Friday, June 4th 2010 - 05:05 UTC

Bernanke raises concern over persistent high unemployment

US Federal Reserve chairman

Lending to small businesses inn the United States is declining, thus making it more difficult to come to grips with the persistent problem of high unemployment, admitted Federal Reserve Chairman Ben Bernanke.

Thursday, June 3rd 2010 - 06:30 UTC

Mujica and CFK agree to implement bilateral monitoring of the River Uruguay

The Argentine and Uruguayan presidents at Uruguay’s presidential farm residence in Colonia

Uruguay and Argentina pledged Wednesday to advance in a wide ranging 27-point agenda but most important to work within a 60-day scheme to perform a bilateral monitoring of the shared river Uruguay, where the construction of a pulp mill on the Uruguayan side soured bilateral relations for several years.

Saturday, May 29th 2010 - 05:19 UTC

Montevideo, Buenos Aires, most liveable cities of South America

Pleasant and liveable Pocitos beach in Montevideo

According to the 2010 World Ranking of Mercer's Quality of Life, Buenos Aires, Montevideo and Santiago are the best major cities in South America to live although they compare poorly with the top ten mostly from Europe, Canada, NZ and Australia.

Saturday, May 29th 2010 - 01:47 UTC

Brazil calls on South America to have its own military dissuasive capacity

Brazilian defence minister Nelson Jobim and Uruguayan counterpart Luis Rosadilla

South America must recover its military dissuasive capacity so it can say ‘no’ when necessary said Brazilian Defence minister Nelson Jobim following a meeting this week in Montevideo with his Uruguayan counterpart Luis Rosadilla.

Wednesday, May 26th 2010 - 06:30 UTC

Government plans taxing overseas assets of residents in Uruguay

Economy minister Fernando Lorenzo

Uruguay is planning to tax deposits and other assets held overseas by residents in the country. The bill which has been drafted and promises to be controversial is expected to be sent for legislative consideration in coming days announced Economy minister Fernando Lorenzo.

Tuesday, May 25th 2010 - 10:26 UTC

Argentina’s Soy King praises Uruguay and its farming revolution

Gustavo Grobocopatel said farming is the right business at the right place

Gustavo Grobocopatel also known as the Soy King of Argentina praised Uruguay’s conditions for corporate growth and said the country in the last seven years has undergone “revolutionary changes”.

Saturday, May 22nd 2010 - 07:14 UTC

“I’d rather fix the blocks on trade than the bridge pickets”, says Mujica

The Uruguayan president was 75 this week, “one day less in my personal clock”

Uruguayan President José “Pepe” Mujica was ironic Thursday when asked about the current roadblock on the Gualeguaychú-Fray Bentos border-crossing bridge with neighbouring Argentina (in place for over four years now) and asked whether he should “spit Argentina in the eye,” while explaining he is more focused on trade blocks than road blocks.

Friday, May 21st 2010 - 02:28 UTC

Growing concern in Uruguay with Brazilian delay in FMD vaccination timetable

Top quality beef is one of Uruguay’s main export items

Uruguay is concerned that in neighbouring Rio Grande do Sul, one of Brazil’s breadbaskets and famous for livestock breeding, the vaccination campaign against foot and mouth disease remains disturbingly delayed.

Friday, May 21st 2010 - 02:25 UTC

Spanish bank takes leading position in Uruguay’s private financial sector

Vicente Rodero BBVA director for Latinamerica.

One of Spain’s largest bank BBVA is waiting for the final approval from Uruguay’s central bank to disburse 100 million US dollars for the acquisition of France’s Credit (Agricole) Uruguay said Vicente Rodero BBVA director for Latinamerica.

Friday, May 21st 2010 - 01:31 UTC

Uruguay’s rice harvest reached 1.15 million tons; good prospects for next crop

The total area planted with rice was 161.900 hectares

Uruguay’s 2010 harvest of clean, dry rice reached 1.15 million tons with an average yield per hectare of 7.094 kilos. Total area planted was 161.900 hectares according to Uruguay’s Ministry of Agriculture Statistics Office.


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