
Uruguay offers the best business climate out of eleven countries from Latin America according to the latest ratings released by the Brazilian Getulio Vargas Foundation, FGV and IFO from the University of Munich in Germany.

“The King’s Speech,” a regal period drama about an English monarch’s triumph over stuttering, took the big honors Sunday at the 83rd annual Academy Awards.

Mercosur central banks’ presidents meeting in Peru last Friday agreed that the task ahead has become ‘more complicated’ because of growing inflationary pressures triggered by soaring food and oil prices.

Uruguay and Argentina will take advantage of the coming 2011 America Cup (Copa América) to promote their joint candidacy to organize soccer’s major event: the 2030 World Cup on occasion of the centenary of the first time the tournament was played.

Brazil's general price index, or IGP-M, rose 1% month-on-month in February, compared to 0.79% rise in January, the Getulio Vargas Foundation said Friday. Economists' had forecast the index to rise 1.01%.

Velux 5 Oceans. The Ultimate Solo Change is unexpectedly returning to Uruguay after twelve years. The four solo competitors are currently sailing along the South Atlantic and the leading yacht is expected to arrive in Uruguay’s renowned international resort of Punta del Este late Monday.

Britain threatened to pull out of the Food and Agriculture Organization (FAO), unless it improves its patchy performance. The announcement follows a review of British overseas aid ordered by the coalition government.

Cuba was elected last week vice president of the United Nations Special Committee on Decolonization, also known as the Committee of the 24, exclusively in charge of promoting a decolonization agenda.

Former White House chief of staff Rahm Emanuel was elected mayor of Chicago in the most competitive city hall election in more than two decades. Emanuel, who is also a former congressman, trumped five rivals with 55% of the vote.

India is reaching out to emerging markets and Latin America, and more precisely Mercosur is a strategic priority, said India’s Minister for Commerce and Industry Jyotiraditya Scindia addressing the Confederation of Indian Industry (CII) India-Uruguay business conference that hosted a large Uruguayan business delegation led by the country’s Vice-President, Danilo Astori.