Stories for August 3rd 2010
Chilean wine industry and pork plant clash over land planning and use
Winemakers in Chile’s Casablanca Valley have been fighting pork-producing behemoth Expo Pork Meat for the past two weeks, as the company looks to construct a pork-processing plant in the region.
Santiago suffering the coldest July since 1908: 2 degrees below monthly average
Santiago just had the coldest July since 1908 with an average temperature of 6 degrees Celsius. That is 2 degrees under the usual monthly average, according to the Department of Geophysics of the University of Chile.
Mercosur expects the EU to match the latest offer for a trade agreement
Mercosur Foreign Affairs ministers meeting on Monday in Argentina said they trust the European Union will match the latest offer from the South American block to make possible a trade and cooperation agreement that has remained elusive for years.
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.
India and Argentina sign cooperation agreement in agriculture
India and Argentina signed in New Delhi on Monday a joint agreement for the development of technical and professional cooperation in the agricultural sector and to foster trade of plants and animal products between the two countries.
Chilean president Piñera has 45% approval rating and 29% negative
President Sebastián Piñera received a 45% approval rating, while disapproval rates reached 29%, according to a survey reported last week by the Center of Public Education (CEP).
Argentina puts off plans to float its first international bond since 2001
Argentina is drawing on central bank profits to meet financing needs, putting off plans to sell its first international bond since 2001 as yields tumble. The central bank’s board on July 29 approved a transfer of 3 billion pesos (762 million USD) from the bank’s 23.5 billion pesos in 2009 profits to the government, following a 1.5 billion peso transfer in February, spokesman Fernando Meanos said.
