
Brazil's government delayed the announcement of looser budget targets for 2017 and 2018, previously expected for Monday, as authorities struggled to estimate revenues given strong opposition in Congress to tax hikes.

Theresa May is expected to be back in Downing Street this week as ministers prepare to flesh out their negotiating position on Brexit. The return of the Prime Minister, who has spent three weeks on holiday in Italy with her husband Philip, coincides with the publication this week of a series of new position papers on Brexit – including one on the fraught issue of the border between Northern Ireland and the Republic.

Prime Minister Theresa May reiterated the UK Government’s strong and wholehearted support for the Falkland Islands right to self-determination and underlined UK is seeking a more productive relation with Argentina but cautioned that the full potential of the relationship depends on Buenos Aires meeting the public commitments of the September 2016 joint communiqué.

The UK will need a transition period to help businesses adjust after Brexit, the chancellor and the international trade secretary have said. In a joint Sunday Telegraph article, Philip Hammond and Liam Fox stressed any deal would not be indefinite or a “back door” to staying in the EU.

Argentina's ruling coalition headed by president Mauricio Macri managed better than expected overall results in Sunday's national mandatory and simultaneous primaries to choose candidates for the midterm elections of 22 October.

By British Ambassador Mark Kent (*) A few days ago I completed my first year as British Ambassador to Argentina. During this time, I have had the fortune to meet the people of the country, visit some of its cities, try its food, attend events and learn about its way of life.

With trading much more relaxed on Friday ended the several days of money market uncertainty leading to Argentina Sunday´s primary election, an anticipation of what can happen in the midterm elections of 22 October when President Mauricio Macri's economic reforms will be put to test in the polls, and hopefully his coalition will increase its congressional support.

The legislation to formally remove the UK from the European Union will not be changed by Westminster, a senior member of Theresa May’s Cabinet has said despite threats from Scotland's SNP ministers to refuse consent for the Bill as it stands.

U.S. President Donald Trump's threat of military intervention in Venezuela was “an act of craziness,” the country's Defense Minister Vladimir Padrino said on Friday. Venezuela's foreign ministry was expected to issue a statement on Saturday responding to Trump's comment that “a possible military option” was under consideration for the crisis-racked nation.

UK government ministers have been put under pressure by David Davis’s former chief of staff at the Brexit department after he asked a serious of pointed question about how leaving the EU will affect their patches. James Chapman, who also worked for George Osborne and as political editor of the Daily Mail, has revealed his belief that Brexit would be a “catastrophe”.