The value of Argentine farmland increased 210% in the last four years and grain production 116% between 1993 and 2005, revealed Argentine Economy minister Roberto Lavagna during a meeting with farmers.
World population will reach seven billion in seven years time pushed by the demographic growth in developing countries according to a private report.
Venezuelan president Hugo Chavez forecasted that the international oil price will stabilize in the range of 65 US dollars per barrel during the next two years but warned that market volatility could see it soar to 90 US dollars.
The World Bank's decision to cut fees and boost limits for its biggest borrowers should help the lender cement a role in fast-growing nations such as China and Brazil said development analysts.