Uruguay

Uruguay
Tuesday, July 22nd 2014 - 09:05 UTC

Mercosur was not created to become a fortress of 'hyper-protectionism'

Sanguinetti said that Mercosur can't be locked by tariffs for Brazilian manufacturing or Argentina's ports' hegemonic policies

Former Uruguayan president Julio Maria Sanguinetti and founder of the Montevideo Circle Foundation said Mercosur was not created to become a fortress of hyper protectionism but rather to promote competition and integration with flexibility. Sanguinetti participated in a round of conferences of the Montevideo Circle Foundation in Paraguay.

Monday, July 21st 2014 - 07:14 UTC

Mujica recalls Uruguay's participation in the Triple Alliance major genocide

 Francisco Solano Lopez the Paraguayan leader who fought an unwinnable war

President Jose Mujica underlined the strong identity of Uruguay with the Paraguayan people, but also recalled no the “immense debt that we never settled or will we ever be able to settle for having participated in the War of the Triple Alliance”.

Saturday, July 19th 2014 - 07:15 UTC

FIFA's calendar of world cups: US in 2026 and Uruguay/Argentina 2030?

The Centenario stadium where the first world Cup was played and won by Uruguay 4-2 against Argentina

Two strong favourites have emerged to host the 2026 and 2030 World Cups. The UK is hopeful that they can follow Russia 2018 and Qatar 2022 and bring the cup to the country for the first time since 1966.

Friday, July 18th 2014 - 07:32 UTC

US confirms six Guantanamo prisoners will be transferred to Uruguay

The jail in Guantanamo still holds over 140 prisoners from the war on terrorism launched by former president George W. Bush

President Barack Obama's administration has discretely notified Congress of its intention to transfer to Uruguay six prisoners from the U.S. base in Guantanamo, Cuba, according to the State Department.

Thursday, July 17th 2014 - 06:30 UTC

Uruguay fisheries exports reach 33.921 tons in first half of the year

Hake and croaker were the main export items

Uruguay fisheries exports during the first half of the year reached 33.921 tons, which represent a 13.2% increase over the same period a year ago, while in money terms sales totaled 76.6 million dollars, up 17.7%, according to the latest release from Aquatic Resources National Office, DINARA, published in the official government portal.

Monday, July 14th 2014 - 23:26 UTC

Uruguayans believe government is on the right track, but performance is missing

President Mujica governments on course, but results are very poor

A majority of Uruguayan believe the current government is on the right course but its performance is not satisfactory, according to a local public opinion poll from FACTUM. In effect seven out of ten agree with the course but the same percentages believe the performance is bad.

Monday, July 14th 2014 - 23:22 UTC

Uruguayan diplomat's Oxford experience with a Chevening scholarship

The experience was overwhelming from the start, said Laura Silva

Laura Silva has just returned to Uruguay after successfully completing her Diplomacy Master’s degree in Oxford, sponsored by a Chevening scholarship. The following is a piece Ms Silva wrote about her experience at Oxford University.

Saturday, July 12th 2014 - 11:45 UTC

New state of the art bulk terminal in port of Montevideo in support of Nueva Palmira

Nueva Palmira port  is strategically located but has a shallow 10-meter draught, low loading speeds and around a 90% utilization rate

The Greek ship-owning Laskaridis family is investing in a new 100m dollars state-of-the-art grain and wood pellet terminal in Montevideo, Uruguay, adding to the already considerable Greek shipping presence in the country, reports London's Trade Winds.

Friday, July 11th 2014 - 06:06 UTC

Majority of Uruguayans disapprove receiving US prisoners from Guantanamo military base

Mujica and Obama agreed that Uruguay would take six prisoners as refugees. However it all depends on the US Senate

A majority of the Uruguayan population does not approve receiving US prisoners from the US Guantanamo Base, a decision adopted by the government of President Jose Mujica to help support the US government in closing the 9/11 jail for terrorists, according to a public opinion poll released on Thursday.

Friday, July 11th 2014 - 01:37 UTC

Uruguay central bank admits inflation remains the main concern and pledges monetary contraction

The Central bank said it has an 8% monetary supply convergence target in the near future

Uruguay's Central bank confirmed that inflation remains the leading challenge and ratified the current monetary contractive policy with the M1 money supply index converging to 8% from its current 10.4%, in a 'not too distant horizon'.

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