Beef consumption in Argentina in 2007 reached 67.2 kilos per capita, 10.4% over the previous year according to the country's Chamber of Meat Industry and commerce, Ciccra, which also predicts a strong domestic demand in 2008.
United States securities regulators are reviewing whether investment banks' trades in shares of companies linked to merger and acquisition deals they were advising were based on coincidence or inside information, according to The Wall Street Journal on Monday.
Spain's Repsol announced the discovery of a new gas deposit at block 57 in Peru's Cuzco department that holds 56.6 billion cubic meters. The discovery was made at exploratory well Kinteroni X1 where initial production tests have reached 1Mm3/d of gas and 198m3 of associated liquid hydrocarbons.
United States seems intent in re-tracking relations with Argentina following the Kirchner administration fierce criticism of the US government for allegedly implementing a garbage operation to smear Argentine authorities.
Brazil's government managed petroleum corporation Petrobras is involved in Antarctic research and development sponsoring the renewal of the Comandante Ferraz Antarctic Station, and the acquisition of research equipment for the Oceanographic Support Ship Ary Rongel.
Guatemala's Alvaro Colom was sworn in as president Monday, vowing to fight violent crime and empower the impoverished indigenous population in a social democracy with a Mayan face. With a population of 13 million, 45% ethnic Mayan, more than six million Guatemalans live below the poverty line of one US dollar per day.