Paraguay’ Livestock Sanitary Office has confirmed the isolation of a cattle farm in the north of the country where an apparent outbreak of foot and mouth disease has been reported. The farm is approximately 35 kilometres from the outbreak reported last September.
Rain on the last night of 2011 but which stopped a few minutes before 24 tons of fireworks were set off didn’t stop 2 million people from attending Rio de Janeiro’s main New Year’s festival, an event that was confirmed to be the largest of its kind in the world.
In spite of a slight gain in the last trading day of 2011 the Brazilian stocks benchmark index experienced an 18.1% decline in the twelve months on concerns that Europe's debt troubles could lead to another global recession.
Brazilian plane-maker Embraer will sell its A-29 Super Tucano aircraft to the US Air Force, in a firm-fixed price delivery order contract worth 355 million dollars, the company said in a statement.
Brazil's government may cut as much as much 60 billion Reais (32 billion dollars) from spending in 2012 in an effort to control its deficit and inflation, the Estado de Sao Paulo newspaper reported, citing unnamed Finance Ministry officials.
Brazil's government faces as much as 74 billion Reais (40 billion dollars) of unbudgeted expenses in 2012 stemming from lawsuits awaiting judgement at the country's Supreme Court, the Correio Brasilense newspaper reported on Sunday.
Saudi Arabia's largest dairy company announced it was buying Argentine farm operator Fondomonte for 83 million dollars to secure access to a supply of animal feed. The acquisition will give Riyadh-based Almarai Co. control of roughly 30,000 acres of farmland just ahead of tough new limits to be imposed by Argentina's government on foreign ownership of productive land.
Argentina's economy should expand by 4.5% to 7.5% in 2012 according to the Central bank that also warned about the threat of the consequences of the Euro crisis. The bank’s latest approved monetary program states that the policies that have helped Argentina's economy boom over the last nine years will remain largely in place.
As a demonstration of support for Argentine President Cristina Fernandez who will undergo surgery for a thyroid carcinoma, the youth branch of the ruling Argentine Peronist Party has invited the Argentine people to donate blood to local clinics and hospitals.
Australia’s Malcolm Fraser Government considered taking British refugees from the Falkland Islands at the height of the South Atlantic conflict in 1982, reports the Sydney press based on the release of National Archives.