Venezuela should honour its debt obligations to Russia despite the political situation in Caracas, Russian Finance Minister Anton Siluanov said on Thursday. ”Russia hopes that Venezuela, even in case of a change of power in the country, will fulfil its obligations under the debt to Russia, Siluanov told reporters on the sidelines of the Russian Investment Forum in the Black Sea resort of Sochi.
The impact of Brexit on the Falkland Islands has been raised in the UK’s House of Lords, with Lib Dem Lord Nigel Jones tabling questions to the Foreign Office. Lord Jones asked the government what assessment they had made of the Falklands’ EU exports, and the impact of World Trade Organization tariffs on Islands fisheries.
As advanced by Mercopress, Uruguay and Argentine presidents', Tabare Vazquez and Mauricio Macri open agenda surprise meeting was in effect to address the Venezuelan situation, particularly what has been described in Buenos Aires as the erratic accommodative stance to circumstances and environment, of the Vazquez administration.
British Prime Minister Theresa May is hoping parliament will show her some love on Valentine's Day by backing a motion reiterating its support for her Brexit strategy and rejecting amendments that would force her hand. Lawmakers in the UK will vote on May's latest motion on Thursday and could be asked to vote on five other amendments brought forward by MPs.
United States and Chinese negotiators kicked off two days of official trade talks in Beijing on Thursday as the world's top two economies try to patch up their festering economic dispute. Pressure to seal an accord ahead of a March deadline lessened before the talks as US President Donald Trump indicated on Tuesday in Washington he was open to extending a trade truce, depending on progress in Beijing.
Thousands took to the streets in 50 Argentine cities and towns Wednesday demanding that the government declare a food emergency and put an end to suffocating price increases. Since President Mauricio Macri came to power in 2015, electricity bills have gone up 210% and gas 300%. The government blamed the increase on the removal of significant subsidies in place under the previous administration.
Pressure is growing on global commodity trading firms with strong ties to Switzerland for their alleged involvement in the “Car Wash” corruption scandal in Brazil. The US Federal Bureau of Investigation is investigating two Vitol executives in the Americas, according to Reuters news agency.
Pope Francis has sent a letter to Nicolas Maduro responding to a recent invitation to mediate in the Venezuelan political crisis, according to an Italian newspaper. Milan daily newspaper Corriere Della Sera published a report saying that previous peace efforts in Venezuela were “interrupted because what had been agreed in the meetings was not followed by concrete gestures to implement the agreements.”
Ford has said a no-deal Brexit would be catastrophic for the firm's manufacturing operations in the UK and that it would do whatever is necessary to protect its business. The comments come after a report the carmaker was stepping up preparations to move production out of the UK.
Brazil's President Jair Bolsonaro left hospital on Wednesday, ending a 17-day hiatus at the helm of Latin America's biggest economy during which several high-profile political issues were put on the backburner.