Uruguay’s government debt increased both in gross and net terms in 2010, although at a slower rate than in 2009. Overall the debt increased 5.9% (1.3 billion US dollars) totalling 23.185 billion USD which is equivalent to 57.6% of GDP, according to the latest release from the central bank. Read full article
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Disclaimer & comment rulesDepreciation of US dollar is causing accounting turbulences
Apr 01st, 2011 - 06:44 pm - Link - Report abuse 0As I typed here many times, The USA is the manipulator, not the Chinese who keeps it's renminbi pegged to the dollar (and wait patience for the perfect time to unplug/unpeg it)
Mercopress makes it look as if Uruguay is Brazilian territory.(Actually Uruguay is direct and indirect controlled by Brazilian companies)
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