Investments

Thursday, January 3rd 2008 - 20:00 UTC
Bolivian approval for gigantic iron and steel project

Jindal Steel & Power Ltd., an Indian steel and power producer, secured government approvals from Bolivia for its 2.1 billion US dollars Mutun iron ore and steel project, its largest investment overseas.
Thursday, January 3rd 2008 - 20:00 UTC
Toyota breaks Ford's 75 year lock as US No 2 automaker

Toyota Motor Corp. overtook Ford Motor Co. to become the No. 2 automaker by U.S. sales in 2007, using new products and relentless strategy to break Ford's 75-year lock on the position. General Motors remained the US sales leader with 3.82 million vehicles.
Thursday, December 20th 2007 - 20:00 UTC
S. Korea and Bolivia to develop copper mine in the Andes

South Korea and Bolivia have agreed to jointly develop a copper mine in the Andean highlands estimated to have at least 15 million tons of the natural resource, according to a government release from La Paz and Seoul.
Thursday, December 20th 2007 - 20:00 UTC
Massive expansion of steel industry and iron mining in Brazil

Brazil's second largest steelmaker this week confirmed last September's pledge to invest 9 billion US dollars over the next four years, revealing plans to plow 5.25 billion US dollars into mining, steel and cement projects in Minas Gerais state over the next six years.
Wednesday, December 19th 2007 - 20:00 UTC
UN announces global standards for internet television services

The lead United Nations agency for information and communication technology (ICT) announced Tuesday the first set of global standards for providing television services over the Internet, a move that is expected to fuel innovation and competition in an emerging field.
Monday, December 17th 2007 - 20:00 UTC
Bolivia, Brazil, Chile reach Atlantic-Pacific highway deal

The presidents of Bolivia, Brazil and Chile met here Sunday to clinch a deal for South America's first east-west highway, linking Brazil's Atlantic coast to Chile's Pacific coast via Bolivia.
Monday, December 17th 2007 - 20:00 UTC
Brazil and Argentina successfully launch first joint rocket

Brazil and Argentina have successfully launched a rocket into space in the first joint space mission by the two South American countries. The liftoff had been delayed four times because of weather conditions, reported Andreia Araujo from the Brazilian Space Agency.
Monday, December 17th 2007 - 20:00 UTC
Second pulp mill in Uruguay breaks ground Januay 16

A second pulp mill is to break ground next January 16 in Uruguay, following an agreement reached between the Spanish corporation ENCE and the Uruguayan government, revealed the country's Deputy Housing and Environment minister Jaime Igorra.
Sunday, December 9th 2007 - 20:00 UTC
Chile Patagonia dam project becoming national controversy

Opponents of the so-called Aysén Project, a massive hydroelectric venture planned for extreme south Chile's Region XI, will be mounting a symbolic, nine-day cavalcade later this month.
Sunday, December 9th 2007 - 20:00 UTC
Uruguay joins premier league of world pulp exporters

The first shipment of pulp from Uruguay's Botnia plant left Saturday from the port of Nueva Palmira with final destination Europe. “Swift Arrow” and the Botnia produced 19.000 tons are scheduled to call into two Brazilian ports to complete the cargo.