Economy

• Saturday, October 22nd 2011 - 04:24 UTC

  Booming regional dairy industry will meet in Uruguay to talk expansion plans

  

  The Pan-American Milk Federation, Frepale, is scheduled to meet in Uruguay next November 15/17 to celebrate its twentieth anniversary. The federation, the strongest in the region chose Punta del Este for the event because it was here that it was born two decades ago.

• Saturday, October 22nd 2011 - 04:23 UTC

  Bolivia’s Morales yields to Amazon Indian protests and scraps plan to build highway

  

  President Evo Morales said Friday that he was scrapping plans to build a highway through a nature reserve in Bolivia's jungle lowlands, bowing to public pressure after a two-month protest march by Amazon Indians.

• Saturday, October 22nd 2011 - 00:43 UTC

  Mercosur and EU will be ready to exchange trade proposals ‘in June 2012’

  

  Mercosur and the European Union are committed to presenting their proposals with list of products for a free trade agreement in June 2012, announced on Friday Uruguay’s Foreign Affaire minister Luis Almagro.

• Saturday, October 22nd 2011 - 00:40 UTC

  Blatter announces anti-corruption plan and ‘good governance committee’

  

  FIFA president Sepp Blatter announced his long-awaited anti-corruption plan Friday including a pledge to re-open the case into the collapse of former marketing partner ISL.

• Saturday, October 22nd 2011 - 00:39 UTC

  France and Germany debt crisis rift; program for a second Euro summit

  

  France's push to use more European Central Bank money to fight the Euro zone debt crisis has run into strong resistance from Germany and other EU partners, leaving Paris increasingly isolated before a crucial summit.

• Saturday, October 22nd 2011 - 00:38 UTC

  NATO seven-month ‘United Protector’ campaign in Libya comes to an end this month

  

  NATO plans to end its seven-month air and sea campaign in Libya at the end of October, Secretary-General Anders Fogh Rasmussen said on Friday, the day after the death of Muammar Gaddafi.

• Saturday, October 22nd 2011 - 00:37 UTC

  Obama announces end of war in Iraq and will pull out troops by end of the year

  

  President Barack Obama vowed to pull all US troops from Iraq this year, symbolically ending the war but dashing US hopes of leaving a few thousand troops to buttress a still shaky Iraq and offset neighbouring Iran's influence.

• Friday, October 21st 2011 - 08:35 UTC

  In Uruguay we have learnt to bury the old economic paradigms, says Mujica

  

  Uruguay’s strategy is to attract foreign private investors and offer the necessary guarantees to develop their business, said President Jose Mujica in a brief summary of his ten day European visit of four countries and the headquarters of the European Union in Brussels.

• Friday, October 21st 2011 - 07:51 UTC

  Uruguay satisfied with oil corporations’ interest in exploring in its maritime shelf

  

  At least ten first line oil and gas corporations expressed interest in the road show set up by Uruguay in Houston to promote hydrocarbons exploration on its continental shelf, according to one of the Directors of the country’s fuels company Ancap.

• Friday, October 21st 2011 - 07:41 UTC

  Uruguay and EC committed to advance with the EU/Mercosur association accord

  

  Uruguay and the European Commission agreed on the importance of promoting economic and investment relations and ratified their commitment to advance negotiations for a Mercosur/EU wide ranging trade and association agreement that is “integral, balanced and ambitious”.