Tag: Uruguay

Thursday, November 15th 2012 - 02:08 UTC
Uruguayan populist president Jose Mujica, as described by BBC

It's a common grumble that politicians' lifestyles are far removed from those of their electorate. Not so in Uruguay. Meet the president - who lives on a ramshackle farm and gives away most of his pay.
Thursday, November 8th 2012 - 07:23 UTC
Former Uruguayan presidents disenchanted with Mercosur but divided on the path to follow

Four former elected Uruguayan presidents openly discussed Mercosur revealing an overall disenchantment with the regional political and trade group but with different emphasis as to what was the path to follow.
Tuesday, November 6th 2012 - 06:59 UTC
Mujica after in-depth discussion on ‘a real integration of Mercosur” with Chavez

Uruguayan president Jose Mujica has plans to meet two, probably three times before the end of the year with his peer from Venezuela, Hugo Chavez to address “a real integration” of Mercosur, not limited to trade, but at the same time admitting that Venezuela is rapidly becoming one of the main markets for Uruguayan exports.
Monday, November 5th 2012 - 19:13 UTC
Uruguay expects 243 cruise calls this season, up 9.3% over 2011/12

Uruguay expects 243 calls of cruise vessels during this summer 2012/13 season (October/April) which means, if confirmed there will be a 9.3% increase over the same period in the 2011/12 season. The information published in the Uruguayan presidency web says Montevideo expects 131 calls while Punta del Este 112.
Saturday, November 3rd 2012 - 04:20 UTC
IMF top marks for Uruguay’s economy but beware of inflation and wage indexation

An International Monetary Fund (IMF) mission headed by Ulric Erickson von Allmen visited Uruguay from October 22 to November 2 to conduct the country’s annual Article IV consultation. At the conclusion of the visit, Mr. Erickson von Allmen division chief in the IMF’s Western Hemisphere Department issued the following statement in Montevideo:
Friday, November 2nd 2012 - 06:36 UTC
Dollar plunges against the Uruguayan Peso in October; massive inflow of capital

The US dollar suffered in Uruguay during October its greatest fall since January 2009 following on the increase of the Central bank basic rate to 9% at the end of September, which turned Uruguayan bonds far more attractive for foreign investors.
Friday, November 2nd 2012 - 06:33 UTC
Uruguayan central bank indicator shows inflation is close to 11% in 12 months

Uruguay’s central bank said that consumer prices, excluding the most volatile items, have increased almost 11% in the last twelve months to September. Fresh fruit and vegetables, cigarettes and public utility rates are considered ‘volatile prices’.
Wednesday, October 31st 2012 - 18:12 UTC
Council of Europe promotes personal data protection in Latin America

The Council of Europe is promoting international co-operation in the field of personal data protection, in particular by encouraging non member states to ratify the Convention for the protection of individuals with regard to Automatic Processing of Personal Data, also known as Convention 108. Uruguay has started the process for its ratification and therefore may become the first non-Council of Europe member state to accede to the convention.
Tuesday, October 30th 2012 - 07:16 UTC
Australia’s Petrel Energy farms in with US explorer operating onshore Uruguay

Australia’s Petrel Energy is getting involved in Uruguay after taking a stake in a private US player which also gives it a presence in Spain. The Sydney-based explorer said its 25% stake in Schuepach Energy International (SEI) gives the company a shot at unearthing “company-making” large scale oil and gas discoveries.
Wednesday, October 24th 2012 - 21:17 UTC
Panama and Uruguay with greatest per capita GDP increase in 2008/2012, says Latinvex

Panama was the country with the greatest increase in per capita GDP in the last five years, followed by Uruguay, Peru, Dominican Republic and Chile according to a report from the digital publication Latinvex.