Spanish pulp maker Ence has narrowed a search for a partner in its 1.6 billion US dollars paper mill in Uruguay to four foreign players as it struggles with huge debt, tight credit and an ailing European paper industry, reports Reuter's office in Madrid.
The United States cautiously welcomed Venezuela's Sunday referendum vote to scrap limits on how often politicians, including President Hugo Chavez, can run for office.
Brazil metalworkers unions from the country's powerhouse, Sao Paulo state, have agreed to salary and working hours cuts in an attempt to save 16.300 jobs, according to industry sources.
Spanish pulp company ENCE confirmed to Uruguayan officials that they are freezing the construction of the one million plus tons plant project in Punta Pereira until they find an associate, but discarded any chances of abandoning the whole operation, reports the Montevideo press.
CRUISE vessel M/V Ocean Nova grounded at Marguerite Bay, west of Debenham Island in Antarctica today, Feburay 17, but all onboard are safe. The vessel grounded two kilometers from the Argentine research station San Martin. An initial assessment of damage indicated that there was no imminent danger and no threat to lives.
FALKLAND Islands Government Representative in London, Sukey Cameron, was this week elected to chair the UK Overseas Territories Association (UKOTA) for the coming year.