Emerging countries such as Brazil found a significant space to expand meat exports during the last decade but a heavy weight competitor, United States will be gaining international competitiveness in the sector in coming years because of the steep depreciation of the US Dollar against other currencies.
More than forty Argentine wineries will be participating this week at the Pro Wein 2011 wines and spirits trade exhibition in Dusseldorf, Germany, considered one of the most important of Europe and which attracts some of the best professionals.
The Inter-American Development Bank Group expects to more than double its annual financing to companies in Latin America and the Caribbean over the next four years, a move that will help the Group fulfill its mission to promote development though the private sector in the region.
Falkland Islands squid, sea-bass and king-clip were among the mouth watering morsels served to guests and buyers at a prestigious exhibition in the Czech capital of Prague last month.
The March 9 earthquake and tsunami destroyed most of Japan’s profitable salmon industry, but Japan’s loss may be Chile’s gain. <br />
The catastrophe directly hit the main fishing areas in the provinces of Aomori, Iwate, Miyagi, Fukushima, Ibaraki and Chiaba, destroying 20% of the salmon industry and completely shutting down fishing ports.
Latin American policy makers should withdraw fiscal and monetary stimulus to prevent their economies from overheating before turning to capital controls to limit foreign currency inflows, said Nicolas Eyzaguirre, the International Monetary Fund Western Hemisphere director.
Negotiators from the European Union, Colombia and Peru have signed the final texts on an association agreement with a free trade chapter designed to increase commerce between the Andean countries and the European bloc, it was reported Friday.
Boosted by agriculture Paraguay's economy grew an all time record of 15,3% in 2010, following on a 3.8% contraction in 2009, according to the latest release from the Central bank.
Uruguay's central bank this week surprised local economists and raised its benchmark interest rate 100 base points, one percentage point to 7.5%, in an attempt to help combat accelerating inflation which is beyond the government's target range.
Billionaire Warren Buffet who urged United States in 2009 to guard against inflation, said investors should avoid long-term fixed-income bets in US dollars because the currency’s purchasing power will decline.