Brazilian President Michel Temer said this week that his administration has taken the country out of debt and successfully overcome the brutal economic recession of the past two years.
The recent rise of the dollar in Argentina had some impact in Uruguay, where it has an accumulation of 7.4% in May. However, for the president of the Central Bank of Uruguay, Mario Bergara, the escalation only owes 20% to the exchange rate in Argentina and rather considers that Uruguay is accompanying global trends.
The Argentine Football Association (AFA) has been criticized for including a chapter about how to stand a chance with a Russian girl in a manual it handed to journalists travelling to the World Cup in Russia. It recommended that journalists look clean, smell nice and dress well in order to impress Russian girls.
Angry Nicaraguan students taunted President Daniel Ortega with shouts of murderer as he spoke on Wednesday at a Catholic church-organized event aimed at negotiating a solution to weeks of deadly protests that have challenged his rule.
Brazil on Wednesday lashed out at a demand by former European leaders for disgraced ex-president Lula da Silva to be allowed to take part in elections this year. A group of former EU left leaning leaders, including French ex-president Francois Holland and Spanish former prime minister Jose Luis Rodriguez Zapatero, called Lula's imprisonment for corruption hurried and said he should be free to present himself before Brazilian voters.
Brazil's central bank unexpectedly left its benchmark interest rate unchanged on Wednesday, citing a more challenging and volatile situation in world economies. The bank left its benchmark Selic rate at an all-time low of 6.5%, after signaling at its previous meeting it would cut at least once more.
The decline in the atmosphere of an ozone-depleting chemical banned by the Montreal Protocol has recently slowed by half, suggesting a serious violation of the 196-nation treaty, researchers revealed Wednesday.
The Federal Prosecution Office from Rio Grande, Tierra del Fuego has called for the arrest of 26 officers allegedly involved in torture practices against conscripts during the Falklands conflict in 1982. The case has been ongoing for over a decade but it remains at snail pace.
A study by the International Agency for Research on Cancer (IARC) provides new evidence that increased weight and obesity may result in increased smoking. The study, published in the British Medical Journal (BMJ) and funded by Cancer Research UK (CRUK), found that increased body mass index (BMI), body fat percentage, and waist circumference were associated both with a higher risk of being a smoker and with greater smoking intensity, measured by the number of cigarettes smoked per day. These results were consistent in both men and women.
The mission is being organized by Uruguay XXI, the investment, export and country brand promotion agency, along with the British Embassy in Montevideo, the British-Uruguayan Chamber of Commerce and with the support of the UK Department for International Trade. The trade mission will be present between May 14/18.