Uruguay’s ruling coalition received a “wake up call” from voters during last Sunday’s municipal elections, admitted Vice President Danilo Astori. The Broad Front managed to retain five, probably six, of the 19 regional governments (departments) in which Uruguay is divided, while the opposition took the rest.
Communist Ana Olivera became Sunday the first elected woman mayor of the capital of Uruguay, Montevideo, following municipal elections for executive posts and councillors in the 19 regions in which the country is divided.
Brazilian president Lula da Silva is expected in Montevideo, Uruguay Tuesday afternoon to hold talks with his counterpart Jose Mujica, following the Unasur extraordinary presidential summit in Buenos Aires.
Colombian Foreign Affairs minister Jaime Bermúdez Merizalde said Friday that before the standing chairman of the Union of South American Nations (UNASUR) is decided, Uruguay and Argentina must solve their differences.
More than ten investment banks, including Wells Fargo, HSBC, Merrill Lynch and Credit Suisse, will leave Argentina in the coming weeks, a Buenos Aires newspaper reported Monday.
Jazz Air Income Fund has agreed to invest 15 million US dollars for an indirect stake in Uruguay's flagship carrier, Pluna. The fund behind Air Canada's regional affiliate, Jazz Air, said that it will get a one-third, non-voting interest in Latin American Regional Aviation Holding Corp., which owns 75% of Pluna Lineas Aireas Uruguayas. The remaining 25% of Pluna is held by the government of Uruguay.