A deployable core drill rig is taking samples of the sea bed and rock structure for the likely locations of a future deep-sea port for the Falkland Islands in Port William, reports the Penguin News.
By R. Viswanathan - Yes… steady is the word to describe the growth of India's trade with Mexico, the second largest market of Latin America. The bilateral trade reached 6.29 billion dollars in 2012 from 4.15bn in 2011, 2.9bn in 2008 and 1.03bn in 2003.
President Jose Mujica confirmed that the project for the construction of a liquid gas re-gasification plant in the River Plate coast, originally planned with Argentina, “will go ahead with of without the Argentine government”.
Germany is keen to boost its already substantial investment in Brazil ahead of the 2014 World Cup and the 2016 Rio summer Olympics, the new president of the Brazil-Germany Chamber of Commerce said.
Argentina’s nationalized energy company YPF on Tuesday signed a memorandum of understanding with the local subsidiary of the US Dow Chemical to develop the shale gas deposits in the southern Nequen province.
Chilean president Sebastian Piñera signed this week a bill which grants a special ‘March-bonus’ to low-income families and is extensive to seven million people. Each beneficiary will receive the equivalent of 85 dollars which will represent for the Treasury an outlay of 208 million dollars.
Cargill Inc. and Bunge Ltd. are among grain exporters that allegedly owe the Argentine government 951 million dollars in taxes and won’t be eligible for a reduced interest rate under a payment plan unveiled by the government this week.
A US court in New York on Tuesday rejected Argentina's request for a full-court rehearing of an appeal it lodged as it struggles to shake off holders of 1.3 billion dollars in defaulted bonds.
Brazilian President Dilma Rousseff will attend this week's BRICS summit of five emerging powers hosted by South Africa to discuss creation of their own development bank, the Planalto office announced.
The main group representing supermarkets in Brazil says it will no longer sell meat from cattle raised in the rainforest. The Brazilian Association of Supermarkets, which has 2,800 members, hopes the deal will cut down on the illegal use of rainforest for pasture.