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Brazil to be fifth largest economy by 2015

And on it marches, towards prosperity and power, Brazil, the modern-day phenomena. Towards the end of last year, it was revealed that the South American country was on the precipice of overtaking the UK and establishing itself as the world’s sixth largest economy. It happened. It is the case. But, not satisfied with that breakthrough, Brazil is now…

Brazil To Attract Capital Over 8 Years -Itau

Brazil to attract more private-sector investments over the next eight years, compensating in part for lack of domestic savings, but there’s unlikely to be a major appreciation of the Brazilian currency, according to economists at Brazil’s Itau Unibanco Holdings SA (ITUB, ITUB4.BR). As capital flows into Brazil–seeking investment opportunities…

Brazil prospers from global interest

Brazil outpaced Britain as the world’s sixth largest economy last year, partly owing to a rise in foreign direct investment, particularly in services and especially by America and Spain. The growing importance of Brazil can be reflected by how far the country has advanced in attracting foreign direct investment (FDI). According to the latest World Investment…

“Boutique hotels” added to Brazil’s accommodation rating scheme

Travellers looking for hotels in Brazil can now search for properties with a ’boutique’ rating following the addition of the classification to the country’s accommodation rating system. ‘Boutique’ is the seventh category to be added to the scheme, joining other groups such as resorts and apartments. Thirty-five…

Can ‘sugar seats’ bring sweet taste of success to Brazil?

Can ‘sugar seats’ bring sweet taste of success to Brazil? Football fans could find themselves sitting in seats made from sugar when Brazil hosts the FIFA World Cup for the first time in 64 years. Brazil has long led the way when it comes to soccer skills, and the country has also shown considerable innovation in developing new technologies.…

Uruguay to be next investment grade country from Moody’s rating

Uruguay is likely to be the next Latin American country to win an investment grade rating from Moody’s Investors Service, with a review likely late this year, a senior officer from the ratings agency said on Sunday. Moody’s rates Uruguay’s long-term sovereign foreign currency credit at Ba1, one notch below investment…

Argentina’s Olive Oil Production Expected to Double By 2020

Industry analysts have announced that olive oil is now the country’s fastest-growing agricultural commodity and expect production to double in size by 2020, according to the Agri-Food and Agribusiness Strategic Plan of Argentina’s Ministry of Agriculture, Livestock and Fisheries. Rapid growth and improved technology in recent years…

Gauchezco Vineyard & Winery “Double Gold” – 2012 Argentina Wine Awards

The Argentina Wine Awards, the annual wine contest conducted by Wines of Argentina and Coviar, lets the world know about the best Argentine wines. In its 2012 edition, 734 samples were submitted.The 6th edition of the most important international contest for Argentina’s wine industry has ended. There, 12 international judges -all…

The ever changing Chilean Export Fruit Market

Since 1960, there are records of Chile, as an exporter of  Chilean Export Fruit  . Since then, every year there have been new varieties of fruits, of which not all are suitable for export. In Chile, for a variety of fruit to be considered suitable for export, it must have a life of postharvest of 5 degrees Celsius for 25 days (in other words, it must…

Is the commodity supercycle finished or just getting started ?

Is the commodity supercycle finished or just getting started ? The new Global world can be a confusing place at the best of  times when trying to forecast where we are heading economically. I have enclosed expert opinions to make my point. A new report by Credit Suisse has suggested the commodity supercycle is over.The report suggests…

Paraguay’s soy boom: a blessing or a curse?

Paraguay’s  is not often highlighted for its economic achievements. Yet after 20 years of stagnation at the end of the 20th century, the landlocked country has enjoyed almost a decade of economic growth, and in 2010, GDP expanded by 15%, the fastest rate in Latin America. by Guillermo D’Angelo @argentinaindependent.com Driving this impressive expansion…

Argentina-A visiting New Zealand Farmers view

by Jan Wills Secretary General of World Hereford Council. “I Travelled to Esquel in the Chubut area of Patagonia by bus from Bariloche. At the beginning of the five-hour journey I was surprised how similar the mountains and lakes were to many areas in New Zealand and in particular Queenstown in the South Island. Gradually the scenery changed.…

Argentina: Tika Group works towards exporting Pomegranate

1,000 hectares planted this year with 1,000 more next year Tika Group has began pomegranate production in Argentina, on a medium to large scale. Already 1,000 hectares of pomegranate have been planted. In 2012 between the end of February, March and April, where most of the production occurs, farms will be in their prime; and in 2013 it is…

Malbecs from Argentina: a dream of spring

Malbecs from Argentina: a dream of spring Fifty degrees in February and I can’t help but think that it’s already summer in parts of the world right now, like Argentina. My Mediterranean genes are yearning for some Vitamin D… and some good wine. By Demetra Balodimas @Metro&Vine I fell in love with Argentina a few years back when I tagged along on…

Rio de Janeiro Carnival – Now on – Bigger than ever

When is Carnival? 2012 Rio de Janeiro Carnival  starts on Saturday, February 18th and ends on Fat Tuesday, February 21. For other years click here. Which Carnival is the best in Brazil? Carnival in Rio de Janeiro, Olinda and Salvador all clamor for this title. The Carnival in Rio is definitely the biggest and most famous, not just in Brazil but in…