According to the latest figures published by the Spanish government there are 86.601 Uruguayans living in that country (44.314 men and 42.287 women) of which 25.761 have Spanish citizen status. However there are another 10 to 15.000 who are undocumented and therefore could be included in the recently approved EU return directive.
For the sixth week running the US dollar has depreciated againts the Uruguayan peso in the local Money market accumulation a loss of 9.98%. In the 26 weeks of 2008, the Uruguayan peso has increased during 19.
The debate on land concentration and the so called (financial) soybean pools, which is currently one of the main issues behind the Argentine farmers' conflict, has reached Uruguay where apparently the oil seed boom is rapidly displacing dairy farms.
Uruguay and Panama signed on Monday several cooperation agreements during the official visit of Uruguayan President Tabare Vazquez to the Central American country, the first leg of a tour that will also take him to Cuba and Mexico.
New Zealand rural services company PGG Wrightson continues to expand in South America. The NZX-listed company announced the purchase of a 51% stake in Romualdo Rodriguez , a Uruguay-based livestock, wool and rural real estate business.
Boosted by strong exports of agricultural commodities and domestic demand for communications services the Uruguayan economy expanded 10.9% in the first quarter of this year, compared to the same period a year ago.
In spite of the good performance of the Uruguayan economy academics and former ministers have warned that given the expansion of public spending and subsidies to alleviate energy prices, the government is running out of fiscal margin in the event of a contingency.
Dozens of dead penguins and others alive but with traces of oil appeared over the weekend along the east of Uruguay according to a marine life conservation non government organization.
Uruguay hopes to attract the interest of global oil corporations when it makes a first tentative presentation of recent seismic survey data from its continental shelf next Thursday at the European Association of Geoscientists and Engineers meeting in Rome.
Exports from one of Mercosur's junior members Uruguay could reach ten billion US dollars this year, a considerable hike from the 6.8 billion of 2007 and the original official estimate of above 9 billion US dollars, according to sources from the Ministry of Economy.