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Current Edition
Wednesday, April 9th 2014 - 06:30 UTC

Uruguay significantly stronger but still vulnerable to Argentina, says Fitch

Argentine FDI flows into Uruguay since 2007 has somewhat replaced the accumulation of deposits in Uruguayan banks

While Uruguay's current financial position is significantly stronger than in the early 2000s when its economy suffered from the effects of the Argentine crisis, a severe downturn in Argentina could still have an important impact on Uruguay's economy through a variety of transmission channels, according to a new special report published by Fitch Ratings.

Wednesday, April 9th 2014 - 06:27 UTC

Another case of “lynching” in one of Buenos Aires most posh neighborhoods

The purse snatcher ended up in hospital while his accomplice fled on the motorbike

A purse snatcher on a motorcycle ended in hospital terribly beaten up by furious neighbors from one of Buenos Aires City most posh boroughs caught him after committing the crime. A woman police on the beat had to rescue the robber from the lynching crowd until other officers arrived.

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