Cuba is forced to import more than 400,000 tons of rice each year, 60% of the total amount of this dietary staple consumed on the island, according to official figures published Sunday by the daily Juventud Rebelde.
Soybean processing and exports from the US, Argentina and Brazil, the largest shippers, were below expectations in the second quarter on reduced Chinese imports and competition from palm oil, Oil World said in a Tuesday released report.
On request from Argentina advance on EU/Mercosur trade talks will be delayed until after next October’s presidential election, revealed the EU Trade Commissar Karel de Gucht.
US leadership could be the vital spark needed to revive moribund world trade talks, said World Bank President Robert Zoellick and criticized those who support a mini-trade deal or putting the Doha effort to sleep.
Japan has imposed a ban on all beef coming from the prefecture of Fukushima, where three nuclear reactors melted down following the March 11 magnitude 9.0 earthquake and tsunami. The Japanese government is also apologizing for its delayed response to radioactive meat reaching the market.
Brazil will reduce the ethanol content in gasoline in another effort to contain inflation since sugar (and ethanol) prices because of a poor crop have been soaring, according to the Sao Paulo press.
Economic activity in Argentina expanded 8.1% in May over a year ago and 8.9% in the first five months of the year according to the country’s Statistics and Census Office, Indec.
The presidency of the Paraguayan delegation at the Mercosur Parliament, Parlasur called on Argentina to improve the ‘reduced’ price it currently pays for surplus power from the shared hydroelectric dam of Yacyretá.
Over a month after the eruption of the Caulle-Puyehue volcano in Chile, a first flight landed in the airport of Argentina’s ski resort Bariloche. The chartered flight arrived from Sao Paulo with 120 Brazilian tourists.
Brazil's central bank on Monday tightened rules on credit card loans backed by wages and pensions which households are increasingly using as a source of long-term borrowing.