
Europe is once again a top travel destination for Americans. Five European countries, Italy, Ireland, France, Iceland and the United Kingdom, comprised half of the top 10 spots for vacation plans in 2018.

The Bank of England has indicated that the pace of interest rate increases could accelerate if the economy remains on its current track. Bank policymakers voted unanimously to keep interest rates on hold at 0.5% at their latest meeting. However, they said rates would need to rise earlier and by a somewhat greater extent than they thought at their last review in November. Economists think the next rate rise could come as soon as May.

Japan's ambassador to the UK has said Brexit is a high stakes issue and that no company would be able to stay in the UK if it was not profitable. Koji Tsuruoka was speaking outside Number 10 after a meeting between Prime Minister Theresa May and 19 top Japanese bosses.

A state of the art jetty which will improve military capability in the Falkland Islands and improve life for personnel on the Islands has been completed by Defence Infrastructure Organisation (DIO). Work to upgrade the jetty in Mare Harbour was officially opened recently by Geoff Robson, DIO’s Chief Operating Officer.

China’s support for Venezuela has benefited ordinary people and been broadly welcomed, the foreign ministry said after the U.S. Treasury accused China of aiding Venezuelan President Nicolas Maduro’s government with murky oil-for-loan investments.

The Falkland Islands government and the Ministry of Defense have agreed to address the challenge of rotor winds, which have become a serious problem for the operations at the Mount Pleasant Complex.

Mexico believes it can conclude a new free-trade agreement with the European Union before the end of February, Mexican officials have said. The EU and Mexico intend to update a trade deal agreed 21 years ago that largely covers industrial goods. They want to add farm products, more services, investment and government procurement, and include provisions on labor standards and environmental protection.

The Galician company which owns the “Playa Pesmar Uno” arrested last Sunday by the Argentine Coast Guard allegedly for illegal fishing in the South Atlantic, admits the trawler could have involuntarily sailed into the EEZ, because one of the three GPS on board was malfunctioning.

By Nick Cunningham of Oilprice.com
Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market.

Plans have been unveiled for the second International Scotch Day – a worldwide celebration of all things Scotch whisky – on Thursday, 8 February this year. As part of the festivities, world-leading Scotch whisky producer Diageo will open up its Archive at Menstrie, near Alloa – a liquid library of more than 5,000 bottles and claimed as the biggest of its kind in the world.