Uruguay
UruguayUruguayan economy expanded between 3% and 3.5% last year says Central bank
The Uruguayan economy expanded between 3% and 3.5% last year which is below the 5.7% of 2011, mostly because of a serious drought and a deteriorating world situation, advanced the country’s Central bank president Mario Bergara.
Uruguayan political system coincide in their disappointment with Mercosur ‘in a state of lethargy’
Uruguayan Vice president Danilo Astori and members of the opposition ratified the country’s increasing concern about Mercosur which is “full of obstacles and problems” and is described as “sleepy and in state of lethargy”.
“Chavism” (like Argentina’s Peronism) for a long time to come, forecasts Mujica
Uruguayan president Jose Mujica compared the future of Chavism in Venezuela with that of the Argentine Justicialista Party, which had in Juan Domingo Peron and his wife Evita Peron their maximum leaders (and caudillos), and even today in the almost hegemonic political movement in Argentina.
Praise for Falklands’ population tolerance and criticism for Argentina’s approach
”I came to meet a peaceful population of sheep farmers and fishing people and they were not waiting for me to support them” but they have very strong and historic links with Uruguay, said lawmaker Jose Cardoso, who is currently in the Falklands to observe the referendum on the Islanders political status and future.
Uruguayan observer in Falklands’ referendum: “voting is a human right that supports freedom of expression”
“Voting is a human right and electoral observation does not validate a thing, it is a simple act of analyzing if those conditions people have proposed for the ballot event, are fully complied” said Uruguayan lawmaker Jaime Trobo currently in the Falklands for the referendum on the Islands political status and future.
Uruguay defence minister blasts Uruguayan observers at Falklands referendum
Uruguay Minister of Defence Eleuterio Fernandez Huidobro described as an “enormous shame” for the country the fact that two lawmakers from the leading opposition National party travelled to the Falklands/Malvinas to participate as observers of the Sunday/Monday referendum on the Islands political status and future.
Mujica tells Venezuelans that big contradictions in society are ‘not squashed but conducted’
Uruguayan president Jose Mujica called for unity and responsibility in Venezuela, ‘to fight for freedom and peace’ and cautioned that big contradictions in a society are not squashed but conducted. He also called on Brazil to lead the region but warned: “not creating a new regional empire”.
Uruguay completes investment-grade ‘triple crown’ from the three big credit rating agencies
Uruguay finally managed on Thursday to achieve investment grade debt rating from the three major agencies when Fitch raised the country’s rating to BBB-minus from BB-plus, citing economic resilience as well as the political and social stability of the country, squeezed between Brazil and Argentina.
IDB approves largest financial operation for Uruguay: 550 million dollars
The Inter-American Development Bank (IDB) has approved a 550 million dollars operation for Uruguay to fund the Program for Strategic International Positioning, which aims to substantially increase investment and exports by strengthening the regulatory and institutional framework, promoting and facilitating trade, and boosting entrepreneurial innovation.
Mujica calls for a “sensible attitude” from the US given the political situation in Venezuela
Uruguayan president called for a “sensible attitude” from the United States given the new political situation in Venezuela following the death of leader Hugo Chavez and was also optimistic about the future of the country in the post Chavez era.
