Stories for 2014

Saturday, November 29th 2014 - 07:45 UTC

Vazquez and Mujica disputing the leadership of Uruguay's ruling Broad Front

Vazquez victory on Sunday would confirm a third consecutive administration for the Broad Front coalition, in all cases with legislative majority

On Sunday Uruguayan voters will confirm in a runoff the country's next president, which according to all forecasts will be Tabare Vazquez. An oncologist by training, former president (2005/2009) and former mayor of the City of Montevideo, Vazquez and the Broad Front coalition was just less than three percentage points short of the needed 50% in the first round on October 26.

Saturday, November 29th 2014 - 07:41 UTC

Chile and UK sponsor 'Mining and sustainability' seminar in Antofagasta

Chilean and UK officials during the seminar held in Antofagasta

The British Embassy joined the Chilean British Chamber of Commerce and Plan CREO from the city of Antofagasta to host the Seminar “Antofagasta: City, Mining and Sustainability, Where are we headed?” which took place last week at the National Library of the city.

Saturday, November 29th 2014 - 07:30 UTC

Health professionals from Latam and Caribbean train for management of Ebola

”The goal of the workshops is to strengthen the clinical response capacity of doctors and nurses assigned to treat Ebola patients,” said Dr. Marcos Espinal

Health professionals from more than 30 countries in Latin America and the Caribbean will receive training in clinical management of Ebola in three upcoming workshops sponsored by the Pan American Health Organization/World Health Organization (PAHO/WHO). The workshops are part of a series of PAHO/WHO actions intended to help countries strengthen their preparedness for potential cases of Ebola.

Saturday, November 29th 2014 - 07:11 UTC

IDB loan for Uruguay to promote quality investments and exports

The program will support Uruguay's efforts to consolidate a series of wide-ranging sector reforms aimed at boosting policies to attract investment.

The Inter-American Development Bank (IDB) has approved a 120 million dollars loan to finance the second phase of Uruguay's Strategic International Positioning Program. Its goal is to consolidate the country's international positioning, contributing to an increase in investments—mainly those aimed at high value-added sectors— and exports.

Saturday, November 29th 2014 - 04:47 UTC

Argentine swimmer crosses the Falklands' sound in 2 hours and 7 minutes

Argentine amateur distance swimmer Agustin Barletti (53) swam across Falklands Sound on November 9 in 2 hours and 7 minutes. The Argentine, who has also swum the Strait of Gibraltar between Europe and Africa hit it lucky with calm weather and the swell only increasing as he finished.

Friday, November 28th 2014 - 06:46 UTC

New Brazilian minister pledges realistic fiscal targets and balanced economic growth

“We are not in a moment of crisis, so it is important to lay the basis for the next few years,” Levy told reporters in a first attempt to transmit confidence

Brazilian President Dilma Rousseff finally announced on Thursday the appointment of Joaquim Levy, as her next Finance minister who is also known as the 'scissors man', who pledged more realistic fiscal targets and promised more balanced economic growth.

Friday, November 28th 2014 - 06:38 UTC

Mercosur and EU could not establish a date for the exchange of new proposals

EC indicated it has to finalize the internal consultation process regarding its own proposal which it estimates “should take place any time now”.

European Union and Mercosur representatives analyzed the current state of negotiations for an association and free trade agreement but could not establish a date for the exchange of new proposals because “the European Commission has yet not concluded the consultation process with member states to harmonize its proposal”.

Friday, November 28th 2014 - 06:34 UTC

Mujica enjoys 65% support and 47% of Uruguayans feel good about the economy

Even 34% of public opinion identified with the opposition believes Mujica is doing a good job

Uruguayan president Jose Mujica who next Monday begins the last three months of his five-year mandate enjoys a 65% public opinion support according to the latest poll from Mori released this week. Negative opinion only represents 17% while 18% did not say whether they approved or disapproved of the popular leader’s performance.

Friday, November 28th 2014 - 06:30 UTC

Uruguay praises Mercosur as the “main buyer” of the country's exports

Almagro highlighted that ”Mercosur allows Uruguay to diversify its exports and to sell products with more value added, which generates more jobs”.

Uruguay’s Foreign Minister Luis Almagro highlighted that Mercosur is the “main buyer” of Uruguayan exports and strongly defended the country's presence in the regional group, a controversial issue since much of the country's political system and most of the business community want a more dynamic, open trade block.

Friday, November 28th 2014 - 06:23 UTC

Oil price plunges as OPEC decides against cutting output despite world glut

The cartel, whose largest producer and exporter is Saudi Arabia, will meet again in June next year, said an OPEC delegate.

Brent and US crude oil plunged as much as 6.50 dollars a barrel on Thursday, the steepest one-day falls since 2011 following on OPEC's decision against cutting output despite a huge oversupply in world markets.

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