The Puebla Group has launched an appeal for the reindustrialization of Latin America to counter the region's dependence on global inputs and imports.
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.
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.
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.
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.”
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.
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.
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.
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.
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.”