Stories for March 2022

Wednesday, March 30th 2022 - 21:26 UTC
Dilma says Latin America needs to take path of reindustrialization

The Puebla Group has launched an appeal for the reindustrialization of Latin America to counter the region's dependence on global inputs and imports.
Wednesday, March 30th 2022 - 09:59 UTC
Cold winter and fuel shortages ahead for Argentina

Argentina is on the world's top short list of countries with the largest reserves of gas, but given its political chaos, rabid nationalism and constant changes to the rules of the game, investors remain shy and Argentina will have to prepare for a cold austral winter and even fuel rationing as it's already happening with diesel, desperately needed to harvest summer crops and prepare the soil for summer sowing.
Wednesday, March 30th 2022 - 09:55 UTC
Brazilian soybean crop down 10m tons from last year's record but processing plants anticipate a good year

Despite a reduction of 10.5 million tons from the original estimate, leaving total production well off the record of 138.8 million tons from 2021, the Brazilian Association of Vegetable Oil Industry did not change its processing forecast for this year, which is projected at 48 million tons with healthy margins in the manufacture of bran and oil.
Wednesday, March 30th 2022 - 09:53 UTC
Gas: Bolivia advised to renegotiate with Brazil and sell more to Argentina

While the Bolivian state-run YPFB is yet to report on any progress regarding payment conditions with Brazil for gas sales or the signing of the sixth addendum to the export contract with Argentina, hydrocarbon analysts have insisted on the need to roundup these negotiations given the current situation stemming from Russia's invasion of Ukraine.
Wednesday, March 30th 2022 - 09:51 UTC
Uruguayan exporters concerned over waning currency exchange

The Uruguayan Exporters Union (UEU) Tuesday expressed its concern through a statement in light of a waning exchange rate between the local peso and the US dollar, which has reached its nadir for the past two years, thus adding to the “uncertainty” and “volatility in international markets.”
Wednesday, March 30th 2022 - 09:50 UTC
Fertilizers from Iran and expanding the wheat area, priorities of Brazil's agricultural year

Brazilian fertilizer stocks amount to at least 13 million tons, including the inputs that have been already internalized and the ones that have been ordered. The statement comes from David Roquetti Filho, a former board member of ANDA, Brazil's National Association for Fertilizer Diffusion, and currently an independent business consultant.
Wednesday, March 30th 2022 - 09:48 UTC
Falklands lawmaker meets Shadow ministers and attends CPA conference

Falkland Islands lawmaker MLA Leona Roberts, currently in UK where she attended the Commonwealth Parliamentary Association (CPA) British Islands and Mediterranean (BIM) conference, on Tuesday was in London to meet with shadow ministers.
Wednesday, March 30th 2022 - 09:47 UTC
Presidential aircraft performs shocking stunt on approach at Buenos Aires airport

Video footage of Argentina's Air Force T-04 Boeing 737-500 landing at Buenos Aires' Aeroparque in a quite unorthodox style went viral Tuesday on Youtube. The aircraft is a part of the Presidential fleet.
Wednesday, March 30th 2022 - 09:46 UTC
Freedom of navigation part of new Arctic strategy, announces UK defense secretary

UK will maintain a Royal Navy presence periodically in the High North, as part of plans announced by Defense Secretary in Norway. The Defense Secretary has announced plans to ensure freedom of navigation and protect critical underwater infrastructure in the Arctic as part of a new strategy in the region.
Wednesday, March 30th 2022 - 09:45 UTC
China to help Argentina finance imports, ambassador says

China's Ambassador to Buenos Aires Tuesday said in an interview published by the local newspaper Ámbito that his country was willing to “promote financial support to Argentina for the payment of imports.”