Stories for February 2011
India interested in reaching out to Latin America and Mercosur
India is reaching out to emerging markets and Latin America, and more precisely Mercosur is a strategic priority, said India’s Minister for Commerce and Industry Jyotiraditya Scindia addressing the Confederation of Indian Industry (CII) India-Uruguay business conference that hosted a large Uruguayan business delegation led by the country’s Vice-President, Danilo Astori.
ANCAP contracts 50.000 km areo-magnetic survey of the Uruguayan offshore
Uruguay government owned oil company ANCAP contracted the international company Fugro for the provision of geophysical services covering a complete aero-magnetic survey of the River Plate area and Atlantic Ocean where Uruguay is about to launch a hydrocarbons exploratory round.
Falklands Facts
In his reply of 19 February to my letter of the 12th, Mr. Cisneros says “the worst thing we can do is quibble and distract ourselves from the main problem”. But it is not a “quibble” to state simple facts, as I did in my letter. So I suggest we get a few facts straight – not unilateral facts, but straightforward historical facts.
Brazilian judge blocks plans to build world’s third largest dam in the Amazon
A Brazilian judge has blocked plans to build a huge hydro-electric dam in the Amazon rainforest because of environmental concerns. Federal judge Ronaldo Desterro said environmental requirements to build the Belo Monte dam had not been met.
BBC ends Spanish broadcasts for Latin America; major role in Falklands war
The BBC has ended its radio broadcasts in Spanish for Latin America, 73 years after they first went on air. The service faced its greatest challenge during the Falklands War between Britain and Argentina in 1982.
Petrobras posts record net profit in 2010: 20 billion US dollars
Latin America's biggest company, Brazilian state-managed oil giant Petrobras, on Friday said it raked in a record net profit last year of 20 billion US dollars. That figure for 2010 was 17% higher than its profit for 2009 company executives told a news conference in Rio de Janeiro.
United States GDP expands 2.8% during 2010 following 2.9% contraction in 2009
U.S. gross domestic product expanded at an annualized rate of 2.8% in the fourth quarter of 2010, compared with an earlier estimate of 3.2% GDP growth, the Commerce Department said Friday.
China became in 2010 Chile’s biggest provider for consumable goods
Chilean Central Bank data this week confirmed ha China is now the biggest provider of consumable goods to the country. In 2006, the main providers of consumable goods to Chile were the US, Argentina and Brazil.
U.S. reacts ironically to Timmerman’s advise on contacts with the Argentine press
Unite States officials said they would continue to claim the US Air Force aircraft cargo seized in Argentina and rejected point blank pressures on embassy officials from Argentina’s Foreign Affairs minister Hector Timerman to abstain from comments on the issue with the Argentine press.
Latin America: Making the Good Times Better
By Dominique Strauss-Kahn - Latin America has enjoyed tremendous economic dynamism and a rising quality of life in recent years. But, faced with new challenges, the question is: how best to sustain this progress?
