
Brexit has cost the British economy at least £80 billion since the referendum and the shock of a no-deal divorce could see interest rates slashed, according to a Bank of England policymaker. Gertjan Vlieghe, an external member of the central bank’s Monetary Policy Committee, said that, since the June 2016 vote, 2% has been shaved off GDP.

A group of retired diplomats have issued a plea to Theresa May to delay Brexit to allow more time to establish a clearer plan or allow for a second referendum. In a statement to The Times, more than 40 former ambassadors and Foreign Office mandarins warned that if the Prime Minister secured agreement on her plan, it would not mark the end of uncertainty but the start of years of negotiations.

President Donald Trump on Friday declared a national emergency in a bid to fund his promised wall at the U.S.-Mexico border without congressional approval, an action Democrats vowed to challenge as a violation of the U.S. Constitution.

British Prime Minister Theresa May is sticking to her Brexit strategy, despite her party rowing in the wake of her latest Commons defeat. MPs rejected a motion endorsing her approach by 303 to 258, with 66 Tory MPs abstaining, leading one minister to accuse Brexiteer rebels of treachery.

Prince Charles will make the first-ever official British royal visit to Cuba in March, his office announced on Friday, to mark improving ties between the two nations. The heir to the throne and his wife Camilla, the Duchess of Cornwall, will make a four-day visit to Cuba during a wider tour of the Caribbean, his Clarence House official residence said.

Brazilian authorities arrested eight employees of mining giant Vale on Friday over a dam collapse at one of its mines three weeks ago that killed at least 166 people and left 147 missing, presumed dead.

The Illex squid fishery season starts on February 14 and 105 licenses have been offered confirmed Director of Natural Resources John Barton. He added: “Not all vessels which applied received licenses. The number of licenses offered is the same as the last few years.”

The Falkland Islands government has made public the release from the UK's Air Accidents Investigation Branch referred to an incident involving one of the Islands Air Service Islander, during a regular landing last June.

Argentina, Chile, Paraguay and Uruguay are to submit a joint bid to host the 2030 World Cup, Chile's President Sebastian Piñera announced on Thursday. Argentina, Paraguay and Uruguay had already submitted a joint bid to host the centenary edition of football's most prestigious tournament, but Piñera said on Twitter that those countries' presidents had agreed to Chile's participation in the joint candidacy.

Brazilian Vice President Hamilton Mourao said on Thursday that the president will have to rein in his sons after one of them called a minister a liar on social media, exacerbating tensions in a new government dealing with its first big cabinet scandal.