The economy of Argentina and its attractiveness for foreign investments

Economy of Argentina, vigiljournal.com

Argentina is an economically ambiguous republic, having experienced several ups and downs in the past century. This large state in the early XX century was one of the richest in Latin America, but due to inept policy of the authorities, it twice was on the verge of default and entered the list of third countries of the world. In 2015 Mauricio Macri was elected as the president, who in a short time was able to double the foreign exchange reserves of Argentina. So is it worth investing in this country at the moment?

Dilma Rousseff recognizes that there's an economic problem in Brazil

Brazil, vigiljournal.com

Brazilian President Dilma Rousseff, acknowledged today that there is an "economic problem" in the country, although she hopes that the recovery will come later this year thanks to fiscal adjustments, made by the government.

"Without a shadow of doubt, there is an economic problem in the country. We had a very difficult economic situation," said Rousseff during a meeting with bloggers and journalists from several Brazilian news portals.

The Nuclear Club: India welcomed, Iran shunned

The language is white hot. Israeli Prime Minister Binyamin Netanyahu tells the US Congress to reject any deal with Iran. The red line for him has been crossed a long time ago – namely, when Iran began to enrich uranium. What Netanyahu wants is to end Iran’s nuclear program. What ambiguity lies between the civilian and military program must not be considered – none of it should be allowed.

Power Machines OJSC Equipped One of the Largest HPP in Mexico

Турбина, Силовые Машины

La Esca is a unique hydraulic structure with one of the world’s highest earth dams with a reinforced concrete shield (it   reaches a height of 220 meters). The plant is the top level of the hydropower cascade on the Rio Grande de Santiago river on the border of the states of Jalisco and Nayarit. The main power equipment for the two of the previously constructed HPPs of this cascade - 975 MW Aguamilpa and 750 MW El Cajon - was also supplied by Power Machines (they installed the same hydrogenerators at  El Cajon).

Fukushima and the future of nuclear power

Фукусима и будущее атомной энергетики, vigiljournal.com

The tragic events that occurred in Japan on March 11, 2011 led to the most serious nuclear accident in the last 25 years and raised the question of trust in nuclear power all over the world. On April 4 of the current year analysts of the Swiss bank UBS evaluated the significance of the so-called “Fukushima disaster”: “At Fukushima, four reactors have been out of control for weeks, casting doubt on whether even an advanced economy can master nuclear safety”. Swiss experts believe that “this accident seriously damaged confidence in nuclear power”.