Stories for August 10th 2012

Friday, August 10th 2012 - 22:42 UTC

Falklands’ Argentine cemetery investigation extends to the UK and Malvinas families

Statue of the Virgin of Lujan at the Argentine Cemetery

The investigation into the vandalized hermitage at the Argentine Cemetery in the Falklands has seen the local police investigation extend to the UK and Argentina. Forensic material has been sent to Britain and Falklands’ police have requested the Malvinas Families Commission to help identify the origin of a Spanish Bible with a message signed by a “Viviana” found inside the attacked shrine.

Friday, August 10th 2012 - 22:37 UTC

Ice patrol HMS Protector crew to visit the affiliated city of Cambridge

Cambridge is home of the British Antarctic Survey

The university city of Cambridge might be more used to punts, but it is about to welcome the crew of a Royal Navy ship. HMS Protector, the Navy's 5.000-ton Antarctic patrol vessel is to visit the region on Monday, marking her first visit to her affiliated city of Cambridge since the formal link was established a year ago.

Friday, August 10th 2012 - 22:28 UTC

Mexico Ousts Brazil as Investors’ Top Choice in Latin America

Peña Nieto, the return of PRI and the recovering US economy are expected to boost the Mexican economy

Due to increasing economic stability and a growing population, Brazil is now widely considered an economic powerhouse capable of maintaining and attracting foreign direct investments.(1)(2) However, recent corruption schemes, changes in monetary policy, and the ongoing 2008 global financial crisis have undermined Brazil’s shining reputation. In light of Brazil’s governmental intervention, the number of state-controlled enterprises, the growing debt-to-GDP in the private sector, and inflation rates, investors have begun to turn their attention to other economies in Latin America, especially Mexico.(3)

Friday, August 10th 2012 - 19:52 UTC

Olympics Excitement in the Falkland Islands

Olympic Torch displayed on the Town Hall stage with the racing sheep during the Olympic Spirit 2012 event!

The visit of one of the 8000 London 2012 Olympic torches to the Falklands has added to the excitement felt in the Islands for the London Olympics.

Friday, August 10th 2012 - 08:56 UTC

Uruguay begins to discuss ‘marihuana bill’ that makes government pot dealer

President Mujica, the drugs war has been a failure

A plan by Uruguayan president Jose Mujica to turn the government into the nation's marijuana dealer has been presented to Congress. The aim of the proposed bill is to take over an illegal marijuana trafficking business estimated to be worth 30 to 40 million dollars annually.

Friday, August 10th 2012 - 08:49 UTC

Brazil bumper crop of corn estimated at 71.5 million tons

The soy harvest expected to drop t0 65.8 million tons

Brazil will reap a record grain harvest of 163.3 million tons this year, a gain of two per cent over 2011, the IBGE statistics agency says. The IBGE's latest forecast, based on July data is 1.6% higher than the previous projection.

Friday, August 10th 2012 - 08:41 UTC

Short of soy Brazil meat producers want to import from Bolivia

The hog industry of Matto Grosso do Sul has made the official request

Meat producers in Brazil's Mato Grosso do Sul state are lobbying the government to approve soy imports from neighbouring Bolivia after drought shrank supplies in the world's second grower, a state official and analysts.

Friday, August 10th 2012 - 08:35 UTC

Booming agriculture sees crop land prices in Brazil soar 18% in the past year

US farms land rose by 10.9% over the last year

Prices of Brazilian crop land have soared 18% in the past year, to judge by data from one of the country's biggest agricultural groups, which revealed plans to take sowings nearly to 300,000 hectares, according to Agrimoney.com.

Friday, August 10th 2012 - 08:27 UTC

Toyota opens third plant in Brazil and announces engine plant

Toyota president Akio Toyoda and Minister Pimentel at the ceremony

Toyota from Japan has inaugurated its third plant in Brazil that aims to produce 70,000 cars a year. The facility, located 90 kilometres west of Sao Paulo in Sorocaba, will begin producing Etios compact cars next month, with engines imported from Japan.

Friday, August 10th 2012 - 07:57 UTC

Brazil votes affirmative action for blacks and minorities in federal universities

According to the census 51% of Brazilians are black or mixed race

The Brazilian Senate has approved an affirmative action bill that reserves half the spots in federal universities for high school graduates of public schools, and distributes them according to the racial makeup of each state.

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