Uruguay

Uruguay
Friday, December 4th 2015 - 05:23 UTC

Uruguayan government unable to keep inflation below two digits

The item with the largest influence was Food and beverage, representing a third of November's 0.43% increase.

Inflation in Uruguay during the first eleven months of 2015 was double digit, 10.04%, a figure which if confirmed by the end of the year, could trigger a rash of labor review demands from unions. According to the country's stats office INE, in November retail prices climbed 0.43%, and in the last twelve months reached 9.46%, ahead of October's 9.15%.

Friday, December 4th 2015 - 04:44 UTC

UK embassy sponsors three workshops in Uruguay on science and innovation

 The main objective of the Science and Innovation Fund is to create and strengthen links between researchers and institutions in Uruguay and UK

The British Embassy, the British Council and Uruguayan National Research and Innovation Agency (ANII) have announced the three workshops selected under the recent Researcher Links call for proposals, part of the Embassy’s cooperation funding for science and innovation in Uruguay.

Thursday, December 3rd 2015 - 08:11 UTC

Macri names ambassadors to Washington and Montevideo

The appointment was decided after a meeting Lousteau held with the new cabinet chief Marcos Peña and future Foreign Affairs Minister Susana Malcorra

President-elect Mauricio Macri named ambassador to Washington and Montevideo. Lawmaker Martín Lousteau will be Argentina's next ambassador in the US. He will replace Cecilia Nahón, who submitted her resignation on Monday. The appointment was decided after a meeting Lousteau held with the new cabinet chief Marcos Peña and the future Foreign Affairs Minister Susana Malcorra, a Let’s Change statement affirmed.

Thursday, December 3rd 2015 - 07:55 UTC

Total contracts Maersk drillship to spud well offshore Uruguay next March

”Maersk Drilling is very pleased with being selected by Total to drill their first exploration well offshore Uruguay,” said Claus V. Hemmingsen from Maersk

Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major France's Total. The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay.

Wednesday, November 25th 2015 - 07:35 UTC

Mujica wishes Argentina and Macri 'the best', but has fears about 'institutional stability'

“From the deepest of my heart I wish things in Argentina turn out positive, the best possible for its future government and Mr. Macri”, said Mujica

Two days after Mauricio Macri's victory in Argentina, Uruguay's former president Jose Mujica wished Argentina “the best” with its new government, but also expressed fear about the 'institutional stability' of the country.

Monday, November 16th 2015 - 07:10 UTC

Uruguay's ruling Broad Front coalition divided over Venezuela

OAS chief Almagro and former Uruguayan ex foreign minister sent a letter to Venezuelan electoral authorities calling for transparent elections

The strong 16 pages long letter sent by OAS (Organization of American States) secretary general Luis Almagro to Venezuelan electoral officials calling for transparency, international observers and freeing political prisoners, ahead of December 6 legislative elections, triggered an immediate furious insulting reaction from Venezuela's strongman Diosdado Cabello, but also again exposed a growing rift in the Uruguayan government.

Friday, November 13th 2015 - 08:09 UTC

Argentina the 'main obstacle' in reaching a trade accord with the EU, claims Uruguay

Uruguay Economy minister Astori said Argentina has been “the main obstacle” faced by Mercosur in reaching trade agreements

It's a fact, Argentina is the 'main obstacle' for Mercosur to advance in reaching a trade agreement with the European Union, and Venezuela, the latest incorporation to the group, is also hindering efforts, revealed Uruguay's Economy minister Danilo Astori during a conference on the country's investment prospects.

Wednesday, November 11th 2015 - 07:35 UTC

Uruguay hopeful of a more 'flexible' Argentina whoever wins on 22 November

Foreign minister Nin Novoa said Uruguay will insist with the different-speeds approach to agreements between Mercosur members and other countries.

The Uruguayan government is hopeful that with president Cristina Fernandez no longer at the helm of Argentina, as of 10 December, a more flexible attitude can be expected from the newly elected authorities, particularly regarding Uruguay's intention of signing trade agreements with third parties, if Mercosur is not interested in such commitment.

Thursday, November 5th 2015 - 06:51 UTC

Cruise season 2015/16 in Uruguay takes off 6 November; 170 calls expected

Montevideo is expected to receive 109 calls of which three will stay overnight and during 22 days two cruise vessels will be docking simultaneously

Uruguayan Tourism ministry officials announced that the country expects 170 calls from cruise vessels this coming season which is scheduled to begin 6 November and extend until 10 April 2016.

Wednesday, November 4th 2015 - 08:18 UTC

Mercosur summit on 21 December; Uruguay takes the helm for next six months

The announcement was done by Paraguayan foreign minister Eladio Loizaga following a meeting with the ambassadors from the group's member countries

Mercosur heads of state next summit is scheduled for 21 December in Asunción, Paraguay, the country currently holding the group's chair. At the meeting the six-month rotating chair will be handed to Uruguay for the first half of 2016.

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