Uruguay

Uruguay
Wednesday, March 19th 2014 - 07:07 UTC

Mercosur has been 'a good deal' for Uruguay, 'it could have been better'

Mujica admitted that all the 'added value' of Uruguayan exports is sold in the region

President Jose Mujica said that Mercosur even with all its problems “has been a good deal” although it “could have been better”, and it is imperative that the group signs trade agreements with Europe and China, which has become the main trade partner of the region.

Tuesday, March 18th 2014 - 06:41 UTC

Unasur delegation begins dialogue-contacts next week to help with Venezuelan situation

Uruguayan foreign minister Luis Almagro made the announcement in Montevideo

Uruguayan foreign minister Luis Almagro confirmed that next week a delegation from Unasur (Union of South American Nations) will be ready to sponsor dialogue and help de-compress the situation in Venezuela as was agreed at the recent foreign ministers meeting held in Santiago de Chile when the inauguration of president Michelle Bachelet.

Saturday, March 15th 2014 - 08:25 UTC

Despite inflation Astori argues that cutting government spending is not the solution

The Uruguayan Vice-president insists that government spending is needed to finance infrastructure and social policies

It is a mistake to blame government expenditure for the increase of prices, as is the concept that inflation can be defeated by cutting government spending, said Uruguayan Vice-president and economist Danilo Astori, who argued that in many cases these funds are essential to finance public investments and social policies.

Saturday, March 15th 2014 - 08:13 UTC

Uruguay combats inflation with price agreements and reducing taxes on public utilities rates

Minister Bergara was present at the final meeting which sealed the agreement

The Uruguayan government finalized on Friday a prices agreement with commerce and trade organizations to help bring down the third highest inflation of the region which is advancing at an almost two-digit pace. The package is to be completed with government fiscal 'sacrifice' such as the elimination of taxes on some public utilities rates.

Friday, March 14th 2014 - 09:00 UTC

Farm land sales in Uruguay last year totaled a record 1.3bn dollars

The average hectare price was 3.519 dollars but the best land sold at over 6.500 dollars

Farm land sales in Uruguay totaled a record 1.3bn dollars in 2013, involving 1.868 operations and 370.927 hectares, which is 10% more than in 2012, according to the Ministry of Agriculture, Livestock and Food ministry's Stats Office, DIEA. Uruguay's farmland covers approximately 17 million hectares and the most dynamic buyers are the pensions funds, says the report.

Thursday, March 13th 2014 - 22:51 UTC

UK prefers to discuss Malvinas with Massa or Macri says Swire, according to Telam

Foreign Secretary minister Hugo Swire was interviewed by Telam in Montevideo

British Minister of State for the Foreign Office Hugo Swire has stated London would rather sit at the negotiating table with Argentine opposition presidential hopefuls Sergio Massa or Mauricio Macri to discuss Falklands/Malvinas Islands sovereignty.

Thursday, March 13th 2014 - 05:52 UTC

Falklands, trade, Mercosur/EU, oil and gas, in Swire's agenda in Uruguay

Foreign Office minister Swire with Vice-president and acting president Danilo Astori (Pic by Dpto Fotografia del Parlamento)

Bilateral trade, Mercosur/EU talks, oil and gas cooperation, and Falkland Islands, plus some audacious comments on the coming World Cup match Uruguay/England, were some of the issues addressed by Foreign Office minister for Latin-American Hugo Swire during his one day visit to Uruguay on Wednesday.

Tuesday, March 11th 2014 - 06:19 UTC

UN anti-drugs chief says 'legalization' is not a solution and points to Uruguay

Yury Fedotov questions Uruguay's legalization because it is not fully in line with drug control provisions

Legalization will not solve the world's narcotics problem, the UN anti-drugs chief said on Monday, indicating disagreement with a decision by Uruguay to allow the growing, sale and smoking of marijuana.

Tuesday, March 11th 2014 - 05:52 UTC

A '99% chance' that Venezuela's Maduro visits Uruguay later this week

Foreign minister Luis Almagro anticipated the possibility of such a visit to parliament last month

Despite strong criticism from the opposition the Uruguayan government said it is prepared to receive Venezuelan president Nicolas Maduro on an official visit, and there is a 99% chance that this could occur next Thursday, said foreign minister Luis Almagro.

Monday, March 10th 2014 - 05:57 UTC

Alejandro Zaffaroni, Uruguayan biochemist developer of the birth control pill, dies at 91

Dr. Zaffaroni was awarded the National Medal of Technology and Innovation in 1995.

The following is an obituary published in The New York Times to honor a Uruguayan born scientist, graduated in Montevideo's Medicine School, who in his long career in the US is credited with having developed the birth control pill and the nicotine patches among other biotechnological advances.

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