Brazil' government managed oil corporation Petrobras announced international investments totaling 15 billion US dollars in the 2008/2012 period, most of which in exploration and production in the Gulf of Mexico, Argentina and Western Africa.
Russian Foreign Affairs Minister Sergei Lavrov and a delegation of businessmen arrived Tuesday in Peru for an official one day visit to hold talks with President Alan García and sign several cooperation agreements.
With global grain prices reaching record levels the idea of an international Grain OPEC is floating again in the air and under consideration in a Moscow conference. Russia is one of the world's leading producers and exporters of cereals.
Three million and a half foreign tourists will be visiting Argentina by the end of 2007 totaling 3.2 billion US dollars, according to the country's Tourism Under Secretary Daniel Aguilera.
The Organization of Petroleum Exporting Countries (OPEC) agreed to increase oil production by 500.000 barrels per day from November first, Qatar's Energy Minister announced at the 145th OPEC session Tuesday in Vienna.