Uruguay

Uruguay
Wednesday, April 3rd 2013 - 03:03 UTC

Falkland Islands’ referendum blasted by the Argentine embassy in Montevideo media

A ploy organized by the British for the British so that the territory continues as British

In full half page white and blue ads the Argentine embassy in Montevideo expressed on Tuesday how grateful it is to Uruguay for its support in the Malvinas Islands claim and for having been one of the first countries to reject the ‘legitimacy and publicity stunt’ of the ‘pseudo-referendum’ recently held in the Falklands.

Tuesday, April 2nd 2013 - 05:30 UTC

Uruguayan exports in first quarter down 13% compared to a year ago

Minister Kreimerman admits that the over valuation of the Uruguayan currency has a negative impact on regional exports

Uruguayan exports of goods in March continued falling thus closing a discouraging first quarter, according to Uruguay XXI, the country’s agency responsible for promoting trade and investment in the country.

Tuesday, April 2nd 2013 - 02:42 UTC

Uruguay will go ahead with the re-gasification plant “with or without Argentina”

President Mujica said Uruguay can’t further delay the project

President Jose Mujica confirmed that the project for the construction of a liquid gas re-gasification plant in the River Plate coast, originally planned with Argentina, “will go ahead with of without the Argentine government”.

Thursday, March 28th 2013 - 10:15 UTC

Falklands’ sovereignty belongs to the ‘whole of Latinamerica’ says Uruguay

Minister Almagro and his ‘brother’ Hector Timerman

Foreign minister Luis Almagro said on Wednesday that Malvinas Islands’ sovereignty belongs to the whole of Latinamerica and as part of Latinamerica and the Caribbean, “we will defend the territorial integrity of the continent”.

Thursday, March 28th 2013 - 10:03 UTC

Uruguay 2012 GDP expanded 3.9% boosted by construction and domestic demand

Construction and domestic demand helped prop the Uruguayan economy in 2012

Uruguay’s GDP expanded 3.9% last in 2012 over the previous year despite a slight contraction in the fourth quarter, according to a late Wednesday release from the Central bank. The bank’s original estimate was 4%. In 2011 the economy grew a revised 6.5%.

Wednesday, March 27th 2013 - 07:57 UTC

Francis scheduled to visit Argentina, Chile and Uruguay next December

By choosing December the Pope avoids involvement in Argentina’s October mid term elections

Pope Francis is scheduled to make his first official visit to Argentina, where he was born, next December ‘to be close to his fellow compatriots’, according to ecclesiastic sources in Buenos Aires. The visit in the first half of December could extend to neighbouring Uruguay and Chile.

Tuesday, March 26th 2013 - 03:17 UTC

Malvinas question to be addressed with Ban Ki Moon at UN by Timerman and Latam peers

Timerman on Monday met with Security Council permanent members China, Russia and France.

On Tuesday Argentina’s Foreign minister Hector Timerman together with representatives from different Latinamerican and Caribbean organizations are scheduled to meet with UN Secretary General Ban Ki-Moon to address the “Malvinas Islands question”, according to a release from the Argentine Ministry of Foreign Affairs.

Monday, March 25th 2013 - 04:45 UTC

Falklands ‘a NATO base’ and the referendum ‘unacceptable and ridiculous’, says Uruguay

Fernandez Huidobro said that with the ‘Falklands NATO base’, Argentina now has borders with Germany, the country that commands in Europe

Two of Uruguay’s President Jose Mujica closest ministers, Defence and Foreign Affairs said that the ‘British occupation’ of the Falkland Islands is ‘unacceptable’, represents a NATO base in the South Atlantic and described the recent referendum in the Islands as ‘absurd and ridiculous’.

Sunday, March 24th 2013 - 03:11 UTC

Uruguay leaves benchmark rate unchanged; fears of slower economy and too strong Peso

Inflation but also a too strong Uruguayan Peso are the challenges for Uruguay’s Central bank

Uruguay’s central bank surprised the market by keeping on hold the benchmark interest rate at 9.25% after increases at the two previous monetary policy meetings failed to slow inflation, one of the country’s main concerns.

Saturday, March 23rd 2013 - 10:25 UTC

‘Justice or democracy’, Uruguay’s dilemma according to The Economist

Former Senator and presidential candidate Wilson Ferreira Aldunate

The Economist in its latest edition publishes a piece on Uruguay in which it reveals accurately the dilemma facing the country as a consequence of the legacy of the military dictatorship, 1973/1984 with all the killings, disappeared and tortured.

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