Brazil's president Lula da Silva unveiled on Monday an economic package with the purpose of boosting growth to 5% annually by 2008 through a combination of public and private spending.
Finland's Botnia is willing to sit and discuss with Argentina and Uruguay a negotiated solution to the controversy over the building of a pull mill in Uruguay which Argentina argues will be highly contaminating.
The value of cellulose rose to 735 US dollars per ton this week, according to industry indicators, the highest price for cellulose since February 16th, 1996
An Indian rocket carrying an Argentine satellite as well as three others was launched to space Wednesday placing all four successfully in orbit.
Foreign direct investment (FDI) grew in 2006 for the third consecutive year to reach 1.2 trillion US dollars according to initial estimates released Tuesday by the United Nations, which also warned that economic growth is likely to slow this year because of high commodity prices and other factors.
Chile's government oil corporation ENAP announced this week investments totaling 4.5 billion US dollars in the coming four years, 2007/2011, emphasizing exploration and production and the construction of refineries.
Three of Chile's leading environmental scientists are on board the Swedish ice-breaker Oden on a 14-day voyage to study the effects of climate change on the southernmost continent.
Vehicle sales in Argentina rose a healthy 17 percent to 453,000 units in January-November ÃÂ¢€ the higher figure since the 455,000 sold in the entire 1998 ÃÂ¢€ on the back of a steady economic recovery accompanied by a favourable international scenario, the new chairman of the ACARA concessionaires association Dante Alvarez said.
Chilean wood pulp producers Copec and CMPC are cashing in on high cellulose prices, which rose to a year-to-date high of 708.7 US dollars a ton on Tuesday. This is the highest price for cellulose since 2002, the disastrous year when cellulose prices fell to 433.2 US dollars a ton.