In the first four months of this year (high season in the southern hemisphere) Uruguay hosted 910.597 tourists who on average stayed nine days (spent over 800 USD per capita) totalling an estimated income of 744 million US dollars, according to Uruguay’s Deputy Secretary of Tourism and Sports Lilian Kechichian.
An Argentine federal Judge confirmed that the government should “guarantee the free circulation” of the bridge that links the Argentine city of Gualeguaychú with the Uruguayan city Fray Bentos.
The Uruguayan government plans a more active role in the foreign exchange market with the purpose of boosting exports competitiveness that have been suffering from the sliding depreciation of the US dollar.
The value of Uruguay’s meat exports in the first five months of 2010 totalled 613million US dollars which represent a 33% increase over the same period a year ago, according to the latest data from the National Meats Institute, Inac.Of those 631 million USD, 81% correspond to beef and 5% to lamb and mutton.
Argentina’s Supreme Court president Ricardo Lorenzetti said that the blockade by Argentine pickets impeding, since 2006 crossing to neighbouring Uruguay, to protest the construction of a pulp mill, is “unsustainable”.
Uruguay’s consumer prices rose in May at the slowest pace in six months amid falling costs for entertainment, transport and communication, according to the national statistics institute, INE. However the accumulated of the last twelve months is above target.
KallosTurin Architects have won an international award from the Royal Institute of British Architects, RIBA, for the design and construction of two farm houses in an environmental friendly residential development in one of Uruguay’s most fashionable resorts.
Uruguay plans to sell about 1 billion US dollars of bonds next year, including 500 million of dollar- denominated debt, said Carlos Steneri, director of public credit at the Ministry of Economy and Finance.
Eurofruit Congress Southern Hemisphere, the annual conference and exhibition event for the region's fresh produce industry, is coming to Uruguay for the first time on 1-3 December.
Uruguayan president Jose Mujica, 75, formally declared to the Transparency and Public Ethics commission that his entire wealth amounts to a 1987 Volkswagen Beatle valued at about 1.900 US dollars.