Spain's ENCE unveiled this week in Montevideo plans to produce a million tons of cellulose by September 2009 in a plant to be built in the south west of Uruguay along the River Plate coast.
Uruguay's Tabare Vazquez said he was deeply concerned fearing that the recurrent regional summit with the participation of Latinamerican leaders could turn into a mere protocol routine.
Argentine soy bean mills processed 2.68 million tons of soybeans in November, up 28.9% from the same month a year earlier, reported the Agriculture Secretariat this week in Buenos Aires.
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.
New York City is losing its competitive edge and could give up its lead as the financial capital of the world in ten years according to a report commissioned by Mayor Michael Bloomberg and NY Senator Charles Schumer.
Former Chilean president Eduardo Frei Montalvo who died in 1982 could have been poisoned with mustard gas, according to a report from the Belgian University of Gant which is currently in the hands of the Chilean judge who has the case.
Several Argentine farmers associations are planning a full day of protest for next Tuesday in four main cities to express their dissatisfaction and rejection with the current agriculture policy of President Nestor Kirchner's administration.
Argentina's Foreign Affaire minister Jorge Taiana is scheduled to meet Monday with United Nations Secretary General Ban Ki-Moon when he will reiterate Argentina's firm interest in advancing a solution to the Falklands/Malvinas dispute with Great Britain.
Brazil is still far from the much coveted Investment Grade in spite of financial market speculations according to the risk rating agency Fitch Ratings which estimates that the BBB qualification will have to wait two to three years.
Five years ago in the middle of political and economic chaos Argentina defaulted and devalued the currency putting an end to a decade of a fixed exchange rate of one peso equivalent to one US dollar.