While Zurich is considered the best city in the world to live in, Montevideo in Uruguay leads in Latinamerica followed by Buenos Aires and Santiago de Chile according to the Mercer Human Resource Consulting Quality of Living ranking of 215 cities taking New York as reference, with 100 points.
Uruguay sold this week 500 million US dollars in inflation-linked bonds denominated in pesos and due to mature in 2027, at a yield of 4.25% over inflation, said Economy Minister Danilo Astori.
Uruguay should not slam the door on Mercosur and on the contrary should argue in favor of a strategy of greater international insertion for the block recommended Francisco Panizza from the London School of Economics.
The Uruguay/Argentina controversy over the construction of pulp mills escalated another step Monday when the Finnish company Botnia, next to Uruguayan government officials, announced in Montevideo the plant would begin production next September, which is a month before presidential elections in Argentina.
China's largest domestic automaker announced Friday the opening of an assembly plant in Uruguay with an Argentine partner, marking the first investment by a Chinese company in an auto factory in South America.
Uruguayan and Argentine delegates will meet next April 18/20 in Madrid to address the ongoing pulp mill controversy, following on the dialogue facilitating efforts sponsored by the King of Spain at the end of last year.
An important delegation of Uruguayan businessmen will be traveling with President Tabare Vazquez to Chile next April 9/10 to promote bilateral trade and business between both countries, according to Montevideo sources.
Uruguay's economy expanded 7% in 2006 boosted by the communications and transport sectors according to the latest release from the country's Central Bank.
Uruguayan president Tabare Vazquez travels to Chile next April 9/10 to hold meetings with his counterpart Michelle Bachelet and to advance negotiations for a lower tariffs system between Mercosur and Chile, announced Tuesday Reinaldo Gargano, Uruguay's Foreign Affairs minister.
Uruguay and Argentina are set to resume talks over the pulp mills controversy towards the end of April in Spain and with King Juan Carlos at the table, according to Argentine diplomatic sources, reports the Buenos Aires press.