MercoPress https://en.mercopress.com/ South Atlantic News Agency en Copyright 2026, MercoPress. https://en.mercopress.com/web/img/en/mercopress-logo.gif MercoPress http://en.mercopress.com/ <![CDATA[Hungary's incoming PM says Orbán-linked oligarchs are moving funds to Uruguay and other destinations]]> The incoming head of government stressed that the transfers are being directed to jurisdictions “from which extradition is currently not possible” Hungary's incoming prime minister, Péter Magyar, alleged on Saturday that oligarchs linked to outgoing leader Viktor Orbán are transferring “tens of billions” of forints to Uruguay, the United Arab Emirates, the United States, and “other distant countries,” in what he described as a coordinated operation to move capital out of the country ahead of the government transition scheduled for May 9.

]]> Sun, 26 Apr 2026 20:04:00 GMT <![CDATA[Latin America's largest investment bank targets Uruguay as regional hub after acquiring local HSBC unit]]> Founded in 1983 in Rio de Janeiro, the group is present in Brazil, Argentina, Chile, Colombia, Mexico, and Peru Brazilian group BTG Pactual, Latin America's largest investment bank, is awaiting authorisation from Uruguay's Central Bank (BCU) to begin operating in the local financial market following its $175 million acquisition of HSBC Uruguay, agreed in July 2025. Group executives expect regulatory approval to come through by mid-year, allowing them to begin operations gradually in the second half of 2026.

]]> Thu, 23 Apr 2026 12:28:00 GMT <![CDATA[Bullrich arrives in Uruguay criticising cannabis legalisation and calling for tougher security policy]]> On security, Bullrich said Uruguay's homicide rate is inconsistent with the country's broader characteristics Argentine Senator Patricia Bullrich, former National Security Minister under President Javier Milei, will visit Montevideo this week to take part in the conference "Uruguay, future and youth: current challenges," organised by the Manantiales Foundation at the World Trade Center. During her visit, Bullrich questioned the effectiveness of Uruguay's cannabis legalisation policy and said the country must reduce its homicide rate, which she described as high relative to the country's socioeconomic profile.

]]> Thu, 23 Apr 2026 03:30:00 GMT <![CDATA[New York court rules in favor of Uruguayan fintech dLocal, dismisses investor class action]]> dLocal, founded in Uruguay, specializes in processing payments in emerging markets and listed on the Nasdaq in June 2021 The Appellate Division of the New York State Supreme Court unanimously upheld the dismissal of a class action lawsuit filed by investors against Uruguayan fintech dLocal and the investment banks involved in its 2021 initial public offering, finding no material omissions in the information the company disclosed before the IPO.

]]> Tue, 21 Apr 2026 23:14:00 GMT <![CDATA[Falklands: Uruguay Sciences Faculty researching sandy beaches of the Islands]]> The project is in collaboration with the Falklands South Atlantic Environmental Research Institute, SAERI, and is funded by the UK Government A group of Uruguayan scientists have spent the last two weeks gathering samples from beaches around the Falkland Islands. Their research is aimed at discovering how humans and wildlife affect ecosystems within the sandy coastline.

]]> Mon, 20 Apr 2026 21:44:00 GMT <![CDATA[Uruguayan court rejects injunction against offshore seismic prospection, allowing exploration to continue]]> The court dismissed the case on procedural grounds without fully examining the environmental merits A Montevideo civil court dismissed an injunction filed by social organizations and fishing industry unions against seismic prospection activities for hydrocarbon exploration in Uruguay's exclusive economic zone, allowing operations by the company Viridien (CGG Services) to continue on an offshore block assigned to oil major Chevron.

]]> Sat, 18 Apr 2026 02:53:00 GMT <![CDATA[Uruguay says RAF Falklands flight was medevac; Tierra del Fuego alleges airspace breach]]> Sources close to the Islands' administration who spoke with MercoPress had already indicated that many of these flights are medical evacuations of Islanders Uruguay's Ministry of Defense confirmed on Wednesday that the flight of a Royal Air Force (RAF) Airbus A400M Atlas between the Falkland Islands and Montevideo was a medical evacuation of two patients, authorized under decree 419/021, which permits the landing of foreign state aircraft for humanitarian reasons or force majeure. Uruguayan Air Force press spokesperson Marisol Diana provided the explanation to Informativo Uruguay.

]]> Thu, 16 Apr 2026 22:46:00 GMT <![CDATA[Logistics corridor to Falklands via Uruguay: former Kirchnerist diplomat denounces untracked flight]]> According to a source close to the Islands' administration who spoke with MercoPress, many of these flights are medical evacuations of Falkland Islanders A Royal Air Force (RAF) Airbus A400M Atlas transport aircraft operated on April 12 between Mount Pleasant base in the Falkland Islands and Carrasco airport in Montevideo, switching off its transponder during the return leg to the islands, rendering it invisible to civilian tracking systems, according to the specialized outlet Escenario Mundial, which identified the aircraft as registration ZM413 operating flights RRR4000 (outbound) and RRR4001 (return).

]]> Thu, 16 Apr 2026 00:55:00 GMT <![CDATA[Uruguay bets on international integration to attract investment amid global uncertainty]]> The IMF cut its growth forecast for Uruguay from 2.4% to 1.8% for 2026, matching the 2025 rate, as part of a global revision triggered by the conflict in Iran Uruguay's government responded on Tuesday to the International Monetary Fund's latest projections with a strategy centered on trade openness and investment attraction. Deputy Economy and Finance Minister Martín Vallcorba acknowledged the world is going through "a moment of great uncertainty" driven by the Middle East war, but said the country is working to create "positive and favorable conditions for investment and growth."

]]> Wed, 15 Apr 2026 10:20:00 GMT <![CDATA[Orsi to meet Sanchez, Sheinbaum and Ramaphosa in Barcelona at multilateralism summit]]> The summit is the fourth edition of a process that began in New York in 2024 and continued in Santiago de Chile in July 2025, when Orsi participated alongside Sánchez Uruguayan President Yamandú Orsi will travel to Barcelona on Friday to attend the fourth "Democracy Always" summit, a gathering of 19 heads of state convened by Spanish Prime Minister Pedro Sánchez, where the Uruguayan leader will focus his remarks on "the value of multilateralism," according to Foreign Minister Mario Lubetkin.

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