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...