Energy corporations will invest 133 billion US dollars in the next ten years looking for oil and gas in Brazil according to a release from the country's Ministry of Mines and Energy.
United States core inflation fell below 2% for the first time in three years after a modest increase in prices last month, according to new government figures.
The White House has urged Congress to renew President George W Bush's ability to agree trade deals without Congress interference. Its comments come ahead of a 30 June deadline that ends Congress' current inability to seek to amend any global trade deals that the President agrees.
China's main stock exchange index dropped 2% Friday, making June the worst month since May 2005. Fears that the government might announce measure to soak liquidity are behind the collapse.
The main ethanol lobby in United States, Renewable Fuels Association, RFA, said that the growing demand for renewable fuel based on corn is not responsible for the recent increase in milk and dairy products worldwide.
The Falkland Islands Government will be exhibiting at the Royal Show at Stoneleigh Park in Warwickshire from 1 — 4 July. In the 25th anniversary of the South Atlantic conflict visitors to the show will be able to find out how the Falklands has developed since 1982 into a dynamic UK Overseas Territory which is diversifying its rural economy to achieve sustainable development.
Fearing inflation will fail to moderate as expected, the United States Federal Reserve, following two days meeting, left its main interest rate unchanged, for the eighth time running at 5.25
The global 2007-08 soybean harvest is likely to fall by eight million tons on the season to 227.61 million tons, according to forecasts from Hamburg-based oilseeds analysts Oil World.
This would be below the 2007/08 global forecast consumption of 237.90 million tons, up from an estimated 227.36 million tons in 2006-07.
Chile?s Free Competition Tribunal, TDLC, fined Lan Airlines and Lan Cargo the equivalent of 128.000 US dollars each for non competition practices in the transport of international cargo to Punta Arenas, where both companies have a dominant situation, according to the ruling.
In all Argentine cities with a local index measuring the evolution of retail prices, inflation last May was double that registered in the capital Buenos Aires, reported Monday the National Statistics and Census Office, Indec.