Stories for July 12th 2010
Danes to invest in Latinamerica’s largest wind farm in northern Chile
The world's largest wind turbine company, Denmark’s Vestas, last week announced it will be investing in the Talinay Oriente wind farm project in northern Chile, a project it says will become Latin America's largest wind farm.
First oil drill in south of Falklands ‘disappointing’, but company keeps to program
The first well to be drilled at the south of the Falkland Islands proved to be a disappointment, Falkland Oil and Gas Ltd, FOGL, officially announced to the London Stock Exchange.
Cheering “Viva España”, “Soy español” millions take to the streets to celebrate
Spontaneous celebrations erupted across Spain on Sunday after the national football team won its first World Cup when Andres Iniesta scored an extra-time goal in a 1-0 wins over the Netherlands at Soccer City, Johannesburg.
Argentina and Venezuela with highest (and climbing) inflation in South America
While most of South America is undergoing a deceleration of consumer prices Argentina and Venezuela are the only countries to experience a significant increase in inflation, making it one of the main concerns or public opinion.
Chinese trade “has recovered to pre-crisis levels” affirms Beijing
China’s trade surplus widened to the highest this year and exports climbed more than estimated to a record in June, adding pressure on the government to let the currency gain after the U.S. said the Yuan “remains undervalued.”
Record import of soy beans by China during June
Soy-bean imports by China, the biggest buyer, jumped to a record in June after a halt to Argentine soy oil shipments and increasing feed consumption boosted demand from crushers, according to Bloomberg.
Mrs. Kirchner in China to try and reopen the soy-oil market
Argentine president Cristina Fernández de Kirchner arrived Sunday in Beijing with a delegation of 70 businessmen and an agenda concentrated on trade issues including one which is fundamental for Argentina, the resumption of soy-oil sales to China which have been banned for several months.
Uruguay’s Diego Forlan, South Africa World’s Cup top individual player
Diego Forlan thumped his right boot against the advertising hoarding in Suwon. The 23-year-old striker's frustration was understandable. He had just spurned a glorious chance to score for Uruguay against Senegal. It was ultimately one that cost his country a 4-3 victory and a place in the Round of 16 of the 2002 FIFA World Cup Korea/Japan.
