Investments

• Saturday, November 2nd 2013 - 15:41 UTC

  “From the ”Labyrinth of Solitude“ to a ”Network of Partnerships”, the new story of Mexico

  

  By R. Viswanathan (*) Octavio Paz, the celebrated Mexican writer who was Ambassador to India in the sixties, wrote in his book “The Labyrinth of Solitude“ that the ”Mexican is always remote from the world and other people”. This was his conclusion after an in-depth analysis of the character and identity of the Mexicans who have inherited a mix of Aztec and Mayan Indian traditions and European culture and have been influenced overwhelmingly by the culture of US.

• Friday, November 1st 2013 - 21:29 UTC

  Risks to public health from fracking for shale gas are low, says UK government

  

  The risks to public health from fracking for shale gas are low, according to a new official report. Any problems publicized so far - such as in the US - are the result of operational failure or poor regulation according to a study, by Public Health England, an agency of the Department of Health, reviewed the latest research.

• Friday, November 1st 2013 - 05:49 UTC

  Falklands' electoral debate suggests alternative air-link and better facilities for tourism

  

  An alternative north-south air-link and better facilities for tourism development surfaced at the Falkland Islands candidates debate ahead of 7 November General Election during the FIRS/Penguin News press conference earlier this week.

• Thursday, October 31st 2013 - 06:35 UTC

  IDB approves 300 million dollars loan for north Argentina road network

  

  The Inter-American Development Bank (IDB) has approved a 300 million dollars loan to finance a multiple-work road program aimed at improving the conditions of accessibility, efficiency, and safety of priority roads of Argentina’s Norte Grande Region’s provincial road network and at contributing to the area’s sustainable economic development.

• Thursday, October 31st 2013 - 04:05 UTC

  Shell aggressively quickening offshore oil exploration pace in Uruguay

  

  Oil exploration in Uruguay picked up strongly with the arrival of Anglo-Dutch Shell which took over Brazil's Petrobras participation in two offshore blocs according to the country's oil company Ancap Exploration and Production manager Hector de Santa Ana.

• Wednesday, October 30th 2013 - 21:26 UTC

  Cartes and Rousseff confirm Mercosur with inauguration of 500 KW power plant and transmission line

  

  Paraguayan president Horacio Cartes and his peer from Brazil Dilma Rousseff inaugurated on Tuesday a 500KW power plant and line from the Itaipú hydroelectric dam to the city of Asunción which should help end endemic blackouts and supply a new industrial park.

• Wednesday, October 30th 2013 - 07:13 UTC

  Turkey opens railway tunnel linking the Asian and European continents

  

  A railway tunnel underneath the Bosphorus Strait has been opened in Turkey, creating a new link between the Asian and European shores of Istanbul. The Marmaray tunnel is the world's first connecting two continents, and is designed to withstand earthquakes.

• Wednesday, October 30th 2013 - 06:57 UTC

  Petrobras negotiating sale of assets in Peru to Chinese company for 2bn dollars

  

  China National Petroleum Corp., the country’s largest oil producer, is nearing an agreement to buy Petrobras assets in Peru for more than 2 billion dollars. The proposed deal may be announced as soon as next month, according to sources quoted by Bloomberg.

• Monday, October 28th 2013 - 20:30 UTC

  Cartes and Rousseff to open vital supply power line for Paraguay's capital built with Mercosur funds

  

  Brazilian president Dilma Rousseff will inaugurate on Tuesday in Paraguay next to his peer Horacio Cartes a high voltage transmission line from the world's largest operational hydroelectric dam Itaipú to metropolitan Asuncion, capital of the landlocked country and which was financed with Mercosur funds.

• Saturday, October 26th 2013 - 04:59 UTC

  Paraguay will lead Mercosur trade negotiations with the EU next December

  

  The Paraguayan foreign affairs ministry will represent Mercosur next December when the exchange of proposals with the European Union for a long pending free trade agreement, announced Uruguayan president Jose Mujica on Friday following private talks with his visiting peer from Paraguay, Horacio Cartes.