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As part of Uruguay long term plan to promote investment in infrastructure and finance investment in electric power plants using renewable energy resources, essentially wind and solar so as to diversify the country energy mix and cut CO2 emissions, the country will be receiving a 250 million dollar credit line from the Inter American Development Bank, IDB.
Latest indications confirm that world cereal production will reach an all-time record of more than 2.5 billion tonnes in 2014. Buoyed by bumper crops in Europe and a record maize output in the United States this year's cereal output should reach 2.532 billion tonnes, including rice in milled terms, or 0.3% higher than 2013, according to FAO's latest Crop Prospects and Food Situation Report.
Exports from Latin America will drop by about 1.4% in 2014, the first decline in exports since the collapse of international commerce during the 2009 financial crisis, according to a study by the Inter-American Development Bank (IDB).
Uruguayan president produces US-signed evidence to calm down opposition. Refugees adapting gradually to life in Montevideo.
The largest international deal by a Spanish company in the last five years, props up shares despite plummetting international oil prices.
Argentina's Secretary of Malvinas (Falklands) Daniel Filmus moves spotlight onto juridical, historical knowledge, continental platform and international relationships to back sovereignty claims
Evo Morales, Governor Urribarri play football - New Intelligence boss appointed.
Vinicius De Moraes and Antonio Carlos Tom Jobim extend bossa nova influence to Olympìc and Paralympic Games symbols respectively.
The currency closed at R$ 2.76 per US$ 1 dollar. Domestic politics, international oil prices, US Fed measures and Russian ruble drop to blame.
Scientists at the Instituto Oswaldo Cruz find enzyme-producing bacteria that requires bolder therapeutic measures. Flamengo beach unfit for swimming.