Stories for May 11th 2012
Brazilian meatpacker moving out of Argentina sells plant to local government
Brazilian meatpacker JBS SA has sold one of its two units based in San Jose, Argentina, the company said in statement Wednesday. The unit was sold for 16.5 million dollars to a group of local cooperatives and the provincial government, which will run the operation.
As in Hitler’s time, the Olympic spirit exploited for political purposes
By Harold Briley - Hitler exploited the Olympics. Argentina’s cynical and infantile exploitation of the Olympic Games for political purposes is a reminder, if any is needed, of its persistent failure to abide by accepted standards of honesty and decency.
Chilean city of Punta Arenas will host IAATO annual meeting next year
Punta Arenas in the extreme south of Chile and one of hubs for Antarctic cruises, will be hosting the next annual meeting of the International Association of Antarctica Tour Operators, IAATO, in the first half of 2013.
UK and Argentina, main tourist generating markets for the Falklands in 2011
Falkland Islands visitor arrivals in 2012 by inbound overnight tourists, cruise passengers and domestic tourists are expected to total 57.000 spending around £7 million. Cruise ship passengers are forecast to make up 35.000 of the 57,000 in the 2012/13 season.
Argentine April inflation 2.16% and 23.45% in 12 months according to ‘Congress-index’
April inflation in Argentina averaged 2.16% accumulating 23.45% in the last twelve months, --more than double the official index-- according to the monthly release from opposition members of Congress based on information from private economic consultants.
Falklands’ Desire Petroleum stake in oil discoveries worth 900 million dollars
The North Falkland basin explorer Desire Petroleum has revealed the findings of an economic assessment of the group’s stake in the Sea Lion oil discovery, based on a high level development concept and economic review by Senergy from the UK.
Brazil underlines the “great political convergence” with Argentina in spite of trade differences
Foreign Minister Antonio Patriota praised the “great political convergence” between Argentina and Brazil and assured that any existing problems related to the bilateral trade “do not tarnish this very strong reality.”
Brazilian navy successfully tests Exocet missile with engine manufactured in the country
The Brazilian navy successfully tested an Exocet MM40 missile totally designed, developed and manufactured in the country by Avibras and with the support from the European group MBDA, partly owned by BAE Systems.
