
Uruguayans on average work 128 days, over a third of the year to pay taxes, according to a report from a local lobby group based on the “Tax-free day” which supposedly marks the end of the time dedicated to contribute to the treasury.

Vice-president Danilo Astori admitted on Friday that economic-trade relations with Argentina continue to deteriorate and seriously question Mercosur and Uruguay must therefore speed the search for other alternatives.

The release of further data from the 2012 Census shows that the Falkland Islands continues to work its magic on immigrants who may have arrived with short term plans but have settled for ten or more years and that the ratio of women to men in the Islands has increased considerably over the last four decades.

By John C.K. Daly - The US currently imports more than 80% of the lithium it uses, with the silvery metal winding up in batteries from cell phones to electric cars.

European Union governments and institutions must take immediate action to promote growth and jobs creation as countries are tired of austerity, European Council President Herman Van Rompuy said this week.

UK Minister for Europe David Lidington has warned that an escalation of tension with Spain in the waters row could damage Gibraltar’s prosperity and wider UK interests and pointed out that the incursions were not “an armed attack or invasion” and that the response to them must be proportionate.

For a third consecutive day the ‘blue’ dollar which trades in Argentina’s informal market established a new record and after having brushed 10 Pesos in earlier trading finally closed Friday at 9.84 (buying price) and 9.88 (selling price) Pesos.

For some, the prospect of the Falkland Islands becoming an oil-producing country creates exciting visions of opportunity, while for others it seems like a nightmare. What is certain is that oil, like sheep and fishing before it, will inevitably bring changes to both our wealth and our way of life.

The International Association of Antarctic Tour Operators, IAATO, with over a hundred member organizations held in April its latest annual meeting in Punta Arenas, Chile with a numerous delegation from the Falkland Islands attending given the growing economic significance of the cruise industry and Antarctica tours.

Brazilian President Dilma Rousseff said she has sent to Congress another proposal to earmark all oil royalties collected by the state for public education after lawmakers shelved an earlier effort. Rousseff made the announcement in a televised Labour Day speech in which she said improving education was vital for Brazil's development in a highly competitive world.