Investments

• Saturday, July 28th 2012 - 00:10 UTC

  Russia investing heavily in becoming self sufficient in beef production

  

  Russian President Vladimir Putin has an ambitious plan to cut his country's 3 billion dollars annual import bill for beef. He even aspires to return Russia's beef industry to its pre-revolutionary stature.

• Wednesday, July 25th 2012 - 06:36 UTC

  Argentina is making few friends in the oil and gas industry these days

  

  Interview with Sam Logan (*) Angering Spain by seizing and nationalizing a majority of Repsol's shares in YPF and ramping up the rhetoric over the Falkland Islands as exploration deals promise to make the territory a major oil player overnight, Argentina is making few friends in the fossil fuels industry these days.

• Tuesday, July 24th 2012 - 20:57 UTC

  Chavez in a veiled threat tells Spain’s Repsol to seek agreement with Argentina

  

  Venezuelan President Hugo Chavez advised Repsol to seek a friendly agreement in its dispute with Argentina and noted that the Spanish energy company held important assets in his country.

• Tuesday, July 24th 2012 - 06:26 UTC

  Euro down to lowest in 11 years as Spain crumbles and investors flee

  

  The Euro weakened to the lowest in more than 11 years against the Yen as investors sought safer assets amid mounting concern that European leaders are failing to control the region’s debt crisis.

• Tuesday, July 24th 2012 - 06:18 UTC

  Brazil prepares new stimuli measures geared to infrastructure and manufacturing

  

  Brazil's government may ease its primary surplus target next year to create room to carry out additional tax cuts to boost growth, Folha de S. Paulo newspaper reported Monday.

• Monday, July 23rd 2012 - 20:02 UTC

  Sao Paulo benefits from Argentina’s lack of “legal and economic security”

  

  The President of Investe São Paulo -the gateway for companies that intend to settle their operations in the Brazilian state- referred to the ongoing foreign investment boom in the neighbouring country is due in part to the “lack of both legal and economic security that Argentina and its government have.”

• Monday, July 23rd 2012 - 09:09 UTC

  Brazil moves into Ghana with 96million dollars loan for small farmers

  

  Ambassador to Ghana, Irene Vida Gala announced that Brazil has plans to make available a 96-million-dollar loan facility to boost small-scale and rural farming in Ghana to help increase food production and subsequently improve the country’s bread basket.

• Saturday, July 21st 2012 - 07:17 UTC

  YPF building credibility buys back 79 million dollars in 2028 bonds

  

  Argentina's nationalized oil and gas company YPF said on Friday it had bought back 79 million dollars in 2028 bonds that it was obliged to repurchase in the case of a state takeover.

• Saturday, July 21st 2012 - 06:59 UTC

  Bolivia raids the offices of India’s Jindal alleging “breach of contract”

  

  Bolivian prosecutors with the support from police and military forces on Friday raided the offices of India’s Jindal in La Paz as part of an investigation for an alleged “breach of contract” following the company’s confirmation it was abandoning the huge iron-ore mining project of El Mutún.

• Saturday, July 21st 2012 - 06:16 UTC

  Chinese electric-battery buses for Uruguay; the first arrive at end of 2012

  

  China’ BYD has inked another strategic deal for its electric bus products, this time in Uruguay with one of the country’s leading tourism companies. The agreement was witnessed by Uruguay’s president Jose Mujica.