Uruguay

Uruguay
Thursday, July 17th 2014 - 06:30 UTC

Uruguay fisheries exports reach 33.921 tons in first half of the year

Hake and croaker were the main export items

Uruguay fisheries exports during the first half of the year reached 33.921 tons, which represent a 13.2% increase over the same period a year ago, while in money terms sales totaled 76.6 million dollars, up 17.7%, according to the latest release from Aquatic Resources National Office, DINARA, published in the official government portal.

Monday, July 14th 2014 - 23:26 UTC

Uruguayans believe government is on the right track, but performance is missing

President Mujica governments on course, but results are very poor

A majority of Uruguayan believe the current government is on the right course but its performance is not satisfactory, according to a local public opinion poll from FACTUM. In effect seven out of ten agree with the course but the same percentages believe the performance is bad.

Monday, July 14th 2014 - 23:22 UTC

Uruguayan diplomat's Oxford experience with a Chevening scholarship

The experience was overwhelming from the start, said Laura Silva

Laura Silva has just returned to Uruguay after successfully completing her Diplomacy Master’s degree in Oxford, sponsored by a Chevening scholarship. The following is a piece Ms Silva wrote about her experience at Oxford University.

Saturday, July 12th 2014 - 11:45 UTC

New state of the art bulk terminal in port of Montevideo in support of Nueva Palmira

Nueva Palmira port  is strategically located but has a shallow 10-meter draught, low loading speeds and around a 90% utilization rate

The Greek ship-owning Laskaridis family is investing in a new 100m dollars state-of-the-art grain and wood pellet terminal in Montevideo, Uruguay, adding to the already considerable Greek shipping presence in the country, reports London's Trade Winds.

Friday, July 11th 2014 - 06:06 UTC

Majority of Uruguayans disapprove receiving US prisoners from Guantanamo military base

Mujica and Obama agreed that Uruguay would take six prisoners as refugees. However it all depends on the US Senate

A majority of the Uruguayan population does not approve receiving US prisoners from the US Guantanamo Base, a decision adopted by the government of President Jose Mujica to help support the US government in closing the 9/11 jail for terrorists, according to a public opinion poll released on Thursday.

Friday, July 11th 2014 - 01:37 UTC

Uruguay central bank admits inflation remains the main concern and pledges monetary contraction

The Central bank said it has an 8% monetary supply convergence target in the near future

Uruguay's Central bank confirmed that inflation remains the leading challenge and ratified the current monetary contractive policy with the M1 money supply index converging to 8% from its current 10.4%, in a 'not too distant horizon'.

Thursday, July 10th 2014 - 21:36 UTC

FIFA rejects Suarez appeal presented by the Uruguayan Football Association

Suarez initially denied biting Chiellini but apologized nearly a week later.

Uruguay forward Luis Suarez, banned from all soccer activity for four months and nine competitive internationals for biting Italy defender Giorgio Chiellini during a World Cup match, has lost his appeal, FIFA said.

Tuesday, July 8th 2014 - 00:08 UTC

IDB loan to help Uruguay with mathematics and English learning at schools

The Plan Ceibal II content supports education in mathematics and English in Primary and Middle Schools

The Inter-American Development Bank (IDB) has approved a 6 million dollars loan to Uruguay to finance the Plan Ceibal II (digital content), which will help to strengthen mathematics learning by 90,000 primary and middle school students and extend English teaching to half of all 4th, 5th and 6th graders in urban public primary schools.

Monday, July 7th 2014 - 07:26 UTC

Uruguay Vice-president and Latam UN ambassadors claim US justice took sides

Astori said that the current situation is a disastrous precedent for countries wishing to comply with debt commitments

Latin American ambassadors to the United Nations (UN) and Uruguay's Vice-president Danilo Astori showed their support to Argentina in its dispute against holdout hedge funds. They agreed that the so-called 'vulture funds' are a risk to debtor nations and that they pose a threat to the region.

Saturday, July 5th 2014 - 09:13 UTC

Uruguay's inflation index for June slightly down: 9.08% in twelve months

July could be a month of surprises but the power company, government owned has anticipated rates will be down 5.5% because of abundant rainfall

Uruguay's inflation index experienced a slight deceleration during the twelve months to June, from 9.18% in May to 9.08%, basically because of cheaper fresh food, frozen public utility rates including fuel, while a stabilized exchange rate for the US dollar with a strong Peso, helped with imported goods.

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