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…
Rabobank predicts Argentina will emerge as a new global powerhouse in the poultry industry
Experts at Rabobank have predicted a boost in the Argentine poultry meat exports driven by access to low-cost feed and high-quality production facilities. The country is a “natural candidate” for poultry production because it was a large producer of grains and protein crops such as corn and soybeans, giving poultry producers access to competitively priced feed, the agricultural lender said in a new report. Although Argentina was primarily associated with beef consumption, its domestic poultry sector had…
Argentina opens In Patagonia its largest wind farm
Located almost 1.500 kilometres south of Buenos Aires in windy Patagonia, the Rawson Aeolic Park so far has 27 Danish built turbines, with a 50MW capacity and another 16 to be installed in the first half of next year will total the 80MW with an overall investment of 144 million dollars. “Diversifying the Argentine energy grid is a strategic mid and long term task for Argentina”, said President Cristina Fernandez during the opening ceremony. The Rawson experience will be complemented with…
Unasur forecasts South America’s decade
A new global order is emerging as a result of the world crisis and recession in developed countries and Latin America has a crucial role to play given its very satisfactory economic performance in recent years, said Unasur Secretary General Maria Emma Mejia. Meeting in Madrid for the tenth anniversary of the Spanish foreign affairs think-tank Royal Institute Elcano, Ms Mejia together with other world experts and politicians were invited to discuss the international crisis, the emergence of new powers…
Chile – Argentina Tunnel has Japanese Interest as Gateway to China
Japan also has an interest in the New Black Water Tunnel joining Chile and Argentina The powerful Japanese multinational Mitsubishi Corporation has been added to the list of interested parties to participate in the construction of the New Tunnel called Agua Negra informing the Argentine Foreign Ministry which has now ratified a number of new agreements with Japan . In his brief stay in Japan, Foreign Minister, Hector Timerman, met in Tokyo with Mikio Sasaki, one of the top executives of Mitsubishi Corporation…
Investment funds around the world seeking farmland in response to food price hikes
For decades, the world was often swimming in surplus food because farmers were so productive. But rising demand has caught up, and reserves have become so tight that global food markets are vulnerable to even minor shocks. Many analysts say that higher, more volatile prices may be here to stay. The new dynamic reflects in part the rising demand for commodities in developing countries such as China, India and Russia. By 2050, the U.N. Food and Agricultural Organization projects that world food production will…
Argentine winemakers set sights on Asian markets
Winemakers in Mendoza, where prized Malbec vines grow beneath Andean peaks, celebrated the end of grape-picking this month with a traditional parade of harvest queens and floats laden with flowers. But with festivities over for another year, Argentine vineyards have turned their attention to capturing relatively new Asian markets where burgeoning middle-classes are rapidly acquiring a taste for wine. “Today China consumes less than a liter of wine per person per year,” said Cristina Brachetta, director…
