
In its judgement on ”Pulp mills on the River Uruguay (Argentina vs. Uruguay)”, the International Court of Justice, (UN principal judicial organ) declared that Uruguay has not breached its substantive obligations for the protection of the environment provided by the Statute of the River Uruguay by authorizing the construction and commissioning of the Orion (Botnia) pulp mill.

Much as was anticipated, Uruguay and Argentina celebrated as favourable the ruling of the International court of Justice regarding a long standing pulp mills dispute, while environmentalists were totally disappointed and promised to continue and intensify their protests and pickets.

The world's large economies could make progress to revive stalled world trade talks at two G20 summits later this year, officials from farming nations said on Monday at a two-day meeting in Uruguay.

Uruguayan president Jose Mujica and his Argentine peer Cristina Fernandez de Kirchner will meet in Buenos Aires the day after the International Court of Justice rules on the pulp mill dispute which has soured bilateral relations between the neighbouring countries since 2006.

Canada’s Bombardier Aerospace announced Thursday that Pluna Lineas Aereas Uruguayas S.A. has signed a follow-on firm order for three CRJ900 NextGen regional jets and has taken options on an additional six CRJ900 NextGen aircraft.

Ecuadorean Foreign Affairs minister Ricardo Patiño apologized to Uruguay for having stated that the administration of President Jose Mujica would support the nomination of former Argentine president Nestor Kirchner as chairman or the Union of South American nations, Unasur.

www.UruguayNow.com is the first constantly updated internet travel guide in English dedicated solely to Uruguay. It launched at the country's Ministry of Tourism on 13 April.

Argentine Foreign Affairs Minister Jorge Taiana described bilateral relations with neighbouring Uruguay are good and will improve after the International Court of Justice's ruling regarding the placement of the Botnia paper mill on the shores of the Uruguay river is made public on April 20th.

A Uruguayan multi-party delegation will be present in The Hague next week when the International Court of Justice makes public its ruling on the Argentine/Uruguayan dispute over the construction of a pulp mill along shared waters.
The Uruguayan default model of 2003, under the auspices of the IMF, is a possible way out for the Greek situation according to Professor Reinhart (*), a world authority in sovereign defaults. The idea surfaced in an interview with the Telegraph.co.uk, Ambrose Evans-Pritchard who has covered world politics and economics for 25 years, based in Europe, the US, and Latin America.