Fugro NV the world’s largest surveyor of sea-beds and deepwater for the mining and oil industries, said it doesn’t believe it broke the law when it carried out work near the Falkland Islands that has become the subject of an Argentine investigation.
Paraguayan President Fernando Lugo, who has cancer returned home to resume his duties on Wednesday after undergoing emergency treatment in a Brazilian hospital over the weekend. He has a full cabinet meeting planned for Thursday.
The IMF expects the Uruguayan economy to expand strongly this year, 8.5% and 5% in 2011 in a world framework which is experiencing the slow consolidation of recovery but still highly vulnerable.
Uruguay is optimistic about taking a share of the tariff free 20.000 tons of the feed-lot beef quota which the European Union establishes annually. The dossier with all the requested information has been sent to the EU and if finally approved would further boost the Uruguayan cattle and meat industries which are experiencing one of its best moments in history.
Latin America is exiting from the global financial crisis faster than anticipated, and should use the opportunity to boost fiscal savings that can slow inflation and prevent overheating, the IMF said Wednesday.
Excessive pressure on the hammer of the T-130 drill – perforating the so-called “Plan B” escape hole –prompted engineers to stop drilling and change the hammer Monday night at the San José mine in northern Chile, where 33 miners are trapped 700 meters underground.
Chilean state owned oil and gas company Empresa Nacional del Petroleo SA, Enap, discovered a new natural-gas well on the Arenal exploration block on the Tierra del Fuego island in the extreme south Magallanes region, the company said Wednesday.
China's imported auto market continues to flourish with sales of 460,000 in the first seven months of this year. It represents a growth rate of 150% compared with the same period of last year.
The possible approval of genetically modified salmon has led to vigorous dispute in the USA. The recommendation by experts that that further testing should be conducted for the time being was the conclusion of a hearing arranged by the American Food and Drug Administration (FDA) and echoed broadly in the media. The salmon would have been the first genetically modified animal approved for human consumption.
The cultivation of genetically modified plants increased globally in 2009 with the field area rising by nine million hectares over 2008 to a total of 134 million.