty over Gibraltar in the wake of the UK's vote to leave the EU. The British overseas territory of 30,000 voted overwhelmingly for remain, with 95.9% opting to stay in the union.
The Falkland Islands Government said on Friday it will be working with the public and private sector to further investigate the impact of Brexit on the Islands.
Boris Johnson has insisted the UK is not “turning its back” on Europe after its decision to vote to leave the EU. The decision would not make the UK any less tolerant nor outward looking and would not reduce opportunities for young people, the ex-London mayor said.
A top ex-minister of Brazil's suspended president Dilma Rousseff became the latest official to get arrested in a sprawling corruption probe on Thursday, authorities said. Police also searched the headquarters of Rousseff's Workers Party in Sao Paulo in one of a series of raids across five states in the country.
Brazil's Chamber of Deputies approved this week an executive order allowing foreign investors 100% ownership of Brazilian airlines, compared to the current 20% limit, although the implementation depends on approval from the Senate.
Dilma Rousseff, Brazil's suspended president, will be invited to the opening ceremony of the Rio Olympics on August 5, the organizing committee said Thursday. Rousseff has been replaced by vice-president Michel Temer pending her impeachment trial over allegations of fiddling government accounts.
Marcelo Odebrecht, the former chief executive of Latin America’s largest construction company, will admit in a plea bargain testimony that he personally oversaw illegal campaign donations for suspended Brazilian president Dilma Rousseff in the 2010 and 2014 elections, Folha de São Paulo reported.
United Nations Secretary General Ban Ki-moon attended in Cuba the signing of a bilateral ceasefire agreement and laying down of weapons between the Government of Colombia and the Revolutionary Armed Forces of Colombia-People’s Army (FARC-EP) and described the historic event as an exemplary implementation of peace.