The business climate (ICE) in Uruguay was down in the third quarter of the year, which means the country dropped from position 5 to 7 in the ranking of the eleven economies contemplated in the index elaborated by the Brazilian Getulio Vargas Foundation and Germany's respected IFO.
The remains of former Brazilian President Joao Goulart (1961/1964) were exhumed Wednesday due to suspicions that he may have been murdered on orders of the military regime that once ruled the country from 1964 to 1985.
In a landmark judgment, Brazil's Supreme Court on Wednesday upheld more than a dozen jail terms handed down in a political corruption scandal which broke in 2005.
Boneless and matured lamb and mutton from Uruguay will have access to the United States market as of next 29 November. The announcement was made in Montevideo by visiting US Agriculture Under Secretary Edward Avalos, following its publication in the US Federal Registry and means the conclusion of nine years of negotiations.
Good news for our subscribers, readers and followers. After having consolidated our English language site and following market research and innumerable requests, we have risen to the challenge and, as of this week, MercoPress has a Spanish version.
This year is the seventh warmest since records began in 1850 with a trend to weather extremes and the impact of storms such as Typhoon Haiyan in the Philippines aggravated by rising sea levels, the World Meteorological Organization (WMO) said.
The International Monetary Fund said Wednesday it will review Argentina's progress on improving its economic statistics in December, after censuring the country last February for supplying poor data.
Janet Yellen, President Obama's choice to lead the Federal Reserve, said the central bank would not stop its stimulus efforts until the labor market improves and inflation rises. The comments came in a statement prepared for her confirmation hearing before the Senate Banking Committee. Thursday's hearing is a chance for Senators to question Ms Yellen.
Inflation in Argentina according to the so called Congressional index during the month of October reached 2% and 25.86% in the last twelve months, it was reported by opposition lawmakers.
Argentine president Cristina Fernandez will resume her duties and complete the four years of her mandate, there is coincidence on this among incumbents and opposition, even when the leader's health remains delicate, according to Argentine political analyst Nelson Castro.