South American

Pope in Chile calls for respect of 'rights' of indigenous people

Santiago - Muslimchronicle

Pope Francis called Tuesday for respect of the rights and culture of indigenous peoples, as he made his first speech during a visit to Chile. It is necessary to listen to native peoples, "often forgotten and whose rights and protected culture must be taken into account," said the pontiff in an address to political authorities. He made no specific mentionRead more

Quinoa ‘could be the solution to feeding UAE’s population’

Dubai - Arab Today

A South American grain could be the solution to the UAE’s lack of arable land and growing population. Dr Thani Al Zeyoudi, Minister of Climate Change and Environment, on Tuesday told a conference that there were very few drawbacks to the grain, quinoa, which could address the country’s food security concerns. "Quinoa has immense potential if given the correct researchRead more

South Korea's POSCO Daewoo Inks MoU with Brazil's Navy

Seoul - QNA

South Korea's top steelmaker, POSCO Daewoo Co and Brazilian Navy Signed a memorandum of understanding (MOU) to provide a landing platform dock (LPD) and patrol frigate, and modernize a shipyard run by the South American country. Under the deal valued at some US$1 billion, POSCO Daewoo, formerly Daewoo International, will also provide ship design technology and shipbuilding materials, the companyRead more

Number of companies filing for bankruptcy nearly doubles in Brazil

Rio de Janeiro - XINHUA

A total of 571 companies in Brazil filed for bankruptcy in the first four months of 2016, up 97.6 percent against the same period in 2015, a consultancy firm said on Wednesday. Local consultancy firm Serasa Experian said in a report that this was a record high going back to 2006. Between January and April, the largest amount of requestsRead more

Argentina-China dams project gains new momentum

Buenos Aires - XINHUA

A joint Argentina-China project to build twin dams and boost hydropower generation in the South American country has gained new momentum through a series of binational meetings to update the venture. The Nestor Kirchner and Jorge Cepernic Dams in the country's southern province of Santa Cruz have been designed to supply some 4 percent of the energy needed by LatinRead more

Rio 2016 chief: We are 'ready to deliver history'

Rio De Janeiro - XINHUA

Rio de Janeiro is "ready to deliver history" when it becomes the first South American country to host the Olympic Games in August, Rio 2016 president Carlos Nuzman said on Wednesday. Nuzman made the declaration in a speech to mark the handing over of the Olympic flame from Greece to Brazil at the Panathenaic Stadium in Athens, which hosted theRead more

Latin America countries call for oil price stability

Quito - XINHUA

Latin America's oil-producing countries on Friday called on their global counterparts to help shore up and stabilize crude prices. Gathered at the headquarters of the Union of South American Nations in Ecuador's capital Quito, representatives from Ecuador, Colombia, Bolivia, Venezuela and Mexico made a joint declaration calling for efforts to stabilize the world oil market and to improve prices forRead more

Hyundai Motor Attains First Sales Growth in 11 Months in Brazil

Seoul - QNA

Hyundai Motor achieved its first sales growth in Brazil in 11 months in February, despite the South American country's severe economic slump, South Korean industry officials said Sunday. The officials said Hyundai sold 13,922 vehicles in Brazil last month, up 6.3 % from the same month in 2015.It is the first time since March last year that the top SouthRead more