
Argentine economy Minister Nicolás Dujovne stated that political uncertainty ahead of the upcoming presidential election this October is the main factor for increases in Argentina's country risk and instability on the exchange markets.

Brazilian markets slumped on Wednesday, a day after a planned pension overhaul cleared a congressional hurdle following a lengthy debate that highlighted the government’s struggle to build support for its signature reform policy.

China and Chile should connect their development strategies and promote interconnectivity between Chile and other Latin American countries, President Xi Jinping said on Wednesday.

Senior Tories have ruled out changing their rules to allow an early challenge to Theresa May's leadership, but have asked for more clarity about how long she will remain in office. Under current rules, MPs cannot hold a new confidence vote in her leadership until December - 12 months on from last year's vote which she won.

Facebook has said it will set aside US$ 3bn to cover the potential costs of an investigation by US authorities into its privacy practices. While it has provided for a heavy toll from the investigation by the US Federal Trade Commission, the final cost could be US$ 5bn, it said.

The UK government has approved the supply of equipment by Chinese telecoms firm Huawei for the UK's new 5G data network despite warnings of a security risk. There is no formal confirmation but the Daily Telegraph says Huawei will build non-core components such as antennas.

A priest received a standing ovation at Lyra McKee's funeral when he asked why it took her death to unite politicians. Politicians attended a vigil in Londonderry after her murder, and also her funeral in Belfast on Wednesday.

Nicola Sturgeon has said she wants to hold a second referendum on Scottish independence by 2021 if the country is taken out of the EU. The first minister told Holyrood that she would introduce legislation soon to set the rules for another vote. But she indicated that she would need the agreement of the UK government before actually holding a referendum.

The decision to scrap the she title for boats will insult generations of sailors, the former head of the Navy says. In a piece published in the Daily Mail, Admiral Lord Alan West, former First Sea Lord, has spoken out after a British maritime museum began referring to ships it exhibits as it in a bid to appear gender neutral.

Brazil's jailed former leftist president, Lula da Silva, could gain partial freedom within five months following a court decision on Tuesday to reduce his sentence in one of two corruption convictions.