With a budget of 100 million dollars, construction of the 35-story building may start in June next year and be finished by 2020, it was announced by the same developers in charge of the residential project in Punta del Este under the name of next President of the United States.
Losses increase from US $ 9 million by mid year to US $ 14 million in September due to contraction of domestic demand, the fall in international prices and the percentage of ethanol cut in gasolines.Carboclor, ANCAP's subsidiary in Argentina, shows no sign of recovery in its most recent balancesheet as production fell below normal levels caused by financial shortcomings which in turn led to a decrease in the inflow of raw materials to the refinery in Campana in the province of Buenos Aires. Shutting down the plant for 25 days is being considered as a partial solution.
The Government of the Falkland Islands and the British Embassies in Uruguay, Brazil and Chile invited university students to participate in this regional competition to win the chance to visit the Falklands for a week, all expenses paid.
Latin American Wings (LAW) and the Uruguayan company reached an agreement whereby the new owners will keep 50% of the current staff, government authorization pending. Alas Uruguay and the Chilean airline Latin American Wings (LAW) reached a framework agreement on Thursday as the first step towards integration, it was announce in Montevideo.
The former Uruguayan President came up with a word that says it all: Help! during a radio interview. Tabaré Vázquez to wait for official results to be released.Former Uruguayan President Jose Mujica, in Rome to attend the third World Meeting of Popular Movements made those remarks during a radio appearance. Mujica had expressed his preference for Hillary Clinton.
Uruguayan Businessman Edgardo Novick Monday registered this new political grouping Party of the people before the Electoral Court in Montevideo to run in the national elections of 2019.
Uruguay's president Tabare Vazquez met with the former president of Brazil Dilma Rousseff and Illustrious visitor of Montevideo at the official presidential residence in Suarez. Rousseff arrived in Montevideo on Thursday and displayed an intense political agenda on Friday which culminated on Saturday with her meeting with Vazquez.
The Uruguayan Football Association, AUF, decided on Friday to suspend all soccer activities of the weekend including the main league matches, following the death of a supporter from Pe;arol, one of the leading teams of the country who has been shot and seriously wounded in late September by fans from the other big club of the country, Nacional.
Brazilian ex president Dilma Rousseff is in Uruguay, her first overseas visit since Congress voted her impeachment and removal from office. The leader is scheduled to participate on Friday in a march in downtown Montevideo with Uruguayan unions protesting salary conditions and will also be received at a special ceremony in the town hall where she will be given the keys of the city by mayor Daniel Martinez.
Chilean airline LAW (Latin American Wings) had submitted a letter of intent on Friday and now it intends to go ahead with the talks. Company representatives are expectd to arrive in Montevideo on Thursday to hold meetings with Alas Uruguay authorities and with the Transport and Public Works Minister Victor Rossi.