
In a statement released Monday night, President Trump threatened to impose economic sanctions on Venezuela should the nation’s president, Nicolas Maduro, follow through on his pledge to create a “constituent assembly” capable of rewriting Venezuela’s constitution.

The UK embassy in Montevideo is organizing a business visit to introduce Uruguay as an export market to British companies. The mission is primarily focused on agro-tech, taking advantage of Uruguay's main agriculture show in Montevideo during the month of September.

Following the previous edition’s success, the British Embassy in Uruguay will be present for the fourth consecutive year at the agricultural show, Expo Prado, from 6 - 17 September, with a Pavilion centered on business, education, culture, gastronomy and entertainment, including a Falkland Islands stand.

Universities and Science Minister Jo Johnson confirmed that the British government is investing £100 million to attract highly skilled researchers to the UK through its new Ernest Rutherford Fund. The Fund will provide fellowships for early-career and senior researchers, from the developed world and from emerging research powerhouses such as India, China, Brazil and Mexico, helping to maintain the UK’s position as a world-leader in science and research.

Petrobras announced that it signed a memorandum of understanding with the China National Petroleum Corporation (CNPC) to exploit energy resources in Brazil and abroad. In the statement, Petrobras said that the deal will allow the two state oil companies to benefit from each other's capacity and experience in oil and gas production.

Netherlands Fugro has been awarded a further two-year contract by Petrobras to provide comprehensive inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil.

Economists have downgraded Britain’s growth prospects in the wake of political uncertainty following the general election and as a prolonged Brexit drag on business investment looms. New forecasts by the Centre for Economics and Business Research (Cebr) show that the UK economy will grow by just 1.3% in 2017, a substantial downward revision from an earlier forecast of 1.7%.

Foreign Office Minister Sir Alan Duncan spoke of the strength of the UK-Chile relationship, our historical ties and common values. Chile Day's objective include strengthening ties between the City of London and representatives from Chilean capital markets

Presidents Mauricio Macri of Argentina and Michelle Bachelet of Chile met Tuesday at the Palacio de la Moneda in Santiago to discuss bilateral ties and a trade agreement between the two countries.

The British ambassador to Argentina, Mark Kent, underlined the United Kingdom's intentions to “improve” bilateral relations and admitted a meeting between President Mauricio Macri and Prime Minister Theresa May within the framework of the G20 was possible. However, he made it clear that with regards to the Falkland Islands question “the islanders have the right to define their own future.”