Argentina’s Economy Minister Amado Boudou made the official presentation Thursday of the 2010 budget before the Lower House of Congress, in which he estimated that the economy would grow 2.5% in the upcoming fiscal year, with retail prices in the range of 7% and the primary budget surplus 2.7%. of GDP.
Headlines: Typhoons have landed; A champion for the cause of first-time home buyers; Argentina snubs Islands delegates at world summit.
Brazil's JBS, the world's biggest beef producer, agreed this week to buy a controlling take in bankrupt US poultry producer Pilgrim's Pride and JBS' Brazilian beef rival Bertin.
Argentina plans to reach an agreement with holders of the country's defaulted debt in an effort to return to international lending markets, according to a draft of the 2010 budget submitted to Congress this week.
On August 17, dozens of Mapuche communities in southern Chile united to form the Mapuche Territorial Alliance to continue their struggle for political autonomy. Many of them had carried on angry protests, most recently on August 12, when a police operation to evict the Mapuches who had seized land left one dead and eight injured.
United States Trade Representative Ron Kirk said on Thursday the administration of President Barack Obama was interested in promoting a bilateral trade agreement with Brazil, even when it could mean bypassing Mercosur.
Brazil will have crude for half a century and become a leading oil exporter and “an important player in international geopolitics” the country’s energy minister said during a congressional hearing.
Brazilian government managed oil and gas company Petrobras will freeze overseas investments as the company concentrates on its primary role to develop recently discovered offshore oil reserves, CEO Jose Sergio Gabrielli said Thursday.
This summer's melt of Arctic sea ice has not been as profound as in the last two years, scientists said as the ice began its annual autumn recovery. At its smallest extent this summer, on 12 September, the ice covered 5.10 million sq km.
“A Penguin’s World” is a new title by the publishing house Design In Nature who specialize in aspects of nature and the environment, especially that of the Falkland Islands. This book portrays those amazing birds, penguins, a species, which are a feature of the Falklands and where they breed in large numbers.