The Trumpet, USA, May 23, 2008

Germany is investing in Latin American industry as never before. The Latin Business Chronicle reports that German daughter companies are producing 10 percent of the Brazilian industrial gross domestic product. Meanwhile, German industrial giant ThyssenKrupp AG is constructing a $4.6 billion giant steel-producing complex that will actively transform the mineral wealth of South America into vast amounts of steel products to be sold throughout Germany and Latin America by 2010. By that time, it will have taken 13,000 laborers a full four years to build.