Friday, October 2nd 2015 - 05:52 UTC

Uruguay and Argentina ban hake and squid captures in shared waters

In the case of hake, the fishing ban will last until 31 December while for the squid it will be valid until 30 April, 2016.

The Joint Technical Commission for the Maritime Front (CTMFM) announced a ban on hake (Merluccius hubbsi) and squid (Illex argentinus) capture in the Common Fishing Zone of Uruguay and Argentina as of Thursday October first.

Tuesday, September 29th 2015 - 06:28 UTC

Former president says “no way Uruguay can escape the impact of the Brazilian crisis”

“I can't see how Uruguay can escape the impact of the crisis in Brazil...Uruguay will have to find other markets”, stressed Fernando Henrique Cardoso

Brazilian former president Fernando Henrique Cardoso, (1995/2002) said that the serious economic situation faced by Brazil is very complex, will take time to overcome and most surely the impact will be felt in neighboring Uruguay, a country which must target other markets, other economic spaces.

Friday, September 25th 2015 - 05:59 UTC

“Let the private sector make business with Falkland/Malvinas, a blockade in the Americas is unacceptable” said lawmaker Trobo

Trobo was in London this week and met for over an hour with Foreign Office minister for Latin American affairs Hugo Swire (L)

Uruguayan lawmaker Jaime Trobo said that a blockade in the Americas was 'unacceptable' and called for closer links between the Falkland/Malvinas Islands and the continent, urging the private sector to take advantage of the business opportunities in trade and services.

Wednesday, September 23rd 2015 - 07:17 UTC

Uruguay pumps greenbacks to keep the US dollar rate on sliding stability

The Uruguayan central bank was forced to sell almost 65 million dollars to keep the US currency in the range of government's target

Uruguay's central bank was forced to sell almost 65 million dollars on Tuesday, the highest volume so far this year, to keep the US dollar from ballooning as fears of the collapse of the Brazilian economy are felt through the region. The dollar finally ended trading with a slight 0.12% increase at 28,826 Pesos to the greenback.

Tuesday, September 22nd 2015 - 10:14 UTC

With mediation of Uruguay and Ecuador border Colombia / Venezuela reopens

The talks -- facilitated by Correa and Uruguayan President Tabare Vazquez -- lasted five hours and also saw an agreement of “the situation on the border”

Colombia and Venezuela have agreed to restore diplomatic dialogue and oversee “progressive normalization” of their border, after a meeting between Colombian President Juan Manuel Santos and his counterpart Nicolas Maduro.

Tuesday, September 22nd 2015 - 06:02 UTC

The British Pavilion at the Expo Prado 2015: Best in Show

 British Pavilion at the Expo Prado 2015: Best in Show

More than 75,000 people visited the British Pavilion at the Expo Prado 2015 -the largest agro-industrial exhibition in Uruguay. The Pavilion was awarded first prize in the category “Best Embassy and Chamber of Commerce Pavilion” by the Uruguayan Rural Association, organisers of the Expo.

Saturday, September 19th 2015 - 07:32 UTC

Falklands stall at the Prado rural show “a great surprise and greater success”

“We are very satisfied, it has been a great surprise and greater success, and a very good initiative to participate in the rural show. Hopefully we will be back” said MLA Short

The UK GREAT pavilion at Uruguay's main agri-business exhibition in Montevideo received the top prize for its category while a stall from the Falkland Islands, tended to by Islanders, is estimated to have been visited by 10% of the more than half million visitors that attended the week-long Expo-Prado.

Saturday, September 19th 2015 - 06:44 UTC

Falklands: “thank you” to the people of Uruguay for being so warm, welcoming and supportive

“People were genuinely interested in the Falklands, wanted to know about us, our way of life, etc.; many of them already knew a fair bit about our Islands”

A business delegation from the Falkland Islands participated in Uruguay's main agri-business show at the Prado grounds with a stall in the British GREAT pavilion. The week attendance was described as 'surprising and successful' and Falklands lawmaker Gavin Short addressed an open letter thanking all those involved in helping with the Islands' presence.

Friday, September 11th 2015 - 10:34 UTC

Fed's rate decision next week: conflicting positions between US voters and EM central bankers

The poll found respondents want the Fed to do what it can to create more jobs and spur the sort of wage gains that have eluded much of the US

As the Federal Reserve gets ready to debate its interest rate policy stance next week, a poll released Thursday finds a strong majority of US voters surveyed want central bankers to refrain from boosting short-term interest rates, and to instead concentrate on using monetary policy to further boost the job market.

Monday, September 7th 2015 - 17:57 UTC

Prime beef for Uruguay's national rugby team Los Teros during the World Cup

INAC has a long established policy of supporting Uruguay's national football teams with prime beef; this time the support is extensive to Los Teros

Uruguay's national rugby team Los Teros which will be participating in World Cup in England later this year, will be provided with Uruguay's world-class prime beef to be supplied by the National Meat Institute of Uruguay, INAC.


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