Stories for July 20th 2012
Falklands ready for a 5 star hotel, says Islands Tourist board director
The new managing director of the Falkland Islands Tourist Board Tony Mason says that Stanley needs a 5 star hotel and anticipates a boom in tourism to the Islands in the next five years.
Argentines inflation expectations for the next 12 months in July climbed to 35.7%
Argentines inflation expectation for the next twelve months climbed in July to 35.7% from 34.9% in June according to the latest report form the Di Tella University Finance research centre (UTDT).
Argentina blasts WTO for its biased and tendentious reports on world trade
The Argentine government, together with Brazil, India and South Africa questioned the inclination, almost bias, of some trade measures elaborated by the World Trade Organization Director General.
Seaweed bio-fuels plant fuelled with CO2 from sugar cane processing in Brazil
The world's first industrial plant producing bio-fuels from seaweed will be built in the north-eastern Brazilian state of Pernambuco in late 2013, the official in charge of the project said Thursday
Argentina announces development of huge potassium deposits with Brazil
President Cristina Fernández announced on Thursday the development of a mining project between Neuquén, Mendoza and Río Negro provinces which will led by Brazilian company Vale, and is expected to become the largest potassium mining site in the world.
US solar companies can compete with China with a bit of innovation
The US solar industry is undergoing some serious growing pains, with bankruptcies and mergers a necessary part of that process; meanwhile, competition from Chinese solar panels has many believing that American solar simply cannot compete. Not so.
Repsol sells 540 million dollars in assets in Chile as part of divestment program
Spain’s Repsol said on Thursday it has reached an agreement with a consortium of Chilean investors, led by LarrainVial, for the sale of 100% of its subsidiary Repsol Butano Chile for approximately 540 million dollars.
Brazilian police arrest land owners and gunmen who killed indigenous chief
Police in Brazil have arrested 18 people in connection with the killing of an indigenous leader last November. Gunmen shot Nisio Gomes in Mato Grosso do Sul and took away his body, which is still missing.
New Yahoo CEO compensation package could reach 70 million in five years
New Yahoo Chief Executive Marissa Mayer's compensation package could total more than 70 million dollars in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company Thursday.
Mexican president-elect accused of laundering money in his campaign
Mexico's ruling conservatives lent their support to accusations that President-elect Enrique Peña Nieto benefited from laundered money in his campaign, piling more pressure on the country's next leader.
