Chile is investing more than $400 million into developing petroleum resources at the south end of the country.
Punta Arenas, in the Magallanes region, has become the “Alaskan Gold Rush” of South America. Labor, oil prospectors and investor’s money is flowing in. The area is also a tourist destination, for Antarctic trips.
The oil boom […] Continue Reading…
Colombia is reporting their coffee exports rose 53% in March 2011, compared to the same time last year. They give credit to good weather and success fighting a fungal disease.
As of April 21, Arabica-coffee futures, for July delivery, fell 1.15 cents, to $2.983 a pound. Colombia and Brazil are the biggest exporters of Arabica […] Continue Reading…
The Guatemalan government announced they have discovered 15 thousand cases of chronic malnutrition in the country, for this year so far.
Next week the government will reveal a “nutritional risk” plan. They say the plan follows UN World Health Organization’s guidelines.
The European Union already sent about $9 million last year. Now Guatemalan officials say they […] Continue Reading…
“Our 1.2 million members are shocked and outraged. Many players cannot get access to their money. It is a confusing and concerning time for our members.”-John Pappas, executive director […] Continue Reading…
The United Nations released a study which shows that violent evictions in Argentina has increased, despite a booming economy. The reason is inflation. Along with a good economy comes inflation, and the cost of housing is leaving thousands of people in Argentina with nowhere to live.
Most of the evictions are from what’s called “informal” […] Continue Reading…
Rescuers at the Lucky Friday Mine cleared about 71 feet of debris, in their attempt to get to where Larry Marek might be. They still have another 149 feet to go. They’ve also started to drill a third air hole.
Nearly 200 people gathered in a local school to hold a vigil for the trapped […] Continue Reading…
Unleaded gasoline is traded on the commodity market. That’s the price you need to watch. Oil prices only affect gas prices indirectly. Yes, as oil prices go up so will eventually gas prices, but for a direct cause watch refined unleaded gas prices (if you use Diesel watch Diesel futures prices).
Oil and gas are […] Continue Reading…
The main stream media puts so much effort into reporting what happens in the stock markets. Why? Because the main stream media is controlled by big corporations. Big corporations get investment money from stocks. Big corporations use the main stream media to control the stock markets.
So you got money in your 401k, so what? […] Continue Reading…
In a press conference held in Benghazi, Libyan rebel leaders said NATO air strikes were not enough, and that ground troops were needed, official to protect civilians.
The spokesman said that initially rebels were opposed to foreign ground troops, but under present conditions (meaning they are losing to government forces) they will now accept foreign […] Continue Reading…
Tokyo Electric Power Company says it must cut wages and salaries in order to meet expected compensation payments due to the Fukushima Daiichi disaster.
Wages would be cut by 5%, with bonuses cut in half. Salaries will be cut by 20%. TEPCo will also reduce the number of employees by 100 each year, for the […] Continue Reading…