Uruguay

• Monday, May 7th 2007 - 21:00 UTC

  April retail prices hike questions Uruguay's inflationary target

  

  Alarm bells are ringing in Uruguay following the release of April's Consumer Prices Index, 1.22% totaling 4.58% in the first four months of 2007 and 8.11% in the last twelve months, when the overall target for this year was established in the range of 4.5% to 6.5%.

• Friday, May 4th 2007 - 21:00 UTC

  S&P Raises Uruguay Outlook to Positive

  S&P has raised its outlook on Uruguay's B+ sovereign credit rating to positive from stable to reflect expectations of a sustained implementation of the economic policy agenda.

• Thursday, May 3rd 2007 - 21:00 UTC

  South America set for dairy increase

  

  The FAO and other specialists of the Dairy Industry predict that, by year 2027, world demand for dairy products will have increased 20% while the price of milk will maintain the same and South American countries will become the key players of the world market for supply of dairy products.

• Thursday, May 3rd 2007 - 21:00 UTC

  President of Uruguay praises Dubai's strategic vision

  

  The President of the Republic of Uruguay, HE Tabaré Vázquez , currently on an official visit to the UAE, has invited Dubai World to explore emerging business opportunities in the South American country.

• Thursday, April 26th 2007 - 21:00 UTC

  Uruguay/US trade and investment talks in Washington

  

  Uruguay and United States resumed on Thursday trade and investment talks in Washington with the purpose of increasing bilateral exchanges. Uruguay is targeting an increase in its current 20.000 tons of beef quota, free of tariffs, and the opening of the US market for lamb and mutton.

• Tuesday, April 24th 2007 - 21:00 UTC

  Uruguay has the highest fuel prices of the region

  

  Uruguay with no oil or gas reserves has the highest fuel prices in Latinamerica, 1.35 US dollars for a liter of premium gasoline, not distant from those countries with the top values such as Holland where premium at the pump costs 1.91 US dollars a liter.

• Saturday, April 21st 2007 - 21:00 UTC

  Pulp mills dispute: Madrid offers possible way out to deadlock

  

  Uruguay and Argentina with the facilitating efforts of the Spanish Crown seem to have found this week in Madrid a possible way out for the deadlock over the pulp mills controversy which has soured bilateral relations between the neighboring countries.

• Wednesday, April 18th 2007 - 21:00 UTC

  Spain anticipates “no big news” in pulp mills dispute

  Spain's Foreign Affairs Minister Miguel Angel Moratinos cautioned Wednesday that “no big news” can be expected from the first direct dialogue round between Argentina and Uruguay in Madrid regarding the controversy over the construction of a pulp mill in shared waters.

• Tuesday, April 17th 2007 - 21:00 UTC

  Pulp mills dispute: Uruguay/Argentina discussions in Madrid

  Uruguay asserted on Tuesday its “dialogue spirit” for the coming two days meeting in Spain where the controversial issue of the construction of pulp mills, and alleged pollution, in shared waterways will be discussed with Argentine representatives.

• Wednesday, April 11th 2007 - 21:00 UTC

  Montevideo port intent in attracting Spanish fishing fleet

  

  Uruguay has plans to improve Montevideo port facilities with the purpose of attracting the Spanish fishing fleet operating in the South Atlantic.