Stories for January 2008

Monday, January 28th 2008 - 20:00 UTC
First time ever Chile Senate deputy chair goes for Magallanes

Political turmoil in the Chilean ruling coalition which has left President Michelle Bachelet without a majority in the Senate has meant that for the first time Magallanes region, in the extreme south of the country, will have a deputy speaker in the upper house beginning March 2009.
Monday, January 28th 2008 - 20:00 UTC
Montevideo, Santiago and Buenos Aires best cities in Latam

Vancouver is the world's best place to live, a survey by the Economist Intelligence Unit (EIU) has found. In Latinamerica although no city manages “ideal living conditions”, Montevideo in Uruguay, Santiago in Chile and Buenos Aires in Argentina offer the region's best conditions.
Monday, January 28th 2008 - 20:00 UTC
“Cheap” energy costs Argentina billions and more blackouts

Keeping electricity rates frozen cost the Argentine Treasury four billion US dollars in four years, from 2003 to 2007. A sum which could have been invested in six 800 MW thermal generation plants or two gas pipelines from Bolivia according to Argentina's Cammesa, manager of the country's wholesale electricity market.
Monday, January 28th 2008 - 20:00 UTC
In 4 years Kirchner contracted 37.000 new employees

The Argentine government contracted 37.000 civil servants under the administration of president Nestor Kirchner, (2003/2007) which works out at an average of 35 new employees every day, according to reports from the Ministry of Economy published Monday in the Buenos Aires press.
Monday, January 28th 2008 - 20:00 UTC
Record inflow of foreign investment to Brazil in 2007

Foreign direct investment in Brazil reached a record 34.6 billion US dollars (almost double the 18.7 billion of 2006) reported the Brazilian Central Bank. FDI this year is expected to topple 28 billion US dollars with an estimated record 4.5 billion in January.
Monday, January 28th 2008 - 20:00 UTC
Chile behind Norway as world's leading salmon producers

According to recently released industry data, Chile maintained its status as the world's second largest famed salmon-producer in 2007, although salmon production decreased by about three percent from 2006.
Monday, January 28th 2008 - 20:00 UTC
Lively discussion of Falklands' deep-water port options

Port William outside of Stanley Harbour is proving a popular option with the Falkland Islands business community for a future deep-water port, however environmentalists are less enthusiastic.
Monday, January 28th 2008 - 20:00 UTC
Brazil plans to build nuclear sub with French technology

Brazil is seeking to acquire military technology from France that could help it become the first country in Latin America to have a nuclear submarine, the Defense Ministry said on Monday.
Monday, January 28th 2008 - 20:00 UTC
Regional committees downgrade Latam growth prospects

The United Nations Economic Committee for Latinamerica and the Caribbean, Cepal and the Andean Promotion Corporation, CAF downgraded their prospects for the region's growth this year fearing the impact of a recession in United States.
Sunday, January 27th 2008 - 20:00 UTC
No licence to krill trawl creates new partnerships

Five Norwegian companies, presently unlicenced to trawl for krill in Antarctica, have had their requests to do so turned down by the Norwegian Directorare of Fisheries. The five companies locked out of said fishing are Andre VÃÂ¥gsholm, Henning Veibust, Norway Krill Company Ltd, Olympic/Stig Invest and the Fish Group of Norway.