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Lionel Messi enters the Argentine wine industry business

Football superstar Lionel Messi is to become the latest sportsman to enter the wine industry after Argentinian winery Bodega Valentin Bianchi announced it is to launch a new wine bearing his name. The wine will be called “Leo” after the Barcelona and Argentina star and it has the full backing of the three-time FIFA World Player of the…

‘Un Techo Para Chile’ is finalist for the World Design Impact Prize

‘Un Techo Para Chile’ is finalist for the World Design Impact Prize When design brilliance comes together with social responsibility, great things can happen – and the lives of the poor or disadvantaged can get just that little bit easier. This is the ethos behind the new World Design Impact Prize, created by the International…

Warren Buffett prefers Farm Land to buying Gold. You should too.

Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce — gold’s price as I write this — its value would be about $9.6 trillion. Call this…

Latin America’s infrastructure grows fast

Latin America’s has long been considered a laggard in terms of global infrastructure development, but that perception should be changing. Countries such as Brazil, Mexico, Chile, Peru, and Puerto Rico have all begun major long-term infrastructure projects ranging from roads to dams to telecommunications towers to airports. Infrastructure development in…

Europe’s largest bank profits boosted by its operations in Latin America

Spain’s Banco Santander said that 2011 net profits reveal the growing importance of its Latin America operations which contributed with 51% of the bulk. Last year net profits totalled 5.4 billion Euros, down from 8.2 billion Euros in 2010. The growing importance of Latin America was evident in the bank’s loan book during…

Behind an expat’s wine startup success in Argentina

Vines of Mendoza managed to overcome the pangs of the global financial crisis and Argentina’s inflation woes by keeping a close eye on costs and cutting deals whenever possible. By Ian Mount @Fortune Language and cultural differences make it hard to be an expat entrepreneur under any circumstances. It’s doubly hard if the main market for your product plunges into a wrenching economic…