
The UK will increase its contribution to prosperity programs in Colombia by up to £25 million, supporting economic development and opening up investment and export opportunities worth in the region of £6 billion to the UK economy.

Brazilian ex president Dilma Rousseff is in Uruguay, her first overseas visit since Congress voted her impeachment and removal from office. The leader is scheduled to participate on Friday in a march in downtown Montevideo with Uruguayan unions protesting salary conditions and will also be received at a special ceremony in the town hall where she will be given the keys of the city by mayor Daniel Martinez.

Central Bank governor and finance ministry are in the process of adjusting their economic policy should the Republican candidate be elected. Mexican Central Bank governor Agustín Carstens, notorious for having stated that a victory for Donald Trump would hit his country like a hurricane, admitted Thursday he is readying a contingency plan for an “adverse” election result in the United States' presidential elections.
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The Venezuelan president said the Democratic Unity Roundtable is looking for excuses to leave the political dialogue that is ongoing since Sunday under the auspices of international mediators and the Vatican.

By Ernesto Talvi - Center-left and populist governments' hegemony in Latin America for most of the last decade now seems to be coming to an end, with center-right parties rising to power in Argentina, Brazil, Guatemala, Paraguay, and Peru.

Friday November 11 is Remembrance Day (Poppy Day) and the event will be recalled in Uruguay with a brief service at the British Cemetery, November 11th, at 11:00 am, and a Remembrance Sunday Service will take place on Sunday 13 November at 10:30 am, at the Cathedral of the Holy Trinity (Templo Inglés).

England and Scotland's footballers will defy the sport's global governing body and wear black armbands bearing poppies in their 11 November match. The FA and SFA have rejected FIFA's ban on poppies being displayed on the pitch for the World Cup Armistice Day qualifier. The ruling by football's world governing body was earlier described by the Prime Minister as “utterly outrageous”.

British government’s plan for leaving the European Union was thrown into uncertainty on Thursday after the High Court ruled that Parliament must give its approval before the process can begin. The court’s decision seemed likely to slow — but not halt — the British withdrawal from the bloc, a step approved by nearly 52% of voters in a June referendum.

By Kenneth Rogoff
Markets nowadays are fixated on how high the US Federal Reserve will raise interest rates in the next 12 months. This is dangerously shortsighted: the real concern ought to be how far it could cut rates in the next deep recession. Given that the Fed may struggle just to get its base interest rate up to 2% over the coming year, there will be very little room to cut if a recession hits.

The President of Mercosur’s parliament (Parlasur) thinks that the European Union’s current tabled offer is “unsatisfactory” and made it clear that it shouldn’t be signed in its current form. Jorge Taiana, head of the parliament, and former foreign minister with ex president Cristina Fernandez, complained that the negotiations, which resumed about seven years ago, are taking far too long, but added that in the absence of a “balanced agreement”, nothing should be signed.