Stories for January 6th 2010
Brazil consolidates position a world leader in meat markets
Even when Brazilian meat and chicken exports are recovering at a slower pace than anticipated, representatives from the industry and market analysts anticipate that overseas sales should retake pre-crisis levels by the end of 2010, if not in price, in volume.
Air Tahiti confirms MOD contract for Falklands’ airbridge
French Polynesia’s flag carrier has signed a deal with the British Defense Ministry to fly military personnel from England to the Falkland Islands in the South Atlantic, according to Radio New Zealand International.
Brazil car sales grew 11% in 2009 and another 10% increase is forecasted for 2010
Brazil’s new car sales could rise 10% this year as Latinamerica’s largest economy expands the most since 2007, the country’s dealership federation said on Tuesday. Sales in 2009 increased 11% to 3.14 million units.
Buenos Aires Mayor tossed his hat into the Argentine presidential ring
Buenos Aires City Mayor Mauricio Macri tossed his hat into the 2011 Argentine presidential ring by saying that it would be a “boyhood dream” to face off against ex-president Néstor Kirchner next year. “We are building a candidacy” he underlined.
Spanish unemployment at new records: 19.3% and 40% for the young
Spanish unemployment rose to the highest in more than a decade in December, 19.3%, capping a year that saw the nation’s jobless rate soar to double the Euro- zone average. The number of people registering for unemployment benefits increased by 54,657, or 1.41 percentage points from November to 3.92 million.
Brazil has record increase of international reserves in 2009
Brazil’s Central Bank reserves soared 23.4% in the last twelve months having reached 239 billion US dollars by December 31st, according to the latest data available. Nevertheless the Central Bank points out that this was below the December 2nd record of 239.4 billion USD.
Uruguayan exports fall of 8.7% in 2009 is considered a success
Uruguayan exports dropped 8.71% and imports 17.62% during 2009 in line with the overall global contraction. Only five of Uruguay’s main trade partners received more exports and only five of the country’s main export products showed an increase in US dollar value sales.
Busted with salmon farming, Chilean community tries marine tourism
Quellón, a small Chiloé Island community in the south of Chile that once was entirely dedicated to the salmon industry, is hoping growing interest in marine tourism will bring the local economy back to life. The bottom fell out of Quellón’s economy last year when the salmon industry went under, leaving half the community out of work.
