South American Real Estate News
/ Month / February

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 a friend’s trip on a last minute whim. I was happy I did. I quickly realized that the country that brought us tango had a lot more to offer, especially…

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 the whole world. And it is most visited as well. Hence Rio is dubbed the Carnival Capital of the Globe. Where should I stay in Rio? Try to stay in Southern Rio (the…

Rodinia Lithium to start production in Argentina

With news of the drilling of its first production well, 2012 looks set to be a busy one for Rodinia Lithium (CVE:RM), the development-stage Canadian mineral exploration company focused on lithium assets in North America and Argentina and Nevada, USA. By Joyanta Acharjee The lithium explorer has interests in four salars – salt deposits – in Argentina. The key salar property is Diablillos, where the company holds 100 percent of the extraction rights for this lithium-potash-boron project in Salta province.…

South America: Canada’s forgotten continent

For years, merchants in Nova Scotia traded salt fish, lumber and potatoes for Jamaican rum and molasses. But they needed a place to barter their goods and so, in 1889, Bank of Nova Scotia opened an agency in Kingston. It was the first foray for a Canadian bank beyond Canada, the U.S. and the U.K. Next came a branch in Cuba in 1906, Puerto Rico in 1910, the Dominican Republic in 1920 and, to serve the livestock and agricultural industries, a presence in Chihuahua, Mexico, in 1934. More recently, Canada’s third-largest…

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 Year. According to the winery – which is based in Messi’s home province of Mendoza – the project will be carried out in cooperation with the Leo Messi Foundation, with…

‘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 Council of Societies of Industrial Design (ICSID) to honor projects that use industrial design to make a positive impact on our social, economic, cultural, or environmental quality…

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 the areas of energy, transportation and telecommunications have seen the greatest recent growth, with estimates ranging as high as $450 billion, to be spent…

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 for 2011. Total loans during the year were up 4% as Banco Santander SA boosted business in Latin America that helped buffer decreasing European operations. Europe’s largest bank by…