-
Massive Quake In Chile Sends Copper Prices To 3-Week Highs
Wednesday, April 2, 2014 - 1:05pm | 510Read More...The massive earthquake that rocked the northern part of Chile, the world's leading copper producer, also shook up copper prices; briefly sending them to three-week highs. Copper rose to $6,728.75 per metric ton on the London Metal Exchange on Wednesday, its highest level since March 11. The...
-
Do Bonuses for Chilean Copper Workers Mean a Commodities Boom is Coming?
Thursday, October 17, 2013 - 4:26pm | 420Read More...While the rescue of underground copper miners at the San Jose facility in Chile captured the world's attention in 2010, but the industry is now working to keep those miners happy. BHP Billiton (NYSE: BHP), according to an article in Bloomberg Businessweek, is now using high salaries and generous...
-
Top Latin American Countries For A Spicy Return
Thursday, October 3, 2013 - 1:10pm | 633Read More...Investment opportunities in foreign markets are becoming more and more popular as countries become more developed. Investors have been particularly attracted to certain Latin American countries that have demonstrated tremendous potential and like many emerging markets; Latin America is seen as...
-
These Awesome Charts Highlight Just How Diversified (or Homogeneous) Some Nations' Exports Are
Friday, April 12, 2013 - 3:36pm | 136Read More...Ever wondered what the leading exports of Antarctica or North Korea or the Solomon Islands are? Well you've come to the right place. Courtesy of the Wikimedia Commons and the Observatory of Economic Complexity, Benzinga has compiled an array of export tree maps from countries and regions around the...
-
OECD Says Russia Must Reform Itself
Monday, December 12, 2011 - 9:51am | 662Read More...Russia must undertake widespread reforms in order to meet its long-term development goals, according to two reports released by the Organisation for Economic Co-operation and Development (OECD) on Monday. One of the OECD reports criticized Russia for not reaching the full economic potential of a...
-
Facebook Approaching 700 Millionth User
Tuesday, May 31, 2011 - 9:20am | 163Read More...If Sony (NYSE: SNE) could go back in time and re-market The Social Network with current information, the film's tagline would have read, “You can't make 700 million friends without making a few enemies.” That's right Facebook users, Business Insider reports that the social network that everyone...
-
Chilean Peso Hits 30-Month High
Thursday, December 9, 2010 - 10:59am | 53Read More...The Chilean Peso is up 0.6% this morning on the back of strong copper, which is the country's top export. Easing European debt fears also helped. The peso firmed to 473.80/474.30 per U.S. dollar compared with Tuesday's close of 476.80/477.10. Chile's currency last traded stronger than 474 to the...
-
DirecTV a Buy on Latin American, NFL Strength (DTV)
Friday, September 10, 2010 - 10:33am | 147Read More...Wunderlich Securities continues to recommend a Buy rating for DirecTV (NASDAQ: DTV) at a $46 price target in a research report released Friday. Part of their reasoning stems from DirecTV’s inroads into Latin America, now having over one million customers in Argentina and gaining ground in other...
-
Rescuers Can't Retrieve Miners From Chilean Copper & Gold Mine
Friday, August 6, 2010 - 10:43am | 94Read More...Rescuers have been unable to retrieve miners in a Chilean mine that caved in yesterday Mining Weekly writes. 34 miners were trapped after the mine, 28 miles north of Copiapo collapsed. Rescuers hope that the miners were able to take refuge in an underground shelter with oxygen and water. Chile,...
