Argentina
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Sam Zell, chairman of Equity Group Investments, said Colombia "may be the best country to invest in" for a number of reasons, including its growing oil production.
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The source spoke just before a news conference in the United States at which YPF Chief Executive Miguel Galuccio and Chevron's head of operations for Latin America and Africa, Ali Moshiri, were due to speak.
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ACCRA, Dec 19- An Argentine naval vessel detained in Ghana at the request of a hedge fund trying to force Argentina to pay up on defaulted government bonds left the West African country on Wednesday, a port official said.
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*Army Corps excavating Mississippi River- bottom rock. Dec 18- The U.S. Army Corp of Engineers on Tuesday began clearing rocks from a shallow stretch of the drought-hit Mississippi River- its largest such undertaking in at least 25 years- to maintain the flow of billions of dollars' worth of goods to Gulf Coast ports.
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*Army Corps excavating Mississippi river-bottom rock. Dec 18- The U.S. Army Corp of Engineers, in its largest such undertaking in at least 25 years, on Tuesday began clearing a shallow stretch of the drought-hit Mississippi River of rocks impeding the flow of billions of dollars' worth of goods to the Gulf Coast.
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RIO DE JANEIRO/ BRASILIA, Dec 18- When President Dilma Rousseff took office just under two years ago, she pledged to "eliminate the obstacles that still inhibit the dynamism of our economy." Latin America's largest economy was rebounding from the global financial crisis, growing at an annual rate of 7.5 percent.
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*Nearly 40 percent of people to celebrate New Year's Eve with family, friends. NEW YORK, Dec 18- With less than two weeks left in 2012, half of people around the world think the global economy will improve in 2013 and many plan to ring in the New Year with family and friends and improve their finances and health, a new survey shows.
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NEW DELHI, Dec 18- Cargill, the U.S. agribusiness giant, is investing in India's burgeoning processed food sector with a $73 million corn milling unit, the head of its India operation said.
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*Argentina accused of flawed data. WASHINGTON, Dec 17- The International Monetary Fund board is expected to meet in late January to discuss Argentina's progress in improving the quality of its economic data, an IMF spokesman said on Monday.
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BUENOS AIRES, Dec 17- Argentina's soy output hinges on whether waterlogged fields get enough sun in the weeks ahead to make them plantable, allowing the grains powerhouse to provide the supply jolt needed to cap soaring world food prices.
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HOUSTON, Dec 17- Two years on, a gusher of U.S. shale oil production is finally starting to seep into California, where refiners in the country's most isolated fuel market are waging an increasingly desperate battle to curb costs.
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Hans Humes founder and CEO of Greylock Capital tells CNBC that it is possible for Argentina to be ejected from the IMF but it is unlikely at this stage.
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The Argentine navy's tall sailing ship ARA Libertad, a training vessel classed by Argentina as a frigate, was detained in Ghana's port of Tema on Oct. 2 at the request of hedge fund NML Capital Ltd, which says Argentina owes it $300 million on bonds which have been in default since 2002..
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The Argentine navy's tall sailing ship ARA Libertad, a training vessel classed by Argentina as a frigate, was detained in Ghana's port of Tema on Oct. 2 at the request of hedge fund NML Capital Ltd, which says Argentina owes it $300 million on bonds which have been in default since 2002..
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BUENOS AIRES, Dec 14- Soybean output in No. 4 global exporter Paraguay could hit a record 8.6 million tonnes this season, beating private and official forecasts, if good weather holds over the weeks ahead, seed behemoth Monsanto said on Friday.
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*Siemens paid $1.6 bln in 2008 to settle bribery case. NEW YORK, Dec 13- State-owned Mexican oil company Pemex sued Siemens AG and a South Korean company for $1.5 billion on Thursday over a bribery scheme that has dogged the German conglomerate for years.
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NEW YORK, Dec 13- The U.S. government moved to support Argentina on Thursday in its bid to sway an appeals court to reconsider a ruling that would force the country to pay "holdout" creditors owning bonds in default since 2002..
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*Siemens paid $1.6 bln in 2008 to settle FCPA case. NEW YORK/ WASHINGTON, Dec 13- State-owned Mexican oil company Pemex sued Siemens AG and a South Korean company for $500 million on Thursday over a bribery scheme that has dogged the German conglomerate for years, adding to a short list of cases that raise novel questions about who is a victim in corruption cases.
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*Siemens paid $1.6 bln in 2008 to settle FCPA case. NEW YORK/ WASHINGTON, Dec 13- A state-owned Mexican oil company sued Siemens AG and a South Korean company for $500 million on Thursday over a bribery scheme that has dogged the German conglomerate for years, raising novel questions about who is a victim in corruption cases.
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CHICAGO, Dec 13- Soybean futures rose on Thursday on larger-than-expected weekly U.S. export sales and strength in the soymeal market, traders said. At the Chicago Board of Trade as of 9:50 a.m. CST, January soybeans were up 12-1/ 4 cents at $14.85- 1/ 2 per bushel, their biggest rise in a week.
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*Lagarde doesn't see hard landing in China. SANTIAGO, Dec 13- Inadequate tackling of the so-called U.S. fiscal cliff, an acceleration of the euro zone debt crisis, and volatility in commodity prices are potential risks for export-dependent Latin America, the head of the International Monetary Fund said on Thursday.