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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 expected to enter the nimbus territory of the top five, the in-circle, where it’ll be one of the select crew. Except it won’t just be one of the…

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 as well as attracted by the opportunities related to the coming World Cup and Olympic Games and the development of the major offshore oilfields–there’s…

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 Report, issued by the United Nations Conference on Trade and Development (UNCTAD, August 2011), FDI inflows to Latin America’s largest economy in 2010…

“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 hotels across Brazil have already signed up to be given the new classification, which is typically associated with properties accommodating up to 60 guests and providing…

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. The two worlds may meet in 2014 as one of South America’s biggest chemical companies hopes to show the way forward with its eco stadium solutions. “What…

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 grade, with a positive outlook. If upgraded, the country would join bigger peers such as Brazil, Colombia and Peru, which have won coveted investment grade ratings in recent years.…

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”…

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 have the capacity to be sent by sea). The only fruit that will never meet this requirement but will always be exported are cherries. The varieties of cherries…

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. Urbanisation dwindled away. The trees became smaller or disappeared and only native vegetation seemed to thrive. I was reminded of my schoolgirl geography lessons…

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 expected for Argentine exports to begin from the southern hemisphere to the world. #adp02 “The markets we wish to export to will be the fruit markets demanding our product…

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…

‘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…
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