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MercoPress, en Español

Montevideo, September 21st 2018 - 00:53 UTC

Uruguay

  • Thursday, May 17th 2018 - 09:10 UTC

    The dollar falls in Argentina while in Uruguay the rise “does not worry”

    After the rise, the currency was shown at 31.50 Uruguayan pesos for sale on the slates. However, he was flirting with the $ 32 during the previous day. (Photo: Sebastián Astorga)

    The recent rise of the dollar in Argentina had some impact in Uruguay, where it has an accumulation of 7.4% in May. However, for the president of the Central Bank of Uruguay, Mario Bergara, the escalation only owes 20% to the exchange rate in Argentina and rather considers that Uruguay is accompanying global trends.

  • Wednesday, May 16th 2018 - 19:54 UTC

    Uruguay is presented in London as main gateway to Latin America

    “Why Uruguay? Latin America’s Finest Business Gateway “, which will take place in the North Tower of Tower Bridge.

    The mission is being organized by Uruguay XXI, the investment, export and country brand promotion agency, along with the British Embassy in Montevideo, the British-Uruguayan Chamber of Commerce and with the support of the UK Department for International Trade. The trade mission will be present between May 14/18.

  • Friday, May 11th 2018 - 08:45 UTC

    Confucius Institute opens in Uruguay to celebrate 30 years of diplomatic relations with Beijing

    Retired Chinese architect and teacher Cheung-Koon Yim, 81, who emigrated to Uruguay in 1953, was tapped to run the institute in Montevideo

    A Confucius Institute recently opened in Uruguay's capital Montevideo, fulfilling a dream for promoters of Chinese culture and locals keen to learn more about China. The institute, a worldwide network that offers a window to Chinese culture through Mandarin (standard Chinese) language classes and other types of courses, opened in April, thanks to an agreement between Uruguay's University of the Republic (Udelar) and Qingdao University in eastern China's Shandong Province.

  • Wednesday, May 9th 2018 - 20:19 UTC

    US Dollar rises: Uruguay behind Argentina

    The exchange houses in the center of Montevideo today marked up to 31.70 Uruguayan pesos per dollar, a rise of 2.08% compared to Monday - the highest in five years. Photo: Sebastián Astorga

    After several days up in Argentina, the devaluation of the Argentine peso and the rise of the US dollar have had some impact on the other side of the River Plate, where the exchange houses of downtown Montevideo marked on Wednesday the value of the currency up to 31,70 Uruguayan pesos per dollar, a rise of 2.08% compared to Monday —the highest in five years—. For the Uruguayan government, the country follows the global trend and calls for calm, beyond the noise generated in Argentina, which is beginning a dialogue between the Finance Minister, Nicolás Dujovne, and the International Monetary Fund (IMF) in Washington.

  • Monday, May 7th 2018 - 20:24 UTC

    Uruguay: No position on the FTA with Chile after an official plenary

    Economy Minister Danilo Astori said that the government's opening policy is not supported.

    The plenary of the leftist coalition Broad Front concluded on Sunday with a motion that postergates de decision over the Free Trade Agreement (FTA) with Chile, defining to leave the decision on whether or not to support the agreement, delaying the debate to a future plenary whose date is not yet defined. The decision was voted after counting an erroneous sum of the votes in the first instance in which the motion to debate the issue in the plenary had won. However, the votes of the Communist Party of Uruguay (PCU) had been put on the wrong side.

  • Friday, May 4th 2018 - 08:38 UTC

    Falkland Landholdings: increase in production numbers and quality

    FLH General Manager Andrew Pollard in April attended the Merino Conference in Montevideo which also included a tour of farms and technology center

    An overall increase in production numbers and quality at Falkland Landholdings was reported by General Manager Andrew Pollard at the FLH Board meeting on March 27. Mr. Pollard in early April also attended the World Merino Conference held in Montevideo, an excellent opportunity to meet Uruguayan customers of Falklands' wool, sheep farmers from other countries and Peter Ackroyd, President of the International Wool Textile Organization, IWTO.

  • Friday, May 4th 2018 - 08:09 UTC

    Massive raid in Brazil, Uruguay and Paraguay after money laundering ring suspected of moving US$ 1.6bn

    Federal prosecutors in Rio said that arrest warrants were issued for 53 people, mostly black-market money changers, including six in Uruguay and Paraguay.

    Brazilian investigators conducted one of their largest operations against graft ever on Thursday, targeting a money laundering ring linked to powerful politicians and businessmen that moved some US$1.6 billion through offshore accounts in 52 countries.

  • Thursday, May 3rd 2018 - 08:44 UTC

    Uruguay´s soybean crop forecasted to drop 43% because of devastating drought

    Soybean production is forecast to drop to 1.7 million tons in 2017-18, according to an April 30 GAIN report from the U.S. Department of Agriculture.

    Due to the recent devastating drought, soybean production in Uruguay is forecast to drop to 1.7 million tons in 2017-18, according to an April 30 Global Agricultural Information Network (GAIN) report from the U.S. Department of Agriculture.

  • Friday, April 27th 2018 - 10:47 UTC

    Mujica supports the FTA with Chile: Piñera begins his commercial tour avoiding Uruguay

    Mujica said that before “a weakened Mercosur”, Uruguay has to look for alternative incentives to improve trade stability.

    While Chilean President Sebastián Piñera started a commercial tour in Brazil last Thursday, in which he avoids Uruguay because the Free Trade Agreement (FTA) with Chile is blocked in the Uruguayan Parliament since 2016, ex-president José Mujica explained that he supports the FTA with Chile in order to look for “the best incentives to ensure commercial stability.” The bench of former president Mujica and the communist party refuse to approve the commercial agreement.

  • Monday, April 23rd 2018 - 09:25 UTC

    British Academics delivered counterterrorism course in Uruguay

    Personnel from the Uruguayan, Brazilian, Chilean and Paraguayan armed forces, as well as the Argentine Gendarmerie attended the regional course.

    Two instructors from the Royal Military Academy Sandhurst gave a course on counterterrorism from 9-13 April at the Uruguayan Naval War College in Montevideo. The purpose of the course was to provide an introduction to the key principles of the fight against terorrism and its practical application through the British approach and the study of a wide range of contemporary cases.