Tag: Russia

• Friday, August 6th 2010 - 03:01 UTC

  Wheat futures soar as drought-stricken Russia halts grain exports

  

  Wheat futures soared on Thursday after the world’s number three exporter the Russian Federation said it would temporarily halt grain shipments. The worst drought on record have devastated crops in parts of Russia and caused international grain prices to spike as markets anticipate a drop in global supplies.

• Wednesday, August 4th 2010 - 01:21 UTC

  Uruguay’s exports in seven months increase 23% and reach 3.9 billion USD

  

  Uruguayan exports increased 22.78% during the first seven months of 2010 compared to the same period a year ago, according to Uruguay’s Union of Exporters. Sales totalled 3.9 billion US dollars while in the seven months of 2009, they reached 3.2 billion USD.

• Tuesday, August 3rd 2010 - 15:04 UTC

  Wheat prices at 22 month high; fears about drought and fires in Russia

  

  International wheat prices hit a 22-month high Monday after a severe drought and ensuing wildfires in Russia devastated crops. Chicago Board of Trade (CBOT) wheat for September delivery broke through the $7-a-bushel level in US trade for the first time since September 2008 but have since falling back.

• Tuesday, August 3rd 2010 - 00:49 UTC

  Russia becomes Uruguay’s main client for beef in first half of 2010

  

  The Russian Federation became at the end of the first half of the year, Uruguay’s main client for beef compensating weaker demand from the European Union and other important markets, according to the latest data from the country’s National Meat Institute, INAC.

• Tuesday, July 20th 2010 - 04:12 UTC

  Russians exposed to the worst heat wave in 130 years

  

  Russia is going through its worst drought in more than a century. In Moscow, it’s hotter than in European and African resorts. The heat has caused asphalt to melt, boosted sales of air conditioners, ventilators, ice cream and beverages, and pushed grain prices up. Environmentalists are blaming the abnormally dry spell on climate change.

• Tuesday, May 18th 2010 - 18:14 UTC

  Peruvian president criticizes spiralling military expenditure in South America

  

  Peruvian president Alan Garcia criticized spiralling military expenditure in South America, a fact he linked to the recently created Union of South American Nations, Unasur.

• Saturday, May 15th 2010 - 04:04 UTC

  Russia Ratifies Interest in Latam; Plans for Nuclear Power and Military Sales

  

  Russia is planning to strengthen its relations with 61 countries worldwide, including Chile. It is exploring options in Latin America for the development of nuclear power and military sales, a document from its ministry of foreign affairs stated this week.