The comprehensive Double Taxation Convention between Uruguay and the United Kingdom has taken effect from 1 January 2017.Add your comment!
Last December, the CPI actually contracted 0.55%, something similar to what happened twelve months before helped by a significant decrease in the power rate, estimated at 19.65% and which benefitted over a million clients. The logo of the end of the year bonus campaign is “Ute Prize” (UTE is the Uruguayan power company which works under a government monopoly regime).6 comments
Uruguay and Argentina have imposed a hake catch ban in the shared fishing zone of the River Plate until the end of March, and also established a full twelve month catch of 50.000 tons.
At least 19 people injured one of them seriously, was the result of the summer storm with winds of up to 120km that struck the Uruguayan capital Montevideo, and the eastern coast line to almost the border with Brazil, some 350kms away. The report from the national Healthcare system, SAME, said that most patients are from Montevideo and three from the adjoining seaside resorts.
The International Monetary Fund (IMF) on Thursday raised its forecast for economic growth in Uruguay this year to 0.7%, a substantial increase from the 0.1% estimated in October, and underlined the country's resilience to the problems of its neighbors Argentina and Brazil.
Unemployment in Uruguay in October fell to 7.1% and marked the lowest monthly record of the year, according to data published on Tuesday by the National Statistics Institute (INE). In September this index was at 8.4% and a year ago, in October 2015, at 8.5%.
Singapore has come top of the class in the Organisation for Economic Co-operation and Development's (OECD) latest global education survey, with the Asian city-state's students the highest performing in tests on basic academic skills. Japan came in second in the OECD's survey, followed by Estonia, Taiwan and Finland. Japan and Canada, which came seventh, G7 nations fell lower in the data.
A historic lawsuit loss to Uruguay over tobacco-related cancer damages and other technological developments have Philip Morris focusing on new alternatives. I think the time will come when we will have enough acceptance of these alternative products to begin to propose, along with the governments, a gradual elimination of conventional cigars, the company CEO Andre Calantzopoulos announced.
Uruguay's derby between Peñarol and Nacional was called off on Sunday after fans clashed with police in and around the Centenario stadium, while cooking gas carafes were dropped from the stands against officers injuring several. An estimated 150 hooligans were finally arrested by riot policy with horses and dogs and the match was suspended when the police said it could not guarantee the safety of players and people at the stadium.
Uruguay will expand sewage and rainwater drainage systems in Montevideo and improve management of City Hall's sanitation system thanks to a US$60 million loan approved by the Inter-American Development Bank (IDB). The money represents the second stage of a line of credit that the IDB approved for investment projects in December 2006.