Even when Brazilian meat and chicken exports are recovering at a slower pace than anticipated, representatives from the industry and market analysts anticipate that overseas sales should retake pre-crisis levels by the end of 2010, if not in price, in volume.
French Polynesia’s flag carrier has signed a deal with the British Defense Ministry to fly military personnel from England to the Falkland Islands in the South Atlantic, according to Radio New Zealand International.
Brazil’s new car sales could rise 10% this year as Latinamerica’s largest economy expands the most since 2007, the country’s dealership federation said on Tuesday. Sales in 2009 increased 11% to 3.14 million units.
Buenos Aires City Mayor Mauricio Macri tossed his hat into the 2011 Argentine presidential ring by saying that it would be a “boyhood dream” to face off against ex-president Néstor Kirchner next year. “We are building a candidacy” he underlined.
Spanish unemployment rose to the highest in more than a decade in December, 19.3%, capping a year that saw the nation’s jobless rate soar to double the Euro- zone average. The number of people registering for unemployment benefits increased by 54,657, or 1.41 percentage points from November to 3.92 million.
Brazil’s Central Bank reserves soared 23.4% in the last twelve months having reached 239 billion US dollars by December 31st, according to the latest data available. Nevertheless the Central Bank points out that this was below the December 2nd record of 239.4 billion USD.
Uruguayan exports dropped 8.71% and imports 17.62% during 2009 in line with the overall global contraction. Only five of Uruguay’s main trade partners received more exports and only five of the country’s main export products showed an increase in US dollar value sales.
Quellón, a small Chiloé Island community in the south of Chile that once was entirely dedicated to the salmon industry, is hoping growing interest in marine tourism will bring the local economy back to life. The bottom fell out of Quellón’s economy last year when the salmon industry went under, leaving half the community out of work.