
The Brazilian real climbed almost 1% against the dollar on Thursday, as a rout on Wednesday led to a technical correction and a key poll showed Brazil's left failing to gain steam in presidential elections scheduled for October.

A World Trade Organization (WTO) Panel has ruled against complaints brought by several countries concerning Australia’s tobacco packaging law, which implements the WHO Framework Convention on Tobacco Control and its Guidelines. The panel decided that Australia’s policy on plain packaging is consistent with WTO law.

On 27 June 2018, the conditions for the entry into force of the first legally binding instrument adopted under the WHO FCTC were met, paving the way to eliminate illicit trade of tobacco products

The Falkland Islands Treasury, following the publication of the 2018/19 Government Budget in April, reminds the public of the following welfare and pension changes that will be coming into force from 1 July onwards, and some further changes that will be effective from 1 January 2019 onwards.

Argentine soy yields and harvesting area have been chopped by drought to their lowest levels since the 2008/09 season, analysts said on Thursday, citing the effect of a four-month dry spell that suddenly gave way to floods in April.

President Martin Vizcarra said that the Peruvian government will enforce a “zero tolerance” policy against corruption amid a spreading bribery scandal that has involved at least three former presidents.

British defense giant BAE Systems has won a multi-million pound contract from the Australian government to build nine new warships, marking a significant victory for British military exports. BAE beat Italian and Spanish rivals to win a large slice of the £20bn spending program.

Violence hit a record peak in Mexico last year with over 30,000 murders — and it is not slowing down. More than 100 politicians alone have been killed in the lead-up to the country’s election this Sunday.

Influential EU states such as Germany, France and Spain will block any attempt by the UK to remain within the single market for goods without freedom of movement, the Spanish Foreign Minister has said. Josep Borrell said that some smaller EU states might privately be willing to negotiate reform of the bloc’s free movement rules in order to keep easy access to UK products.

China has ended a two-decades-long ban on exports of beef from the UK, first introduced after the outbreak of BSE - or “mad cow disease” - in the 1990s. The government said the development will be worth £250m to British producers over the next five years.