Mexico’s presidential front-runner wants state oil monopoly Petroleos Mexicanos (Pemex) to emulate the success of Brazil’s Petrobras and ramp up private-sector involvement that could possibly pave the way for a stock listing in the future.
US and Brazil plan to boost trade and cooperation in their respective national drinks, cachaça (distilled sugar cane liquor used to make caipirihna cocktails, and Tennessee whisky. The letter of intent was signed Monday by US Trade Representative Ron Kirk and Brazil’s Trade Minister Fernando Pimentel.
US Boeing and Brazil’s Embraer signed an agreement Monday to work cooperatively on aircraft safety, operational efficiency and manufacturing productivity.
Argentina’s government controlled Aircraft Factory, Fadea, plans a production of 100 Pampa II training and combat aircraft at its plant in Cordoba in association with the German company Grob Aircraft AG, it was announced.