Tag: Uruguay

• Wednesday, August 8th 2012 - 06:37 UTC

  Brazil begins major military exercise to test security along its southern borders

  

  Brazilian Armed Forces began this week a major deployment along the borders of Uruguay, Argentina, Paraguay and Bolivia involving 9.000 troops from the three services with the purpose of testing border security against smugglers mainly of arms and drugs and organized crime, said the Ministry of Defence.

• Tuesday, August 7th 2012 - 20:14 UTC

  Mercosur has only benefited Brazil in the last ten years with a surplus of 36.8bn

  

  Brazil is the only country that in the last ten years has benefited from Mercosur with an intra-zone trade surplus of 36.8 billion dollars while the other three full members, Argentina, Uruguay and Paraguay have accumulated huge deficits in the same period, according to Argentine economist Orlando Ferreres a regular columnist from La Nacion with graduate studies in Harvard.

• Tuesday, August 7th 2012 - 08:33 UTC

  Uruguay reacts with silence to repeated Argentine provocations

  

  The Uruguayan government said on Monday there will be no public statements on the latest “situations” with Argentina, and Uruguay will keep to what was agreed at presidential level during the last (31 July) Mercosur extraordinary meeting in Brasilia.

• Monday, August 6th 2012 - 23:24 UTC

  Poor ranking for Uruguay’s main university; Brazil and Chile top of Latam list

  

  Uruguay’s government-financed national university came up in position 79 in the QS academic quality international ranking of the top 100 Latinamerican universities. Brazil, Chile, Mexico, Argentina, Colombia were far better ranked than Uruguay’s Universidad de la Republica, Udelar, which has caused deep concern among government officials.

• Monday, August 6th 2012 - 08:07 UTC

  Ex-president says inclusion of Venezuela in Mercosur is “favourable for Uruguay”

  

  Former president Jorge Batlle (2000/2005) said that the inclusion of Venezuela in Mercosur “is favourable for Uruguay” but at the same time insisted it was “wrongly done” for not having taken into account Paraguay’s opposition currently suspended as member of the regional block.

• Thursday, August 2nd 2012 - 06:25 UTC

  Uruguay industries lobby questions the growing “political” predominance in Mercosur

  

  The ‘new’ Mercosur with Venezuela as a full member reinforces the regional block as a forum of ‘political understanding’ and no longer as an integration process ruled by international law.

• Wednesday, August 1st 2012 - 08:08 UTC

  Dilma welcomes President Chavez to the world’s fifth economy

  

  Brazilian president DIlma Rousseff said that with the incorporation of Venezuela, Mercosur has become a global power in food and energy and becomes the fifth world economy with a GDP of 3.3tn dollars.

• Wednesday, August 1st 2012 - 01:24 UTC

  Uruguay and Brazil sign wide ranging accord to promote trade and political links

  

  Uruguayan president Jose Mujica and his peer Dilma Rousseff signed in Brasilia a bilateral agreement to promote the free circulation of goods and services and the strengthening of political and trade links between the two countries.

• Tuesday, July 31st 2012 - 23:19 UTC

  With Venezuela Mercosur has become “a new pole of world power”

  

  Argentine President Cristina Fernández said on Tuesday during a press conference held at the Mercosur extraordinary summit in Brasilia, that Venezuela’s entry to the bloc “strengthens the entire region” and creates a “new pole of power” at world level.

• Tuesday, July 31st 2012 - 22:22 UTC

  Second risk rating agency upgrades Uruguay to investment grade

  

  Moody's Investor Service upgraded Uruguay's sovereign ratings from Ba1 to Baa3, following Standard & Poor's upgrade announced on April.