Monthly Archives: May 2015

Colombia will invest more than 6,500 million Dollars to revive economy

28/05/2015 source “SudAméricaHoy” Colombia plans to invest 16.84 billion Pesos (about 6,591 million Dollars) and thereby generate 322,920 additional jobs to the 700,000 projected for this year, in order to revive the economy after the fall in international crude prices, announced today the President Juan Manuel Santos. “We look for further stimulus to the economy…

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The EU donates € 70 million to Tunisia

28/05/2015 source “BusinessNews” The European Union has approved a grant of € 70 million for Tunisia. The announcement was made by the Vice-President of the European Commission, Federica Mogherini in a press conference, which took place on Wednesday 27 May 2015, given in conjunction with the head of Tunisian government Habib Essid in Brussels. Federica…

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The international financial system is now demanding more regulation

17/05/2015 source “El País” After the scandal of Lehman Brothers in 2008, world leaders committed themselves in 2008 to carry out “the reorganization of capitalism,” as was rated by the former French president Nicolas Sarkozy. Governments responded to the crash proposing several reforms: more than 30,000 pages of financial regulation in the US and 60,000…

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Sonangol will begin to explore crude oil in Cuba in 2016

21/05/2015 source “Angop” The Angolan Oil Company (Sonangol) will start in 2016 the exploitation of crude oil in Cuba, announced the Angolan ambassador to the Caribbean island, José César Augusto Kiluanje. According to the diplomat, the Cuban government revealed information according to which Sonangol will start oil exploration in Cuban waters in the Gulf of…

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Nano Korea 2015

Int’l Nanotech Symposium & Exhibition   From 1st July to 3rd July 2015, Coex, World Trade Center, Seoul, South Korea Sectors: New Technologies, Inventions, Innovations…

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Electricity: who will be the pilot of the (future) African Agency?

19/05/2015 source “JeuneAfrique” To promote his “Marshall Plan” of electricity for Africa, Jean-Louis Borloo met 37 African heads of state, who mostly seem to want to join the project. But, even if this initiative receives the necessary support and resources, who will lead this African Agency for electrification? What is the energy project “Marshall Plan”…

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River basin in Costa Rica receives benefits of international project

19/05/2015 source “SudAméricaHoy” San José – The river basin Jesús María, located in the Central Pacific area of Costa Rica, is the subject of several initiatives to cope with land degradation, desertification and drought in Latin America through the IICA-EUROCLIMA project, organizers said. The area is facing the effects of climate change and variability linked…

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Oil prices lower in Asian trade

15/05/2015 source “Gulf News” Singapore: Oil prices eased in Asia Friday on concerns about unrelenting global production levels and lofty supplies, analysts said. US benchmark West Texas Intermediate for June delivery fell seven cents to $59.81 while Brent crude for July fell two cents to $66.64 in afternoon trade. Nicholas Teo, market analyst at CMC…

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Future Business UAE attracts international interest

15/05/2015 source “Gulf News” Dubai: Representatives from participating Expo Milan 2015 pavilions, visiting delegations and companies are reaching out for business opportunities in the UAE at the Future Business UAE platform within the UAE Pavilion, according to a statement on Wednesday. The Future Business UAE platform, managed by Dubai World Trade Centre (DWTC) on behalf…

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Angola: Telecommunications Sector Among Main Investment Attractors

13/05/2015 source “Angop” The Telecommunications and Information Technologies sector in Angola has been working to boost investments in this area, aiming at making its contribution to the process of diversifying the country’s economy, said last Tuesday, in Luanda, the minister in charge of this portfolio, José Carvalho da Rocha. According to the minister, who was…

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The IDB presented in Colombia the platform “ConnectAmericas” for SMEs

12/05/2015 source “SudAméricaHoy” The Inter-American Development Bank (IDB) introduced today to the Colombian entrepreneurs the platform “ConnectAmericas”, which aims to connect, promote and strengthen the relationships between small and medium-sized enterprises (sme) in the American continent. The coordinator of the platform and head of the Trade Unit and IDB Investment, Fabrizio Opertti, explained to reporters…

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Private capital is key to enable the Latin American economy

11/05/2015 source “Portfolio” Under the slogan “Advancing through an agenda of renewal”, the tenth meeting of the World Economic Forum for Latin America (WEF LATAM in English) began last Wednesday May 6 with private meetings and multiple simultaneous conferences between businessmen, politicians, managers and academics. The forum takes place “at a time when the economy…

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Sacyr puts in service the first stretch of a highway in northern Chile

07/05/2015 fuente “SudAméricaHoy” The Spanish company Sacyr, in charge of carrying out the project through its subsidiary for concessions, has put in service last Monday the first stretch of the highway between La Serena and Vallenar, in northern Chile. According to the statement released by the company in Santiago, this is a stretch of 100…

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Historical 185 million Dollar contract for Abengoa in the United States

05/05/2015 source “ValenciaPlaza” Abengoa has been awarded one contract valued at about 200 million Dollars (about 185 million Euros) to build the first bio-refinery intended to produce biofuels from urban solid waste in the United States. Fulcrum Bioenergy selected the Spanish company to build this plant, in which will be used gasification technology to convert…

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Ethiopia: GERD Reaches a Point of No Return

05/04/2015 source “The Ethiopian Herald” The Grand Ethiopian Renaissance Dam (GERD) has reached a point of no return: the major hydro-mechanical and electro-mechanical works have been carried out according to schedule. It was so announced at the fourth anniversary of the laying down of the cornerstone of the GERD marked at the project site. Speaking…

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