Uruguay reached an agreement with the International Monetary Fund that should give the country access to much needed financial assistance.
US Secretary of State Colin Powell admitted during a television interview in Washington that the overthrow of elected Chilean president Salvador Allende in 1973 is a part of the United States history of which we are not proud.
Glanbia, the Irish dairy consortium and one of the largest in the European Union signed in Montevideo a joint venture agreement with Uruguay's main dairy cooperative Conaprole to market produce in Mexico, Central America and the Caribbean.
Chile's role as a non permanent member of the United Nations Security Council is becoming increasingly important as United States and Britain push for a second resolution on Iraq scheduled for March 7.
The European Union this week banned all beef imports from Paraguay after recording serious problems in the foot and mouth supervision and control measures. The decision was taken by the EU Food Chain and Animal Health Permanent Committee in Brussels following a proposal from the European Commission.