MADRID, May 18 (Reuters) - Spanish paper, pulp and energy company Ence (ENC.MC) swung to a first-quarter net loss of 93.8 million euros ($127 million) on Monday after making a writedown against asset deterioration in Uruguay.
This compares with a 12.4 million euro net profit made in the first quarter of 2008.
(Reporting by Tracy Rucinski; Editing by Judy MacInnes)
OSLO (Reuters) - There will be no "precipitous drawdown" of U.S. forces in Afghanistan and U.S. troops could still be in the country for years to come, President Barack Obama said on Thursday.
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