Brazil plans to allocate 147.68 billion reais to defence in 2027, about US$27 billion at current exchange rates, but 73% of that will go on salaries, retirement benefits and pensions, according to the budget bill sent to Congre...

European oil majors Shell and TotalEnergies doubled their profits in the third quarter of 2026 and posted their best quarterly results since 2022, driven by refining margins almost four times higher than a year earlier amid ten...

Venezuela’s acting President Delcy Rodríguez on Thursday presented herself as the guarantor of democratic change in the country and promised elections organised by a “renewed” electoral authority, though she set no date....

The International Monetary Fund (IMF) on Thursday urged Argentina’s government to stick with its economic programme as the best way to reduce country risk, and set out four measures to turn the gains of stabilisation into gro...

The Falkland Islands Legislative Assembly on Thursday published the Islands Plan 2026-2030, the programme of government for the current Assembly, which provides for a sovereign wealth fund so that energy sector revenues benefit...

European Central Bank (ECB) President Christine Lagarde will leave her post on February 7, 2027, almost nine months before her term is due to end in late October that year, the Frankfurt-based institution announced on Thursday.

The UK Government will aim to spend 3% of economic output on defense by 2030, and will plot a course for the target at next year's spending review, Chancellor of the Exchequer John Healey has said. Work is underway to reach the...

Brazil is expected to return to eighth place in the global GDP ranking for 2027, overtaking Russia and Italy, according to the International Monetary Fund (IMF) and its World Economic Outlook report, released this month.

Brazilian Senator Flávio Bolsonaro’s transit through Argentina, after he left Brazil despite a court ban and flew to Miami from Puerto Iguazú following his election defeat, has opened a new front in the strained relationshi...

Brazilian Senator Flávio Bolsonaro, who arrived in Miami on Wednesday after leaving Brazil despite a court ban, released a letter in which he presented himself as “the true president-elect of Brazil”, alleged “electoral ...