Politics

• Tuesday, June 28th 2016 - 08:32 UTC

  Cameron attends his last European Council summit: next PM will negotiate Brexit

  

  UK Prime Minister David Cameron is to face leaders of other EU states for the first time since the referendum vote for Brexit, as he travels on Tuesday to Brussels for what is likely to be his last European Council summit as prime minister. He is expected to use the potentially awkward meeting to urge the other 27 leaders and EU institutions to take a “constructive” approach to negotiations over a new relationship with the UK.

• Tuesday, June 28th 2016 - 07:28 UTC

  Rousseff signed budget decrees without congressional approval, claim Senate experts

  

  A nonpartisan team from the Brazilian Senate budget analysts on Monday handed potential legal ammunition both to opponents and supporters of suspended President Dilma Rousseff as she tries to survive n impeachment trial.

• Tuesday, June 28th 2016 - 06:28 UTC

  Mercosur presidential summit off, but chair transfer to Venezuela will be done at foreign ministers' level

  

  Mercosur presidential summit next July in Montevideo has been cancelled, but the six-month presidency of the group, currently held by Uruguay will be transferred as scheduled to Venezuela, although some conditions of the event are “pending discussion”, said on Monday foreign ministers Susana Malcorra and host Rodolfo Nin Novoa.

• Tuesday, June 28th 2016 - 06:19 UTC

  Brexit has damaged UK's ability to protect Gibraltar, admits Hammond

  

  Britain’s ability to protect the interests of Gibraltar has been damaged by the EU referendum result, UK Foreign Secretary Philip Hammond on Monday. In an interview with ITV’s Robert Peston, Mr Hammond repeated a stark warning he first voiced when he visited Gibraltar ahead of the referendum campaign.

• Tuesday, June 28th 2016 - 06:16 UTC

  Gibraltar talking with Scotland about how to remain in the European Union

  

  Gibraltar is in talks with Scotland about a plan to keep parts of the UK in the EU, according to BBC Newsnight. Fabian Picardo, the territory's chief minister, told the BBC he was speaking to Scotland's First Minister, Nicola Sturgeon, about various options. One possibility under discussion is for Gibraltar and Scotland, which both voted to remain in the EU, to maintain the UK's membership of the bloc.

• Tuesday, June 28th 2016 - 06:13 UTC

  Suspended sentence for campaigner who unfurled a Spanish flag in Gibraltar

  

  The right-wing campaigner who helped unfurl a giant Spanish flag on the Upper Rock of Gibraltar has been released from custody after being handed a suspended sentence. Juan Ignacio Mínguez Martinez, 53, from Madrid, had admitted participating in the ‘politically motivated’ stunt and pleaded guilty last Wednesday to a charge of conduct likely to cause a breach of the peace.

• Monday, June 27th 2016 - 10:06 UTC

  UK ready to face the future from a position of strength, says Chancellor Osborne

  

  Chancellor of the Exchequer George Osborne has said the UK is ready to face the future “from a position of strength” and indicated there will be no immediate emergency Budget. However he admitted there would still need to be an “adjustment” in the UK economy, and it was “perfectly sensible to wait for a new prime minister” before taking any such action.

• Monday, June 27th 2016 - 08:07 UTC

  Berlin and Paris in “full agreement”; Merkel aide says politicians in London should take time to reconsider Brexit

  

  German Chancellor Angela Merkel and French President Francois Hollande said on Sunday they are in “full agreement” on how to handle the fallout from the UK's decision to leave the European Union. Hollande warned that “separated, we run the risk of divisions, dissension and quarrels”.

• Monday, June 27th 2016 - 08:01 UTC

  Temer will be absent from Mercosur summit; displeasure with Venezuela

  

  Brazilian interim president Michel Temer will be absent from the next Mercosur summit scheduled to take place in Montevideo, and this decision is considered a strong message to the Venezuelan government of president Nicolas Maduro that will be taking the group's chair for the next six months.

• Monday, June 27th 2016 - 07:15 UTC

  Brazil's recession greater risk than Brexit for Argentina: could chip 1.5 percentage points from GDP

  

  Argentina’s annual rate of inflation was likely to have reached an annualized 42% through May, but should begin to slow in June with a return to growth also on the horizon, Finance Minister Alfonso Prat-Gay said in an address to investors in New York. The minister also said that for Argentina, Brazil's recession had a greater impact than Brexit.