Uruguay

Uruguay
Thursday, May 21st 2015 - 07:27 UTC

Uruguay and Brazil summit to consider a more flexible Mercosur

“The presidents will discuss advances in the main bilateral integration projects and regional and multilateral issues, with emphasis on Mercosur”, said Brazil

Uruguayan president Tabare Vazquez will be meeting his peer, Dilma Rousseff in Brasilia this Thursday to address a dense bilateral agenda, and more specifically the workings and future of Mercosur, in search for a more flexible group, open to agreements with third parties.

Friday, May 15th 2015 - 07:53 UTC

Uruguay convinced Mercosur will be more flexible regarding trade accords with third parties

Uruguay believes there is a basic consensus to be more flexible in allowing Mercosur members to reach agreements with third parties, said Nin Novoa

Mercosur countries have reached a basic consensus to look for mechanisms that will allow individual members to negotiate trade agreements outside the block, announced Uruguay's foreign minister Rodolfo Nin Novoa, who has been leading a strong campaign (with Brazilian support) on the issue.

Wednesday, May 13th 2015 - 08:37 UTC

IDB 216m dollars loan for Uruguay to support construction of wind farms

Financing for the wind farms is partly supported by the China Co-financing Fund for Latin America and the Caribbean, created by Beijing

The Inter-American Development Bank (IDB) continues to support the expansion of renewable energy in Uruguay through two financial packages, totaling 216 million dollars, which were approved for the private sector to finance part of the construction of the Colonia Airas and Valentines wind farms and their related works.

Monday, May 11th 2015 - 10:16 UTC

Vazquez and Rousseff meeting will address Mercosur/EU trade negotiations

Mercosur members must have “the opportunity to reach bilateral agreements with other countries outside the region or other blocks”, said president Vazquez

Uruguay and Brazil presidents, scheduled to hold a bilateral meeting next 21 May in Brasilia will be addressing Mercosur issues, and advancing in the proposal that will allow the group's members to sign bilateral agreements with third parties not belonging to the region, thus avoiding the 'consensus' clause clamp.

Monday, May 11th 2015 - 08:47 UTC

Uruguay's local elections: no major number surprises but interesting changes in the political map

Daniel Martinez is the next mayor of Montevideo, which holds almost half of Uruguay's electorate

Uruguay Sunday's department and municipal elections resulted mostly as forecasted with no major surprises, and as advanced by MP 9 May, in the capital Montevideo, with half the country's electorate, the two promising candidates have effectively been the elected mayor, Daniel Martinez and Edgardo Novick, a successful businessman and non political figure, who now becomes head of the opposition.

Saturday, May 9th 2015 - 10:21 UTC

On Sunday 2.6 million Uruguayans vote for their local authorities

Lucia Topolansky, former First Lady, Daniel Martínez and Edgardo Novick are the main competitors in Montevideo of Sunday's vote

On Sunday May 10, Uruguay is holding county and municipal elections with 2.6 million eligible voters (out of a population of 3.3m) in an event which will be more centered on local issues and thus will not necessarily replicate the absolute majority vote of the ruling coalition in last October/November presidential and legislative election.

Saturday, May 9th 2015 - 09:34 UTC

Mujica's book rekindles Brazilian scandal involving Lula da Silva

Allegedly Lula told Mujica back in 2010 that “he had to deal with many immoral things including blackmail” and “this was the only way to rule Brazil”

Uruguay's president Jose Mujica has now denied alleged statements collected in a book about his life written by two journalists, that he personally presented last Sunday in Buenos Aires and in which there is a mention to former president Lula da Silva and the 'mensalao', one of Brazil's largest corruption scandals involving monthly payments to have bills passed by Congress.

Thursday, May 7th 2015 - 06:01 UTC

Uruguay's economy 'strong enough' to navigate in challenging environments

Bergara said the “challenging” global context includes a strong U.S. economy with a solid dollar, and a “lethargic” EU “rife with financial and political strains”

Uruguay's economy is “strong enough to navigate in a challenging global and regional environment” in which the U.S. dollar is strong and inflation is starting to rise, Uruguayan Central Bank, (BCU), chairman Mario Bergara said during a conference in Montevideo where he discussed the central bank's mission in the current world environment.

Thursday, May 7th 2015 - 05:22 UTC

US for third year running main wheat supplier for Brazil displacing Argentina

Argentina is expected to have a surface reduction of 10%. Uruguay, a drop of nearly 17%; Paraguay 10% and Brazil anywhere from 10% to 20%.

For a third year in a row the United States will be the top wheat supplier for Brazil, displacing Argentina from its historic position, according to the latest release from Brazilian consultancy Trigo & Farinhas. This piece of information is significant given the world prices for grains and wheat planting prospects in South America.

Wednesday, May 6th 2015 - 07:04 UTC

Uruguay calls for an end to Mercosur 'hollow rhetoric' which undermines jobs

”We want to overcome the hollow rhetoric', said Nin Nova and demanding a rigorous chronogram of tariffs' progressive reduction

Uruguay's foreign minister Rodolfo Nin Novoa called on Mercosur to overcome “hollow rhetoric” and advance towards the elimination of barriers which restrict access to other markets and intra-region trade.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement