South American Real Estate News
/ Month / August

Shale oil and natural gas to be developed in Argentina’s Neuquen basin

Exxon Mobil Corp, the largest US oil company, will spend as much as 76.3 million dollars to explore and develop shale oil and natural gas in Argentina with Americas Petrogas Inc. Exxon will gain a 45% stake in Americas Petrogas’s Los Toldos blocks, which cover 163,500 acres in the Neuquen Basin, Calgary-based Americas Petrogas said in a statement Tuesday. Americas Petrogas plans to drill a well in the fourth quarter at its blocks, targeting the unconventional Vaca Muerta formation, which may hold as much…

Tax Changes for Small Businesses in Brazil

 Tax Changes for Small Businesses in Brazil By Helen Trouten Torres Brazil’s Federal program of tax incentives for micro and small businesses, Simples Nacional or Super Simples, is close to raising its threshold to increases the number of participants. The plans were launched last week by President Dilma Rousseff and are expected to be passed quickly through congress. The Super Simples system involves monthly tax and social security payments being collected through a single document thus reducing bureaucracy…

Why is George Soros Selling Gold and Buying Farmland

WHY IS GEORGE SOROS SELLING GOLD AND BUYING FARMLAND? By Mike Adams – August 14, 2011 Food prices are skyrocketing all across the globe, and there’s no end in sight. The United Nations says food inflation is currently at 30% a year, and the fast-eroding value of the dollar is causing food prices to appear even higher (in contrast to a weakening currency). As the dollar drops in value due to runaway money printing at the Federal Reserve, the cost to import foods from other nations looks to double in…

Renewed UK interest in South America

In political terms, apart from the Falkland Islands issue, UK relations with South America have been generally positive and “recent visits from U.K. government representatives hint at a renewed interest in South America”, according to Juliana Bertazzo, an associate at the London School of Economics and an associate fellow at the Institute for the Study of the Americas at the University of London. “The most significant recent event is a new rapprochement between the UK and individual South American countries…

Weighing The Pros And Cons Of Setting Up Your Business In Brazil

By Brian Warren | articlesnatch.com Brazil brings to mind the images of soccer or the Amazon or the carnival. Although a small fraction, it is indeed a part of what makes Brazil. It is the largest country in South America in land mass and population, and shares borders with ten neighboring nations. Being rich and diverse in natural resources, it is a fascinating country with full of opportunities to be developed. Brazil is one of the great socioeconomic paradoxes, and although it resides comfortably at number…

Chile among ten countries with lowest default risk

In the Sovereign Risk Index 2011 published by the BlackRock Investment Institute, Chile ranked ahead of all other emerging and Latin American economies. Positioned among the ten countries with the lowest default risk, it also ranked close to Norway, Sweden and Switzerland, the world leaders in financial responsibility. “While most countries have a burden of net debt, [Chile] has good fiscal space, with assets that exceed its net debt and a surplus equivalent to 11% of GDP,” noted Garth Flannery, one of…

Farmland Investments Overview

With stock markets gyrating wildly and bonds offering little reward, investors are pouring billions into farms; you can’t eat gold Perry Vieth baled hay on a neighbor’s farm in Wisconsin for two summers during high school in 1972 and 1973. The grueling labor left him with no doubt about getting a college degree so that he’d never have to work as hard again for a paycheck. Thirty-eight years later, and after a career as a securities lawyer and fixed-income trader, Vieth is back on the farm.…

Brazil’s dairy sector seeks a comeback

Source: U.S. Dairy Export Council (USDEC) In 2008, Brazil looked well on its way to becoming a significant player on the world dairy market. Export volumes had more than doubled over a two-year stretch to 1.1 million tons. The country posted a record dairy trade surplus (more than 630,000 tons) when only six years earlier it had run a 1-million-ton deficit. The Innovation Center for U.S. Dairy in its 2009 Global­ization Report called out Brazil as one of a handful of emerging nations that could eventually…

Brazil´s Soy Boom drives an expansion of the railway networks

Despite challenges like high interest rates and high household electricity tariffs, the Brazilian economy has been growing at the highest rates seen in decades. Another problem that, although it has not stood in the way of growth, must be overcome is the costly use of roads for transporting farm products – an issue that is being addressed by the expansion of railway networks. Driving the 215 kilometres between Cuiaba and Rondonopolis, in the west-central state of Mato Grosso, is an exercise in patience.…

Mitsubishi Corporation will participate in desalinated water to the Chilean mining industry

Mitsubishi Corporation, through Cleanairtech Sudamerica S.A. (CAT), which is a company jointly operated with CAP, will provide desalinated water to Cerro Negro Norte Iron Ore Mine from 2013 for approximately 20years. The water will be supplied through a pipeline from a newly constructed desalination plant in the Copiapo region, located south of the Atacama Desert. The project cost is 180 Million USD, which will be one-third financed by equity and two-thirds by loans. In parts of north of Chile, the shortage…

Brazil’s Congress And Foreign Land Ownership

Brazil’s Congress And Foreign Land Ownership By Alastair Stewart | dtnprogressivefarmer.com It’s been nearly a year since the Brazilian government imposed restrictions on large land purchases by foreigners, bringing an abrupt halt to wave of international investment in rural real estate. Farm lobbyists claim that the decision to enforce a long-standing law restricting foreign land ownership to 620 acres to 12,350 acres, depending on the location, caused investments of $15 billion to be suspended.…

Key political risks in Argentina

Key political risks in Argentina President Cristina Fernandez is seeking re-election and polls show she could take victory in the first round on Oct. 23, helped by brisk economic growth and a splintered opposition. But recent regional elections have gone worse than expected for the government, leading many to wonder if Fernandez’s re-election is still a sure thing. The 58-year-old leader vows to deepen the leftist policies that have infuriated many business leaders and farmers in Argentina, Latin America’s…

Brazil Sets New Record in the Adoption of Transgenic Crops

August 2011 | PRNewswire The area in Brazil planted with transgenic crops is now growing at a faster pace than the growth of the entire planted area for crops of soybeans, corn and cotton – the three crops with genetically modified varieties that have been approved, as indicated by the 1st review of the adoption of biotechnology in the 2011/12 harvest, conducted by the consulting firm Celeres. The area planted with transgenic soybeans for the next harvest will be 13.4% greater than it was in the 2010/11…