MERCOPRESS/
Growing global demand for farmland has generated a new rush of foreign investors in Uruguay, many of them Argentines.
"The equation is perfect for foreign investors: high prices for commodities, strong demand for grains, oil-seeds, beef and other farm produce and a depreciation of the US dollar”, says expert Sebastian Da Silva.
An estimated 11% of Uruguay’s 16 million hectares of farmland are owned by foreigners.
Popular Posts
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- VENEZUELA : Caracas Gets Some Toilet Paper Relief; Opposition TV Channel Globovision Surrenders; Maduro Befriends Empresas Polar.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- COLOMBIA : 7 Killed, 8 Injured In Meta Bus/Truck Crash.
- CHILE : Exposing Santiago's Often Violent 'Hooded" Protesters.
- VENEZUELA / CUBA: Opposition Exposes Chavista Turmoil With Silva Tape.
- CANADA / MEXICO / CHILE : Former BC Woman Cop Murdered In Playa Del Carmen; Barrick Gold Fined $16 Million For Pascua-Lama, May Suspend Mine.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'