Stories for December 27th 2010

Monday, December 27th 2010 - 09:07 UTC
Drought stricken-Uruguay praises Argentina’s “formidable gesture”

President Jose Mujica described as a “formidable gesture” the Argentine government’s decision to facilitate the export of grains and fodder to Uruguay which in under an “agriculture emergency” because of a severe drought that threatens much of the cattle to the north of the country.
Monday, December 27th 2010 - 09:02 UTC
Chilean ovine exports poised to set a new record: 50 million USD in 2010

Chilean lamb and mutton exports are expected to total over 50 million US dollars in 2010, the highest ever, according to “Ovine Consortium” in its latest Ovine Indicators publication where it analyzes the industry’s performance and future both domestically and at international level.
Monday, December 27th 2010 - 08:57 UTC
LAN and TAM ready to become Latam’s largest airline

Chile's flag carrier LAN expects its planned merger with Brazil's TAM to clear regulatory hurdles and take flight in mid-2011, a top executive of the Chilean airline said in a radio interview on Friday.
Monday, December 27th 2010 - 08:50 UTC
Bolivia announced plans to invest 1.7 billion in the energy industry next year

Bolivia plans to invest 1.73 billion US dollars in the energy industry in 2011, focusing on gas to ensure adequate production to supply Argentina and Brazil, as well as the domestic market, the head of state-owned oil company YPFB, Carlos Villegas, said.
Monday, December 27th 2010 - 08:46 UTC
European vehicles for the Dakar Argentina-Chile Rally undergo inspection

The Grande Brasile has arrived at Delta Rock, where the European vehicles participating in the 2011 Dakar Argentina-Chile Rally were unloaded during the night.
Monday, December 27th 2010 - 08:28 UTC
Iguazu Falls will complete a record year of visitors

Over a million tourists (1.064.731) had visited until Christmas Argentina’s Iguazu Falls national park, a number which should reach 1.2 million when the 2010 calendar year is completed according to Iguazu Argentina that have the park’s concession.
Monday, December 27th 2010 - 08:20 UTC
Chilean Senate drafts bill to combat illegal fishing in Antarctic convergence area

The Chilean Senate Committee on Fisheries approved the project that modifies the Fisheries Law and severe establishes penalties for illegal catches in the Antarctic convergence area. The next step is a vote on the floor that seems secured given the committee’s outcome.
Monday, December 27th 2010 - 08:15 UTC
Seafood delicacy with over 10.000 years of history, Chilean abalone

A 19-year investigation by two Chilean researchers confirms that Chilean abalone, known locally as “locos,” have been a staple in the diet for people living near the coasts in this part of the world for at least the past 10,400 years.
Monday, December 27th 2010 - 08:02 UTC
China raises interest rate determined to contain inflation, credit and property prices

China’s central bank raised interest rates for the second time in less than three months as authorities ramp up efforts to curb borrowing, rein in property prices and tame inflation.
Monday, December 27th 2010 - 07:55 UTC
South Africa invited to join the BRIC group of emerging markets

South Africa has been formally asked to join the BRIC group of major emerging markets, comprising Brazil, Russia, India and China, according to a statement on the web from China’s Foreign Affairs minister Yang Jiechi.