Spanish corporation ENCE begins next week to break ground in the south of Uruguay for the construction of a pulp mill with capacity for a million tons annually. The billion US dollars project is still in the blue print and environment impact assessment stage but the company and the Uruguayan government are confident of the results.
Soybeans has become the main summer cultivation in Uruguay for the agriculture year 2007/08, confirming eight years running of expansion according to the latest release from the country's Agriculture Statistics Office, DIEA.
Uruguayan Socialist president Tabare Vazquez is preparing a reshuffle of the ministerial cabinet which will include half of the posts, including those with the greatest political and financial weight, according to the government newspaper La Republica.
Uruguay's consumer prices index increased 0.3% in December totaling 8.5% in 2007, two full points above the Central Bank's target and the highest since the 10.2% of 2003, according to the country's Statistics Institute monthly report
Bulk transportation company Navios Maritime Holdings Inc. said it has formed a South American logistics business by combining its existing port operation in Uruguay with the barge and upriver port businesses operated by the Horamar Group.
Russia looks to cooperation in the nuclear energy sphere with Uruguay, the country's ambassador to the Latin American state said on Monday.
Uruguayan authorities this week arrested, and forfeited the cargo of a longliner which docked in Montevideo and allegedly did not have the necessary documentation to prove it was flagged in the Pacific island of Vanuatu.
Uruguayan emergency teams are working this weekend round the clock to clean the sandy beach of the country's most exclusive sea-resort which suffered the consequences of an oil spill of an estimated 15.000 liters of crude.
MercoPress wishes a happy holiday season to all its readers.
Buenos Aires daily La Nacion Sunday edition comes strongly in support of Uruguay's position and conduct, --so far--, in the pulp mills controversy with Argentina and describes incoming President Cristina Fernandez de Kirchner reference to the issue during her inaugural speech before Congress as untimely.