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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (27733)	1/12/2008 4:22:22 PM
From: smolejv@gmx.net	Respond to of 217738

Re Spain: next to real estate it's the water shortage (mainly due to food production) that's seriously out of whack in Spain. check Almeria for instance: maps.google.de the gray is miles and miles of farms supplying Europe with vegetables, fruit etc. Manned by those who get through from Africa. Regards DJ PS: the newspaper ref is from Nov 2006 (?). Things of course have not changed since. I do not know about bulldozers though - one would need a lot of them.

To: Elroy Jetson who wrote (27733)	1/12/2008 11:53:43 PM
From: elmatador	Respond to of 217738

buyers are always part of the wayo, Elroy. They think there's an El Dorado away from the law of their lands... Only MQ thing they are innocent, but we know why they've got hurt.

To: Elroy Jetson who wrote (27733)	1/17/2008 9:46:36 PM
From: elmatador	Respond to of 217738

We are buying everything. more capital abroad than what it received (US$28 billion versus $19 billion). Neighboring giant buys successful businesses Pablo Long. Jan 17, 2008 A wave of Brazilian investment may jeopardize Uruguayan interests. An onslaught of Brazilian investment capital in various sectors of Uruguayan economy has alerted President Tabaré Vázquez, who seeks to avoid any imposition of new business adverse to national interests. The trend has worried Uruguayan agricultural producers and businesses that fear that changes will have visible effects in the production chain. Between mid-2006 to mid-2007, the Brazilian refrigeration company Marfrig bought four exporting plants, giving it control of more than 45 percent of the Uruguayan meat business. Brazilian-Belgian multinational AmBev recently took control of the beer market and the National Rice Windmill Company, Camil Alimentos, now holds 58 percent of this grain’s market in Uruguay. “We are Brazilianizing. There is a wave of investments from refrigeration companies to the financial sector. You could say that every week there is powerful news about very tempting offers to buy the principal Uruguayan agro-industrial companies,” said engineer Eduardo Blasina, head of one of the most important financial adviser firms in the agricultural sector. Perfect conditions This phenomenon comes as Brazil flexes its muscles as a global exporter, to the extent that according to the 2006 World Investment Report issued by the United Nations Conference on Trade and Development, that year Brazil placed for the first time in its history more capital abroad than what it received (US$28 billion versus $19 billion). Blasina is not alone. The governmental Office of Agricultural Statistics released a study in August that found that between January 2000 and June 2006, 3.9 million hectares (over 9.6 million acres) of land was transferred to foreign hands — mainly to Brazilian and Argentine companies — amounting to 24 percent of the country’s arable territory. Brazilian state oil company Petrobras has also expanded, acquiring Shell’s gas stations and is negotiating for Esso’s. Bank Itaú got the Uruguayan arm of Bank Boston. Furthermore, the arrival of Odebrecht — a construction industry giant that seeks to participate in an ambitious governmental project in infrastructure, particularly in roadways and ports. According to analysts, there are two principal causes for attracting foreign interest in the Uruguayan market: the existence of a generous legislation on matters of foreign investment and free movement of capital, and Uruguay’s conversion into a strategic platform for the selective external markets. It has dominated due to its high-quality production, especially in meats, dairy and rice. Since 1974, the country has had free movement of capital, imposed by the dictatorship (1973-85) in the frame of neoliberal politics, with the idea of constructing a strong financial market and granting foreign companies the same facilities as local ones, which unlike them, leave their revenues and re-invert in Uruguay. “The Brazilian investments in the agricultural industry seek to take advantage of the access that Uruguay has to demanding markets and, very especially, the tariff advantages that exist due to a free trade agreement with Mexico [for meats] or the solid relationships with markets like Iran, China and the European Union, where for diverse reasons, Camil has not been able to enter,” said Ernesto Stirling, of the Association of Rice Farmers. But according to Blasina, there are more reasons: “Uruguay does not have obstacles for its meats’ entry in the United States, which is a good buyer and excellent payer, but Brazil — for sanitary reasons — and Argentina — due to a political decision — has forbidden access. The Brazilian refrigeration companies come for a strategic reason: they will increase their contacts from here for when they’ll be able to enter with their meats, in other three or four years.” Analysts see the situation as worrying, due to the concentration of vital areas, such as refrigeration and rice production — Uruguay finds itself among the first 10 world exporters of rice — in foreign hands. “It involves the risk of a new business logic based on the needs of Brazilian companies or Brazilian public policies,” explained economist Gabriel Papa.