Tag: Uruguay
UruguayBrazil non automatic import licences on blankets from China and Uruguay
Brazil announced it was imposing non automatic import licences on synthetic fibre blankets from Paraguay, Uruguay and China, according to an official communiqué from the Brazilian Ministry of Development, Industry and Foreign Trade released Tuesday.
Support for Uruguay president drops to 41%, down from 75% when taking office
Support for Uruguayan president Jose Mujica dropped to 41%, nine percentage points less than last March and 34 points down from when he took office in March 2010, according to an Interconsult public opinion poll published Monday in one of Montevideo’s dailies.
Major setback for President Mujica and for the Uruguayan ruling coalition
The administration of Uruguayan president Jose Mujica suffered a major setback over the weekend and could experience a further showdown on Thursday when members of the ruling coalition vote in Parliament the annulment of an Amnesty or Crimes expiration law which impedes the investigation of human rights violations committed during the country’s military dictatorship (1973/1985).
Mercosur has a surplus production of three million tons of rice
Uruguay which does not harvest transgenic rice has been consolidating as a growing European Union supplier and is a traditional provider for Mexico and Middle East countries such as Iran and Iraq.
Killing of bank guard unveils Uruguay’s dilemma with expanding insecurity
Activities in Uruguay’s private bank branches were partially altered Thursday following the killing earlier in the week of a security guard during a robbery attempt. This was the seventh bank robbery since the beginning of the year and triggered a controversy between the banks and the Ministry of Interior.
Argentines no longer the world’s king “beef consumers”
Argentines are no longer the king ‘beef-consumers’ with the average 63.3 kilos per person per year in the 2003/2010 period falling to 46.7 kilos in the first quarter of this year, according to Economia & Regiones private consultancy report.
FDI in Uruguay has soared in last five years and reached 1.6 billion USD in 2010
Foreign direct investment, FDI, in Uruguay during 2010 reached 1.627 billion US dollars which represents a 29% increase over 2009 and puts the country among the top six FDI recipients in South America and eighth in the region, according to the latest report from the UN Economic Commission for Latin America and the Caribbean, ECLAC.
Uruguay and United Arab Emirates sign an open skies agreement
A visiting delegation from the United Arab Emirates, UAE, signed this week an ‘open skies’ air services agreement with Uruguay.
Uruguayan inflation eases in April but still is almost double the annual target
Uruguay’s April consumer inflation, 0.34%, the lowest since last November came as a relief for government authorities, but the accumulated rate of the last twelve months was 8.34%, well above the Central bank 4% to 6% target. Furthermore compared to April 2010 inflation was almost double: 0.18% vs 0.34%, according to the country’s Statistics Institute, INE.
Montevideo apartment prices surged 22% over the year, says Global Property Guide
With Uruguay’s economy growing at 8.5% in 2010 and managing to skip the 2009 slowdown with a 2.86% expansion, the housing market in the capital Montevideo is going through an excellent moment according to Global Property Guide based on info from local appraisers.
