A nonpartisan team from the Brazilian Senate budget analysts on Monday handed potential legal ammunition both to opponents and supporters of suspended President Dilma Rousseff as she tries to survive n impeachment trial.
Mercosur presidential summit next July in Montevideo has been cancelled, but the six-month presidency of the group, currently held by Uruguay will be transferred as scheduled to Venezuela, although some conditions of the event are “pending discussion”, said on Monday foreign ministers Susana Malcorra and host Rodolfo Nin Novoa.
Britain’s ability to protect the interests of Gibraltar has been damaged by the EU referendum result, UK Foreign Secretary Philip Hammond on Monday. In an interview with ITV’s Robert Peston, Mr Hammond repeated a stark warning he first voiced when he visited Gibraltar ahead of the referendum campaign.
Gibraltar is in talks with Scotland about a plan to keep parts of the UK in the EU, according to BBC Newsnight. Fabian Picardo, the territory's chief minister, told the BBC he was speaking to Scotland's First Minister, Nicola Sturgeon, about various options. One possibility under discussion is for Gibraltar and Scotland, which both voted to remain in the EU, to maintain the UK's membership of the bloc.
The right-wing campaigner who helped unfurl a giant Spanish flag on the Upper Rock of Gibraltar has been released from custody after being handed a suspended sentence. Juan Ignacio Mínguez Martinez, 53, from Madrid, had admitted participating in the ‘politically motivated’ stunt and pleaded guilty last Wednesday to a charge of conduct likely to cause a breach of the peace.
Chancellor of the Exchequer George Osborne has said the UK is ready to face the future from a position of strength and indicated there will be no immediate emergency Budget. However he admitted there would still need to be an adjustment in the UK economy, and it was perfectly sensible to wait for a new prime minister before taking any such action.
German Chancellor Angela Merkel and French President Francois Hollande said on Sunday they are in full agreement on how to handle the fallout from the UK's decision to leave the European Union. Hollande warned that separated, we run the risk of divisions, dissension and quarrels.
Brazilian interim president Michel Temer will be absent from the next Mercosur summit scheduled to take place in Montevideo, and this decision is considered a strong message to the Venezuelan government of president Nicolas Maduro that will be taking the group's chair for the next six months.
Argentina’s annual rate of inflation was likely to have reached an annualized 42% through May, but should begin to slow in June with a return to growth also on the horizon, Finance Minister Alfonso Prat-Gay said in an address to investors in New York. The minister also said that for Argentina, Brazil's recession had a greater impact than Brexit.
The World Anti-Doping Agency (WADA) has suspended the credentials of a testing laboratory in Rio de Janeiro that didn’t conform with international standards, just over a month before the city hosts the Olympic Games.