Investments

• Saturday, July 21st 2007 - 21:00 UTC

  Lula da Silva promises new airport for Sao Paulo

  Three days after Brazil's worst air accident president Luiz Inacio Lula da Silva addressed the nation and promised that in 90 days he will be announcing the construction of a new airport for the city of Sao Paulo.

• Thursday, July 19th 2007 - 21:00 UTC

  Bolivia signs largest ever mining project with Indian company

  Bolivia signed a 2.1 billion US dollars mining deal with Indian company Jindal Power & Steel Ltd. after more than a year of negotiations for the exploitation of vast iron deposits near the Brazilian border.

• Tuesday, July 10th 2007 - 21:00 UTC

  Uruguay's flag carrier signs contract for 7 midrange Bombardiers

  

  Uruguay' flag carrier PLUNA, recently associated to a private consortium announced a fourth weekly flight Montevideo Madrid and the signing of a contract for the delivery of seven medium-ranges Canadian Bombardiers CRJ900 NextGen, plus the option for another eight.

• Tuesday, July 10th 2007 - 21:00 UTC

  Venezuela/Iran deliver first 300 “anti imperialist” cars

  

  The first 300 units of the so called “anti imperialist automobile”, jointly produced by Venezuela and Iran were delivered this week in Caracas to recent graduates of the Venezuelan Military Academy.

• Saturday, July 7th 2007 - 21:00 UTC

  Panama to start work on Canal expansion

  

  The first bid in a 5.2 billion-dollar project to widen the Panama Canal was issued on Friday to a Panamanian company, officials said.

• Wednesday, July 4th 2007 - 21:00 UTC

  Basic services aid for Rio's slums to help combat crime

  The Brazilian government will spend 1.7 billion dollars to bring running water and other basic services to Rio de Janeiro slums to counter drug gangs that control many of the poor areas, announced President Luiz Inácio Lula da Silva.

• Friday, June 29th 2007 - 21:00 UTC

  Brazil's largest airline purchases 22 Airbus 350 XWB

  

  Brazil's largest air carrier TAM Linhas Aereas signed a memorandum of understanding to buy 22 Airbus A350 XWB jets plus four A330-200s, the European manufacturer announced Friday.

• Monday, June 18th 2007 - 21:00 UTC

  Moscow and London, most expensive cities in the world

  

  Moscow is the world's most expensive city for expatriates for the second consecutive year, according to the latest Cost of Living Survey from Mercer Human Resource Consulting. Asuncion, Paraguay is the least expensive city for the fifth year running.

• Sunday, June 17th 2007 - 21:00 UTC

  Brazilian beef exports yield 1.8 billion in five months

  Brazilian beef exports netted 443 million US dollars in May, a new monthly record high according to the Brazilian Beef Industry and Exporters Association (Abiec). Shipments totaled 266.000 tons, up 28.6% over May 2006.

• Sunday, June 17th 2007 - 21:00 UTC

  Mercosur dairy industry celebrates EU exports zero subsidies

  The European Union decided this week to lower export subsidies for all dairy produce to zero, a decision which has been hailed by Mercosur member countries since Argentina and Uruguay are two important exports of milk, cheese and by products.