World scientists state that global investments in sustainable agriculture are needed to tackle food insecurity
Nearly one billion people in the world are undernourished, while millions suffer from chronic disease due to excess food consumption. global investments demand is growing for agricultural products and food prices are rising, yet roughly one-third of food produced for human consumption is lost or wasted. Climate change threatens more frequent drought, flooding and pest outbreaks, and the world loses 12 million hectares of agricultural land each year to land degradation. Land clearing and inefficient practices…
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 has positioned Argentina among the world’s top producers of olive oil and table olives. Exports generated over US$30 million in the first trimestre of 2011 alone. The industry…
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 of them top winemakers- assessed Argentine wines where only 70 (less than 10% of the 734 wines) reached a Gold Medal. Gauchezco “Oro” Malbec 2009 and Gauchezco “Plata”…
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…
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.…
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…
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…
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 crisis. And it’s even more difficult if your costs are in a country that suffers incredibly high inflation.…
HSBC has released a report predicting the rise and fall of the world’s economies in the next 40 years.
The global research department of HSBC has released a report predicting the rise and fall of the world’s economies in the next 40 years. The world’s top economy in 2050 will be China, followed by the United States. No surprises there – since China’s reforms in the 1980s, economists have said it’s not a question of if, but when, China’s collective economic might will top the U.S. #adp02 But among the smaller, developing nations, there are several surprises by HSBC prognosticators:But among the smaller,…
The untold story of the Malvinas ( aka Falklands ) war in 1987
Malvinas War – The Untold Story (1987) Five years after the war in the Malvinas between Britain and Argentina, many facts were still wrapped in red tape. Many of the key figures had remained silent. No-one had been to Argentina to tell the other side of the story. For the majority of the British people, the war was another glorious chapter in their history. With flags waving and bands playing, British troops had sailed away to repel the invaders. Patriotic emotions were stirred as they returned victorious.…
Why I’m backing Argentina: top EMD manager reveals all
Pioneer’s leading bond manager Yerlan Syzdykov is backing Argentina to rise as an emerging market bond powerhouse despite it being viewed as a country ‘people love to hate’. Syzdykov, who manages the Pioneer Funds Emerging Markets Bond portfolio, revealed why the South American country is his favoured investment pick despite it still being seen as tainted by its 2002 default. Over the past three years, Syzdykov has returned 103.9% in the emerging bond space, while the fund’s benchmark – the JP Morgan…
Argentina expands railroad network as economy grows
Argentina is expanding its railroad network to cope with increasing demands for its growing export sector plus expectations of a boost in transit trade from landlocked Paraguay and regional commerce. Swedish contractor Skanska is the latest international player in the expansion plans. Skanska said it will build a railway extension from the province of Neuquen to the Port of Bahia Blanca near Buenos Aires in a deal estimated at $134 million. Neuquen city is an important agricultural center irrigated by the Limay…
Indian man becomes ‘farming king’ in Argentina
Indian man becomes ‘farming king’ in Argentina An Indian-origin man in Argentina, who started a peanut farm a few years back, has now grown by leaps and bounds and become an “uncrowned king” of rice, soya and corn plantations in South America. Simmarpal Singh’s company Olam, based in Singapore and run by people of Indian origin, is one of the major rice traders of the world, says R. Viswanathan, India’s ambassador to Argentina, Uruguay and Paraguay. Singh now has an area…
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…
