Thursday, May 7th 2015 - 05:22 UTC

US for third year running main wheat supplier for Brazil displacing Argentina

Argentina is expected to have a surface reduction of 10%. Uruguay, a drop of nearly 17%; Paraguay 10% and Brazil anywhere from 10% to 20%.

For a third year in a row the United States will be the top wheat supplier for Brazil, displacing Argentina from its historic position, according to the latest release from Brazilian consultancy Trigo & Farinhas. This piece of information is significant given the world prices for grains and wheat planting prospects in South America.

Wednesday, May 6th 2015 - 07:04 UTC

Uruguay calls for an end to Mercosur 'hollow rhetoric' which undermines jobs

”We want to overcome the hollow rhetoric', said Nin Nova and demanding a rigorous chronogram of tariffs' progressive reduction

Uruguay's foreign minister Rodolfo Nin Novoa called on Mercosur to overcome “hollow rhetoric” and advance towards the elimination of barriers which restrict access to other markets and intra-region trade.

Tuesday, May 5th 2015 - 09:35 UTC

Mujica admits his 'most intimate respect' for Cristina Fernandez, but...

The Uruguayan former president at the presentation of a book, a portrait of his life written by two journalists

Uruguayan former president Jose Mujica expressed in Buenos Aires his “most intimate respect” for Argentine president Cristina Fernandez and revealed that on occasions he came across her when “she was annoyed as a bad, cornered spider”.

Monday, May 4th 2015 - 06:30 UTC

Uruguay has the lowest corruption perception among Mercosur members

The country figures among the 21 countries with less corruption perception at global level, according to TI

Uruguay enjoys the lowest perception of corruption among Mercosur countries and also a privileged position at global level, according to the country's Transparency and Public Ethics Commission. The ranking was based on data from Transparency International and World Bank for the period extending from 2003 to 2014.

Saturday, May 2nd 2015 - 07:34 UTC

Uruguay's meat exports in four months total 550m with beef the main item, 454m

To 18 April, 674,656 cattle were slaughtered in approved slaughterhouses across Uruguay, an increase of 9% compared to the previous year.

Uruguay exported meat, offal, meat products and by-products worth 550 million dollars in the year up to 18 April, 8% more than the same period of 2014. Beef exports totaled 454 million in the first months of the year, with the main buyers including China, member countries of the North American Free Trade Agreement (NAFTA), the European Union, Israel and MERCOSUR countries.

Friday, May 1st 2015 - 06:56 UTC

Uruguay forecast to grow 2.5% this year, but must “strongly moderate” public spending

“Beef prices are still holding strong, but there are also down pressures because of a weaker Euro, Russian rubble and Brazilian Real”, said economist Rosselli

Private consultants forecast the Uruguayan economy will expand 2.5% in 2015, compared to 3.5% the previous year, but recommend a “strong moderation” in government spending to retake the path of sustained growth and contain the consequences of an adverse international scenario mostly recessive.

Wednesday, April 29th 2015 - 22:59 UTC

Flexibility to discuss trade accords with third parties, Uruguay demands from Mercosur

“We admit the problems our partners have, and are willing to wait, but in compensation we demand flexibility to agree with third parties”, said Astori

Brazil's deteriorating economy and the recession tendency in Argentina, Mercosur main and largest partners, are influencing inter-group trade and the Uruguayan government is pressing for more flexibility that should allow it to negotiate agreements or understandings with third parties.

Wednesday, April 29th 2015 - 22:48 UTC

Uruguay insists Mercosur must achieve “a free trade zone which effectively works”

“To have Mercosur members 'sincere themselves', means complying with free movement of goods, services and production factors”, said Nin Novoa

Uruguay again complained about the current stalled situation of Mercosur and called for members to 'sincere' themselves regarding the compliance of the original 1991 founding charter, and hopefully “we can at least reach the first stage of the chronogram: a free trade zone which effectively works and has not to bear the brunt of hurdles”.

Monday, April 27th 2015 - 22:48 UTC

Paraguay and Uruguay ministers to discuss recovering paralyzed Mercosur

Loizaga will be receiving Nin Novoa on Tuesday to address the current situation of Mercosur and consider options to get the group back on its tracks

Following on the lead of Uruguay's new government, Paraguay has also demanded Mercosur returns to its roots and original objective with free circulation of goods and no obstructions of any kind or impediments such as tariff barriers. The five countries group has been paralyzed and negotiations for an encompassing cooperation and trade agreement with the European Union remain stalled.

Saturday, April 25th 2015 - 04:52 UTC

Chilean volcano ashes reach Uruguay and will cover the whole territory

“The ashes are here, they came in from the south east and are above us and tomorrow will cover the whole national territory” said Fernando Traversa

Uruguay's emergency system, Sinae confirmed on Friday that the ashes from Chile's Calbuco volcano eruption have reached the country and on Saturday will cover the whole of the territory, with some dust precipitations linked to the phenomenon expected.


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