Stories for 2008

Friday, June 13th 2008 - 21:00 UTC
NZ company further expands in Uruguayan farming

New Zealand rural services company PGG Wrightson continues to expand in South America. The NZX-listed company announced the purchase of a 51% stake in Romualdo Rodriguez , a Uruguay-based livestock, wool and rural real estate business.
Friday, June 13th 2008 - 21:00 UTC
Specter of new default in Argentina “closer”, says FT

London's prestigious Financial Times has published a scathing report on Argentina's financial situation and the loss of confidence in the current government which it argues “has brought the specter of a new default closer”.
Friday, June 13th 2008 - 21:00 UTC
EU-scuttle Irish vote triggers strong Paris-Berlin reaction

Irish voters dealt a stunning blow to the European Union by decisively rejecting the institutional reforms of the Lisbon treaty. Official Thursday referendum results released on Friday showed 53.4% of Irish voters said NO and 46.6%, YES.
Friday, June 13th 2008 - 21:00 UTC
Brazilian companies, main investors in Argentina since 2004

Brazil has become Argentina's leading investor with growing interests in the country's oil and cement industries, mining and steel, textiles, cosmetics,transport, banks, food and beverages according to a study on the internationalization of Brazilian companies in Argentina.
Friday, June 13th 2008 - 21:00 UTC
US May inflation at its fastest rate since last November

Inflation in the United States rose at its fastest pace for six months in May because of sharply higher energy costs. Consumer prices rose 0.6% last month, government figures showed, the steepest monthly increase since last November.
Friday, June 13th 2008 - 21:00 UTC
OPEC again cuts 2008 global oil demand estimate

The Organization of Petroleum Exporting Countries cut its 2008 global oil demand forecast for a fifth month as record fuel prices curb consumption. Oil demand this year will rise 1.1 million barrels a day to 86.88 million barrels, OPEC said in its monthly oil market report today.
Friday, June 13th 2008 - 21:00 UTC
Argentina unable to fulfill export quota of prime beef to EU

Argentina is unlikely to fulfill its contract to supply the European Union with 28,000 tonnes of boneless top prime cuts of beef, also known as Hilton cuts, according to government and meat industry sources.
Friday, June 13th 2008 - 21:00 UTC
Latam growth prospects slowdown in rest of 08 and 09

Latin American and Caribbean economies will start to slow in the second half of this year and possibly into 2009 because of the rise in oil and food prices, the United Nations Latinamerican Economic Commission, Cepal said on Friday.
Thursday, June 12th 2008 - 21:00 UTC
Sudan aircraft had “technical problems” says Aerolineas

Argentina's flag air carrier Aerolíneas Argentinas last year had the opportunity to charter the Airbus 310 which caught fire in Sudan, killing at least 100 people, but the operation did not advance because of “technical problems” in the aircraft revealed the company in Buenos Aires.
Thursday, June 12th 2008 - 21:00 UTC
London Stock Exchange after Argentine companies

The London Stock Exchange is very much interested in having Argentine companies join the market since Argentina has excellent conditions: natural resources, technology and a trained population, according to Graham Dallas, senior manager from LSE currently visiting Buenos Aires to promote London's financial markets.