Investments

Investments
Saturday, October 22nd 2011 - 04:26 UTC

CFK poised for landslide victory and control of the congress on Sunday

Another four years and even a “Cristina forever” surprise round the corner<br />
<br />

Argentine president Cristina Fernandez (CFK) should be comfortably re-elected Sunday with a landslide victory which according to the latest public opinion polls indicate a support ranging from 52% to 55%

Wednesday, October 19th 2011 - 06:32 UTC

Argentine farmers promise that “claims from our sector will keep coming”

Biolcati described President Cristina Fernandez visit to a farmers’ organization as “a nice gesture”

Argentine Rural Society’s head, Hugo Biolcati, praised the visit President Cristina Fernández made to Coninagro farmers’ federation, but emphasized that “the claims from our sector will keep coming.”

Tuesday, October 18th 2011 - 07:12 UTC

Rousseff announces massive investment in urban transport projects

Porto Alegre and Curitiba will have their first metro lines with federal aid

President Dilma Rousseff said Monday that her administration plans to invest 30 billion Reais (17 billion dollars) in urban transportation projects across Brazil.

Monday, October 17th 2011 - 17:24 UTC

Pirelli to invest 500m in Argentina factory to recover Mercosur tyre market

The first phase anticipates a production of 700.000 per annum

Facing losing market shares in the Mercosur region, Italy’s Pirelli is to build a new radial truck tyre factory in Argentina involving an investment of 500 million dollars. Construction will begin in 2012, with first-phase capacity on stream in 2014.

Monday, October 17th 2011 - 14:57 UTC

Rockhopper is ready to begin drilling another two wells in Falklands’ waters

One of them is in the farm-in-deal licence with Desire Petroleum

Falkland Islands explorer Rockhopper Exploration (RKH) has secured the Ocean Guardian drilling rig for another well in the burgeoning oil province.

Monday, October 17th 2011 - 04:16 UTC

BHP Billiton plans to invest heavily in Brazilian iron ore extraction

Ferrous was founded by Australian Gordon Toll with over forty years in mining

BHP Billiton , the world's biggest miner, is close to launching a £2-billion-pound bid for Brazilian iron ore miner Ferrous Resources, the Sunday Times reported. The newspaper, without citing sources, said talks between BHP and Ferrous Resources started earlier this year and had stepped up in recent weeks.

Friday, October 14th 2011 - 08:03 UTC

Argos raises prospective resource by 182% to 2.1 billion barrels of oil

Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin, is pleased to issue a new Competent Persons Report (“CPR”) prepared by Senergy (GB) Ltd (“Senergy”).

Thursday, October 13th 2011 - 07:53 UTC

Uruguayan First Lady described Vazquez ‘war hypotheses as absurd and a kids’ anecdote

Senator Topolansky comments can be interpreted as coming directly from President Mujica<br />

Uruguay’s First Lady Lucia Topolansky described statements from former president Tabare Vazquez referred to a possible ‘war hypotheses’ with Argentina over the paper mill conflict as ‘absurd’ and recommended those words shouldn’t be considered more than a simple kids’ anecdote.

Thursday, October 13th 2011 - 07:50 UTC

Colombian president praises US congress for ratifying free trade agreement

Juan Manuel Santos addressed the country on national television <br />

President Juan Manuel Santos praised US Congress ratification of a long-stalled free trade agreement with the United States and said it was a historic day for Colombian business and workers.

Thursday, October 13th 2011 - 07:44 UTC

Blackberry problems spread to the US and main users in South America

“It is a backlog issue” according to RIM software vice president David Yach<br />

Problems with the Blackberry smart-phone system appear to have spread to the United States and several South American countries. Users began to report loss of services on Wednesday, with many turning to Twitter to complain about their lack of email.

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