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Russian companies invest big in Brazil

Russian companies are making strong inroads into Brazil, a fellow top-league developing economy that has long lain out of its range of interest. Both countries are members of BRIC — a group that also includes such longtime Russian partners as China and India — which held a maiden summit of its leaders in 2009. “That BRIC forum was a powerful factor to make relations more dynamic” with Brazil, said Sergei Vasilyev, chairman of the Russian-Brazil Business Council. Russia – Brazil Ties Three…

A new Hilton in Argentina

Hilton Worldwide announced the signing of a management agreement with HH Developments to operate a Hilton Garden Inn hotel in Santa Fe – the capital city of the province of Santa Fe, Argentina. The new-build Hilton Garden Inn Santa Fe, expected to open at the end of 2013, represents the brand’s second development project in Argentina, following the recent announcement of the Hilton Garden Inn Zarate project – a management agreement with the same ownership group. “We couldn’t be happier to announce…

Argentina, Chile and Uruguay with highest human development index in Latam

Argentina, Chile and Uruguay have the highest standards of living in Latin America according the latest report from the United Nations Human Development Index (HDI). Worldwide out of 187 countries Chile ranks 44, Argentina, 45 and Uruguay 48. The HDI is calculated from a set of indicators including literacy rates, years of schooling, life expectancy and per capita income. On a scale from zero to one Uruguay’s HDI was 0.783 this year which means it has sustainedly advanced in the last few decades improving…

Blueberries from Chile to set new exports record

The latest Blueberries crop report shows the Chilean harvest beginning to progress as spring tilts toward summer in the Southern Hemisphere. Cool weather conditions had early-season export numbers behind projections, but all signs now point to a robust harvest and export market, as the season ramps up. Peak production and export of Chilean blueberries takes place in December, January and February. According to the Chilean Blueberry Committee, production will continue to increase in future years, as Chile adds…

The brakes put on Brazilian Land Prices

The brakes put on Brazilian Land Prices An update on rural land prices in Brazil from Stuart Donald The current lack of definition over the foreign land investment laws in Brazilin land has put the brakes on strong rises in the prices of rural land in 2011. In some regions prices for larger areas have stagnated and even dropped. One land agent believes prices have dropped from the previous year in the region of Ribeirão Preto by 16%, Cascavel by 14%, Pouso Alegre (MG) by 12% and in Luis Eduardo Magalhães…

Argentina among top world exporters of chicken meat

Argentina among top world exporters of chicken meat Argentina is currently ranked among the world’s top six exporters of chicken meat (breast and legs) while in beef has dropped to position nine, according to the latest data from the US Department of Agriculture, USDA. Chicken meat exports expected to reach 200.000 tons in 2011 Chicken meat exports expected to reach 200.000 tons in 2011 This is partly attributed to the fact that in four years the Argentine rodeo dropped dramatically by 20%, while broiler…