Uruguay

Uruguay
Tuesday, September 1st 2009 - 12:51 UTC

Uruguayan navy arrests Argentine poachers few miles from Montevideo

The vessels had 90 tons of yellow croaker a common and abundant species in the River Plate

Two Argentine vessels illegally fishing in Uruguayan waters were arrested over the weekend by a fisheries patrol from the Navy. The vessels had 90 tons of yellow croaker in their holds.

Tuesday, September 1st 2009 - 12:42 UTC

Surprise move: President Vazquez most trusted advisor Defence minister

Gonzalo Fernandez, a “dream team” advisor in a devalued ministry

With only two months left for Uruguay’s October general election President Tabare Vazquez, as had been anticipated, reshuffled his cabinet which included a major surprise: his main advisor and most trusted man was moved from Foreign Affairs to the ministry of Defence.

Tuesday, September 1st 2009 - 12:36 UTC

Four state-of-the-art Post Panamax portico cranes arrive in port of Montevideo

The huge cranes were transported from Shanghai is a special vessel

The Port of Montevideo has taken delivery of four state-of-the-art portico cranes, giving it the most advanced equipment of its type in Latin America and marking a further step in the effort to position it as the region’s leading seaport, the port operations company said.

Friday, August 28th 2009 - 20:04 UTC

Independent pollster forecasts opposition hopeful as next Uruguayan president

According to pollster MPC, the next Uruguayan president, Luis Alberto Lacalle

“Unless we face an abrupt and overwhelming change in the vote tendency of the majority of Uruguayans, the next president of the country will be the opposition National Party candidate, Luis Alberto Lacalle”, according to independent pollster MPC.

Thursday, August 27th 2009 - 15:56 UTC

Uruguayan Independence Day in New York City

For many Uruguayans living in the New York area, the 25th August is not only an important day to remember their origins, but also a day to meet old and new friends, alike.

Wednesday, August 26th 2009 - 08:48 UTC

US couple picks Uruguay for their property investment

US-based entrepreneur Steve Bowman and his wife, Chris, looked in Panama and researched other tropical locales before they bought property in Piriápolis, Uruguay’s old resort town, 18 months ago. Their reasons for choosing Uruguay included the country’s stability and relatively unspoiled coastline, as well as the friendly people.

Tuesday, August 25th 2009 - 15:12 UTC

Uruguayan operators optimistic about the coming cruise season

At least 70 calls in Montevideo have been confirmed

Uruguayan cruise operators believe the coming season could unveil some interesting surprises in spite of the global recession. The fall in value of the US dollar compared to the strength of the Euro and Latinamerican currencies could see a drastic change in the nationality of visitors with Europeans and Latinamericans compensating the US deficit.

Tuesday, August 25th 2009 - 02:47 UTC

Opinion poll confirms a run-off in Uruguay’s October presidential election

Mujica and Astori lead but 50% of the vote still seems quite distant

The Uruguayan ruling coalition Broad Front seems to have recovered momentum and leads in public opinion polls with 44% vote intention, although the opposition is still ahead with 47%, according to the latest survey published Monday in one of Montevideo’s dailies.

Friday, August 21st 2009 - 11:22 UTC

Uruguay forecasted to fall 0.8% this year and expand 1.5% in 2010

“Dollarization” and “rigidities” remain specific challenges for Uruguay’s economy.

Uruguay is forecasted to contract 0.8% in 2009 and rebound 1.5% next year according to chief economist for South America from the Spanish banking group BBVA, Joaquín Vial

Wednesday, August 19th 2009 - 12:46 UTC

Clear and reliable rules of the game, Uruguay’s main asset

Uruguay remains as a most attractive country for Argentine investors because of its business opportunities, logical taxing system and absence of export levies plus its geographical closeness, according to Luis Bonetto Argentine investment advisor and expert in agriculture.

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