Tag: José Mujica

• Saturday, February 23rd 2013 - 06:34 UTC

  “Uruguayan government in deep crisis”, admits Mujica with a split cabinet and two economic teams

  

  “The Uruguayan government is in deep crisis” admitted President Jose Mujica following an open clash between ministers that called for an urgent meeting of the cabinet and half way had to be adjourned on fears that recriminations could get out of control. A recess was ordered but the squabbling through the press continued and the exposed deep rift remains more than a challenge.

• Saturday, February 9th 2013 - 09:16 UTC

  India signs ambitious mining agreement with Uruguay

  

  India has shown great interest in mining iron ore, granite, gold and diamond in Uruguay and has entered into a deal for exploring and encouraging investment opportunities in the mining sector, according to Indian sources visiting Uruguay.

• Friday, February 8th 2013 - 06:51 UTC

  “No big deal with inflation, I grew up in a country with 70%/80% inflation”

  

  Two contrasting views have surfaced in the Uruguayan government regarding inflation which has been steadily climbing and seems so far immune to monetary tools, but is now the second highest in the region behind Argentina.

• Friday, February 8th 2013 - 04:28 UTC

  Uruguayan lawmakers confirm they will travel to Falklands for the referendum

  

  At least two Uruguayan lawmakers have confirmed to the British embassy in Montevideo that they will be travelling to the Falkland Islands next March for the referendum on the Islands political status and future. The trips are financed by the embassy and according to parliament sources in Montevideo the list could become longer.The news was published in a Montevideo weekly.

• Tuesday, February 5th 2013 - 06:25 UTC

  January inflation in Uruguay confirms strong hike tendency

  

  Inflation in Uruguay climbed 1.9% in January totalling 8.72% in the last twelve months, according to the latest release from the government’s stats office, INE. Last year twelve month inflation reached 7.48% and for this year the government established a target of 4% to 6%.

• Tuesday, January 22nd 2013 - 05:19 UTC

  Europe the “most desired strategic partner” of Latinamerica, according to Spanish report

  

  The European Union is the “most desired strategic partner” of Latinamerica, although with different intensity, according to a report from the International Prospective Institute, IPI, released on Monday in Madrid and ahead of the coming EU/CELAC summit in Santiago de Chile.

• Friday, January 11th 2013 - 08:52 UTC

  President Mujica calls for unity and peace for ‘the day when Chavez is not with us’

  

  The shortest and most sober of a day of emotional speeches and promises was that from Uruguayan president Jose Mujica who asked the massive rally in support of President Hugo Chavez that if the Venezuelan leader “tomorrow is not with us”, then unity, peace and work must prevail.

• Wednesday, January 9th 2013 - 05:26 UTC

  Mujica flies to Caracas “to support the government and people of Venezuela”

  

  Uruguayan president Jose Mujica leaves for Caracas “to support the government and people of Venezuela” on Thursday 10 January, the date in which convalescent re-re-elected president Hugo Chavez is supposed to take the oath of office.

• Saturday, January 5th 2013 - 05:59 UTC

  Lowering the price of power, Uruguay ends 2012 with an inflation of 7.48%

  

  Consumer prices in Uruguay ended the year at 7.48% after recording the lowest December percentage in forty years: a negative 0.73%. However analysts and consultants anticipate that inflation in the first quarter of 2013 will remain above an annualized 8%.

• Thursday, January 3rd 2013 - 00:40 UTC

  Uruguayan president believes Argentine economy “can’t remain closed much longer”

  

  President Jose Mujica anticipated that the Argentine economy can’t remain ‘closed for much more time’ (protectionist) and forecasted that 2013 will be a ‘clear year’ for Uruguay regarding economic issues.