Stories for 2010

Saturday, September 4th 2010 - 05:01 UTC
Brazilian economy slows down but still expands at annualized 8.9%

Brazil's economy grew 8.8% in the second quarter compared to the same period a year earlier due to strong domestic investment. The government statistics agency IBGE said Friday that capital spending spiked 26.5% in the April-June period compared to the same period last year.
Saturday, September 4th 2010 - 05:00 UTC
Argentina’s car industry booming could reach 700.000 units in 2010

Argentina’s August 2010 car output reached 72,967 units, which resulted in a 52.6% rise regarding the same month of last year; sales to dealers totalled 61,599 units, or 44.8% more than in August 2009; and exports amounted to 42,526 units, representing a 45.6% year-on growth, according to the Argentine Automakers Association (ADEFA).
Saturday, September 4th 2010 - 04:51 UTC
International tourists arrivals up 7% in half year; Asia and Middle East lead

The first six months of 2010 saw international tourist arrivals grow by 7% according to the August Interim Update of the UNWTO World Tourism Barometer. This result confirms the recovery trend beginning in the last quarter of 2009 and is expected to continue in the second half of the year at a somewhat more moderate rate but with Asia and Middle East continuing to lead.
Saturday, September 4th 2010 - 04:44 UTC
“Faster than anticipated recovery” for air passenger and cargo traffic says IATA

Demand for international passenger and cargo traffic increased 9.2% and 22.7% respectively in July compared to the same month a year ago, according to the International Air Transport Association (IATA). The year-on-year comparisons for July were less than the June growth data showing 11.6% and 26.6% increases respectively.
Friday, September 3rd 2010 - 14:27 UTC
Humpback whales in Chilean sanctuaries to be tracked with GPS

Starting December, scientists from Chile’s Biomar Foundation will use GPS (Global Positioning System) to follow the movements of humpback whales in protected marine area Francisco Coloane, in the Magellan Strait. The whales are to be monitored for 12 months.
Friday, September 3rd 2010 - 13:04 UTC
Falkland Islands: Oil activities still remain encouraging

THE offshore oil drilling rig Ocean Guardian continues its work at Rockhopper Exploration’s Sea Lion well, where hydrocarbons were encountered earlier this year. The well at that time was suspended for re-entry and testing.
Friday, September 3rd 2010 - 05:28 UTC
In spite of the boom in exports, Latam’s decade report is far from encouraging

Latin American and Caribbean exports are forecasted to grow 21.4% this year propped mainly by South American commodities according to the latest report from the United Nations Economic Commission for Latin America and the Caribbean, Cepal. However the overall balance of the last ten years is negative compared to the nineties and looks closer to the eighties.
Friday, September 3rd 2010 - 05:26 UTC
Budget days: Uruguay GDP forecasted to expand 30% in five years

It’s budget time in Uruguay and the government has presented to Congress its revenue and expenditure estimates (821 articles) based on a five-year forecast for the economy, which private analyst consider too rosy.
Friday, September 3rd 2010 - 05:20 UTC
Peru and Xstrata sign 4.2 billion USD deal to develop copper mine

Switzerland's Xstrata mining group and the Peruvian government Thursday signed a 4.2-billion-dollar deal to develop a copper mine in the southeastern Peru of the country, said President Alan Garcia.
Friday, September 3rd 2010 - 05:18 UTC
Uruguayan exports in eight months reach 4.4 billion US dollars

Uruguayan exports in the first eight months of 2010 reached 4.475 billion US dollars which is 22% higher than the same period of last year, according to official data released this week.