Uruguay

Uruguay
Monday, May 6th 2013 - 00:54 UTC

Mujica wants to meet Pope Francis: social programs, housing and abortion in the agenda

Will Mujica manage a photo with the spontaneous Argentine Pope?

Uruguay has formally requested Pope Francis to receive President Jose Mujica when he travels at the end of the month to China, Spain and Italy. Mujica is an agnostic and Uruguay is one of the few Latinamerican countries in which the Catholic Church has been separated from the State for almost a century.

Monday, May 6th 2013 - 00:34 UTC

Uruguayans on average have to work 128 days a year to pay their taxes

Tax-free day in Uruguay this year arrives on 8 May

Uruguayans on average work 128 days, over a third of the year to pay taxes, according to a report from a local lobby group based on the “Tax-free day” which supposedly marks the end of the time dedicated to contribute to the treasury.

Monday, May 6th 2013 - 00:28 UTC

Maduro visits Uruguay on his first overseas trip since becoming elected president

The Venezuelan leader will be meeting Mujica and former president Tabaré Vazquez

Venezuelan president Nicolas Maduro begins next Tuesday an official one visit to Uruguay when he will be meeting with head of state Jose Mujica and former president Tabare Vazquez.On Wednesday he plans to fly to Argentina and the following day, Brazil.

Saturday, May 4th 2013 - 10:03 UTC

Uruguay admits trade and economic relations with Argentina ‘couldn’t be worse’

Astori said that “each day we face an additional difficulty which represents a serious loss for Uruguay”

Vice-president Danilo Astori admitted on Friday that economic-trade relations with Argentina continue to deteriorate and seriously question Mercosur and Uruguay must therefore speed the search for other alternatives.

Thursday, May 2nd 2013 - 08:03 UTC

Where is Uruguay’s economy headed?

Claudio Loser, “Uruguay has become a small diamond in a rocky landscape”

Fitch Ratings in March joined two other major ratings agencies in giving Uruguay its coveted investment grade, a move that lowers the nation’s borrowing costs and opens up opportunities for new investors.

Wednesday, May 1st 2013 - 02:18 UTC

Unpleasant surprises for the Uruguayan economy predicts a US financial group

Economist Walter Molano anticipates a quick deterioration when the influx of capital reverts

A serious deterioration is taking place under the surface of the Uruguayan economy and when the current inflow of foreign capital reverts, the country is going to suffer unpleasant shocks with a strong rise in the price of the US dollar and an increase in inflation, according to a report from the US based BCP Securities.

Wednesday, May 1st 2013 - 00:33 UTC

Uruguay’s Figueredo replaces Leoz as president of CONMEBOL until 2015

The new president as his predecessor has a record of good and not so good actions

Uruguay’s Eugenio Figueredo was officially appointed president of the South American Football Confederation (CONMEBOL) in succession to Nicolas Leoz on Tuesday. He is the third Uruguayan to occupy the post.

Saturday, April 27th 2013 - 04:44 UTC

Uruguayans hold 7.18bn in overseas deposits, according to BIS

Transfers dropped in the last quarter but in the twelve months increased 487 million dollars

Deposits of Uruguayans in overseas banks experienced a drop in the last quarter of 2012, the second consecutive fall (3%), and now stand at 7.18bn dollars according to preliminary data released by the Bank for International Settlements.

Thursday, April 25th 2013 - 21:26 UTC

Uruguay GM lambs which have a luminescence reaction when exposed to UV conditions

One of the nine GM ‘luminous’ lambs reacts with green fluorescence

Uruguay has a ‘flock’ of nine six-month ‘brilliant’ lambs which behave as any other sheep but are really genetically modified and are planned to help with medicine research. They were born in a farm belonging to the Animal Reproduction Institute of Uruguay (Irauy) a non profit organization connected to the Genetically Modified Animals Unit from the Pasteur Institute, a branch in Montevideo of the renowned French scientific organization.

Tuesday, April 23rd 2013 - 06:40 UTC

England confirms three rugby matches in Uruguay, Argentina tour

Head Coach Lancaster said: “Argentina is a formidable rugby nation

England will play three matches on their tour to Argentina and Uruguay this coming June, announced the Rugby Union in England. Stuart Lancaster’s side will face a CONSUR XV representing the South American nations in Montevideo, Uruguay, on Sunday, June 2 (3.30pm local time, 7.30pm BST).

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