Shipments of Weyerhaeuser’s Lumin plywood to Europe will double in 2011 following a large investment at the company’s mill in Uruguay.
Uruguay will officially recognize a Palestinian sovereign state next March but will not announce position regarding borders said Foreign Affairs minister Luis Almagro addressing the Legislative standing committee.
A Spanish firm and two Argentine ones have been awarded tenders to build wind farms. Spanish Teyma and the Argentine Impsa and Fingano will invest around U$ 300 million in the project.
Uruguayan President Jose Mujica is visiting Venezuela and today held talks with President Hugo Chavez at the Miraflores presidential Palace.
The President of Uruguay Jose Mujica, on Wednesday concluded a two-day visit to Peru aimed at deepening trade and political relations. His next official port of call is Venezuela.
Uruguayan banks will probably be able to continue with last year’s profits in the current year, as the economy strengthens, Fernando Oliva, directory of consultancy at Doloitte told BNAmericas.
Uruguayan President Jose Mujica has banned his ministers, officials and general staff from using social networking sites such as Facebook, MSN, Twitter and Skype during work hours. The president said that workers spend too much time using internet and are distracted.
To have low unemployment is something most countries would be proud of and not moan about. However, in Uruguay unemployment is at an all-time low of 6.1% and is causing concern among economists, human resource companies and businesses, reports the BBC.
Brazilian and Uruguayan Foreign Ministers Antonio Patriota and Luis Almagro have agreed to hold bilateral meetings every three months they announced during a press conference in Uruguay. The ministers met to discuss the forthcoming meeting between Uruguayan President Jose Mujica and his Brazilian counterpart Dilma Rousseff, scheduled for the first week of February.
Latin America and the Caribbean experienced rapid employment recovery in 2010 to pre-crisis levels, but the challenge of improving the working conditions of millions of workers still remains, according to data provided by the ILO, which will hold its 17th American Regional Meeting in Chile next week with delegates from 35 countries of the continent.