Uruguay's consumer prices index increased 0.3% in December totaling 8.5% in 2007, two full points above the Central Bank's target and the highest since the 10.2% of 2003, according to the country's Statistics Institute monthly report
January 12 marks 25 years since the opening of the Falkland Islands Government Office (FIGO) in London, making it one of the longest established UK Overseas Territories Offices. Sukey Cameron MBE has been the Falkland Islands Government (FIG) UK Representative since 1990.
Bulk transportation company Navios Maritime Holdings Inc. said it has formed a South American logistics business by combining its existing port operation in Uruguay with the barge and upriver port businesses operated by the Horamar Group.
Wrapping up the Customs Code, productive integration and advancing in trade talks with India and the South Africa Customs Union are the main objectives on which Mercosur will be fully committed until next July, announced Argentina which holds the group's chair for the next six months.
OPEC president Chakib Khelil said on Saturday that the organization is supplying the international market with enough crude but can't be blamed for record prices. But he anticipated oil prices can be expected to keep rising during the first quarter of this year before stabilizing in the following quarter.