Uruguay

Uruguay
Saturday, July 5th 2014 - 08:48 UTC

The Economist on Argentina: “The Luis Suarez of international finance”

 Viveza criolla has been a hallmark of Argentine economic policy under both President Cristina Fernández and her late husband and predecessor, Néstor Kirchner.

In its latest edition The Economist writes about Argentina’s debt stand-off, and states this “reflects a teenage attitude that rules are there to be broken”.

Wednesday, July 2nd 2014 - 08:00 UTC

Uruguay presents Foreign minister Almagro as OAS Secretary General candidate

Almagro has been foreign minister since Mujica took office in 2010

Uruguay has presented the candidacy of its current Foreign minister Luis Almagro to succeed Jose Miguel Insulza as head of the Organization of American States, OAS Secretary General, it was reported on Tuesday from Montevideo.

Tuesday, July 1st 2014 - 10:16 UTC

Mercosur waking up to the significance and impact of the Pacific Alliance

Uruguay's Vice-president Astori has been most vocal: ”Mercosur mustn’t be a terminal station”; we need trade deals with the Pacific Alliance

Mercosur leaders called for dialogue with the Pacific Alliance over its perception that Mercosur is becoming an obstacle to integration and wider growth in the region. Uruguayan Vice-President Danilo Astori seemingly sparked the debate a few weeks ago when he said that “Mercosur mustn’t be a terminal station,” calling for formal trade deals with the Pacific Alliance.

Tuesday, July 1st 2014 - 07:50 UTC

Uruguay received 237 cruise calls in 2013/14 with 409.367 visitors

A busy day in the port of Montevideo with several cruise vessels

During the 2013/14 season, 237 cruise vessels called in Uruguay's two main ports, Montevideo and Punta del Este, with 409.367 visitors, a 6,3% increase in calls over the previous season, according to a report released by the country's presidential web-site.

Monday, June 30th 2014 - 06:44 UTC

Uruguay ratifies Bolivia's Mercosur incorporation; consolidates Atlantic/Pacific corridor

The Mercosur administrative headquarters building in Montevideo

Uruguay promulgated the bill which incorporates Bolivia as the latest member of Mercosur, the South American group made up of Argentina, Brazil, Paraguay, Uruguay and Venezuela. The incorporation of Bolivia should help with the consolidation of a Mercosur Atlantic-Pacific corridor across South America.

Monday, June 30th 2014 - 06:23 UTC

“FIFA leaders are a bunch of old sons of bitches”, said Uruguay president Mujica

The incident took place at the Carrasco airport on arrival of the Uruguayan national football team from Brazil   (Pic TV12)

FIFA leaders are “a bunch of old sons of bitches” and could have imposed sanctions “but certainly not fascist sanctions” complained Uruguay's president Jose Mujica referring to the suspension suffered by Uruguay's scorer Luis Alberto Suárez who was banned for nine matches and with four months of complete football inactivity.

Saturday, June 28th 2014 - 10:23 UTC

Uruguay's coach resigns FIFA post to protest 'excessive' ban of Suarez

Tabarez said it is not “prudent” to be involved in an organization with “different values” than his own.

Uruguay coach Oscar Tabarez has resigned his post in the FIFA strategic commission over the federation’s decision to ban Luis Suarez from the World Cup after the forward bit Italy’s defender Giorgio Chiellini during a group stage match.

Friday, June 27th 2014 - 06:56 UTC

Mujica strongly supports Suárez and blasts FIFA: “they went too far”

“The fact is that we are small and our television rights are not worth much”,  pointed out Mujica.

Uruguay's president Jose Mujica blasted FIFA's Thursday decision to fine and suspend the country's main scorer Luis Suarez from any football activity for four months arguing the association that rules world football measures things with different rods, and since Uruguay “is a small country, it's cheap for them”.

Wednesday, June 25th 2014 - 06:22 UTC

Uruguay's second pulp mill begins production: 1.3million tons annually

The complex includes the pulp mill, a harbor and a biomass power plant

Uruguay's second pulp mill Montes del Plata started production this week following an investment of 2 billion dollars, the largest ever in the recent history of the country. The announcement was made by the Chilean-Swedish complex that is running the plant.

Saturday, June 21st 2014 - 09:18 UTC

German companies warn of consequences from Uruguay/Argentina conflict

The UPM-Botnia pulp mill continues to be an issue of contention for Argentina

The Uruguay-Germany commerce and industry chamber (AHK), expressed its deepest concern over the current tension in relations between Uruguay and Argentina, and warned about the impact on the business climate for the two countries.

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