On Saturday June 1st the President of Uruguay, José Mujica, will meet Pope Francis. Mujica has been quoted as saying he does not believe in the Catholic Church but he admires it and that he hopes to open avenues of cooperation to advance on social issues in his country.
On Tuesday Uruguayan President Jose Mujica said that the policy of integrating the economies of Asia and his country is a necessary “strategy for the future.”
Uruguayan president Jose Mujica currently in Beijing on an official visit, underlined the significance of China in trade and investments fro South America, but also admitted there is some ‘fear’ mainly from Argentina and Brazil about a greater integration and dependency from the Asian giant.
Uruguayan President Jose Mujica begins on Wednesday the longest and most ambitious of his overseas trips hoping to convince China to invest in infrastructure projects that are crucial for the development of the country and its foreign trade: a deep water port and recovering the rail cargo network.
For several days beginning Wednesday Uruguay, as its neighbours, Brazil and Argentina will be ruled by a woman. Lucia Topolansky, Fist Lady but also Senator and third in the succession line will become interim president since her husband is off on an official trip to China and Europe, and Vice-president Danilo Astori will be attending the Alliance of the Pacific summit in Colombia.
In an interview with the Spanish government news agency EFE, Uruguayan President José “Pepe” Mujica said Argentina’s economic “autarkic project” “worsens” bilateral ties and “multiplies” trade troubles. Still, he ruled out pressures on Buenos Aires; “they won’t work,” he insisted.
By Jude Webber in Montevideo - The Financial Times has published a piece on Uruguayan president Jose Mujica and his view on the future and his government’s policy towards two powerful neighbors, Argentina and Brazil.
Uruguay awarded French gas and power group GDF Suez SA a contract to build a liquefied natural gas (LNG) re-gasification plant at an estimated cost of 1.125 billion dollars, the government said on Tuesday.
The White House announced that Peruvian President Ollanta Humala and Chile’s President Sebastian Piñera will travel to Washington in June and meet with President Barack Obama. The White House also said that Vice President Joe Biden’s next week will visit Brazil and Colombia with a stop in Trinidad and Tobago.
Uruguay’s stubbornly high inflation is as much structural in nature as it is due cyclical factors and to bring it down requires changes in fiscal policy, tackling widespread salary indexation and policymakers need to enhance their credibility according to Capital Economics.