Uruguay celebrated Monday October 10 the bicentennial of its emancipation process with a great colourful, open party that attracted over 300.000 people to the streets and stages in the capital Montevideo.
Latin American countries will be meeting in Uruguay in two weeks time to define a common stance on the international crisis for the coming G20 summit that will be taking place early November in France.
Montevideo figures in position 65 in the world ranking of most liveable cities elaborated by The Economist Intelligence Unit, (EIU) and which was released this week. Only Buenos Aires and Santiago figure ahead of the Uruguayan capital in positions 62 and 63 as the most liveable cities in South America.
The approval of Uruguayan president Jose Mujica in Montevideo continues to slide and has plummeted eight points between February and May according to a Mori public opinion poll released this week.
Uruguay made a long list of objections to the environment impact assessment study presented by the Aratiri mining project which plans open-pit extraction of magnetite (ferrous component) from vast resources in Valentines, the heart of the South American country.
Banco do Brasil, Latin America’s largest financial institution has requested a licence to operate in Uruguay as a commercial bank according to the Brazilian government’s news agency.
Current trade negotiations between the European Union and Mercosur dominated the opening speeches at of Eurolat (Europe/Latin America Parliaments) Fifth Plenary Session which is taking place in Montevideo.
With Uruguay’s economy growing at 8.5% in 2010 and managing to skip the 2009 slowdown with a 2.86% expansion, the housing market in the capital Montevideo is going through an excellent moment according to Global Property Guide based on info from local appraisers.
A French navy vessel equipped with state of the art systems for tracking missile launchings and other space objects called in Montevideo as part of its tour of the South Atlantic.
Mercosur will consider next June adopting a regional joint program to combat the mosquito transmitted dengue disease, which has become endemic in the group with the exception of Uruguay, and which has forced landlocked Paraguay to declare a national emergency.