Tag: Uruguay

• Wednesday, July 4th 2012 - 02:53 UTC

  Partly Canadian owned South American airline on the verge of bankruptcy

  

  Uruguay’s bankrupt flagship carrier Pluna decided on Tuesday to cancel all flights during 48 hours following an announcement from the union of a two-day strike to protest working conditions and rumours of 200 redundancies.

• Wednesday, July 4th 2012 - 00:37 UTC

  Mujica confirms full support for Minister Almagro and Ambassador Pomi

  

  Even when Uruguayan president Jose Mujica assumed full responsibility for the controversial support suspending Paraguay and embracing Venezuela during the Mercosur summit, other details of events have emerged with Uruguayan ambassador Guillermo Pomi in Argentina, allegedly playing a crucial role.

• Tuesday, July 3rd 2012 - 06:31 UTC

  Argentina and Brazil deny Uruguay and insist the decision on Venezuela was unanimous

  

  Argentina underlined late Monday that the decision on the incorporation of Venezuela as full member of Mercosur was “unanimously” supported by the presidents from Argentina, Brazil and Uruguay during the group’s summit last Friday hosted by President Cristina Fernandez.

• Tuesday, July 3rd 2012 - 06:24 UTC

  Uruguay says it accepted Venezuela in Mercosur as part of a major negotiation

  

  The Uruguayan government said that it accepted the incorporation of Venezuela as full member of Mercosur as part of a “negotiation” in which it demanded no economic sanctions on Paraguay and that is why “the last word has not been said” on the issue.

• Tuesday, July 3rd 2012 - 06:14 UTC

  Brazilian opposition blasts Rousseff for the management of Paraguayan situation

  

  The leading member from Brazil’s main opposition political party described Uruguay’s claim that consensus was absent in the Mercosur decision to suspend Paraguay and to incorporate Venezuela as “extremely serious” and complained Mercosur has become a merely “ideological” grouping.

• Monday, July 2nd 2012 - 23:42 UTC

  Uruguay says it was Brazil that forced the incorporation to Mercosur of Venezuela

  

  The Uruguayan government revealed on Monday its disagreement with the way Venezuela’s incorporation to Mercosur was decided last Friday at the summit held in Mendoza, Argentina, and said “it was not the last word” since the process must be reviewed from a juridical point of view.

• Saturday, June 30th 2012 - 05:39 UTC

  Mercosur doubles list of goods that can have tariffs raised unilaterally 35% by each member

  

  Mercosur rejected an Argentine proposal to raise imports tariffs on all goods from outer zone to protect local industries, but accepted Brazil’s initiative to raise tariffs unilaterally on 200 goods, up from 100 agreed last December.

• Friday, June 29th 2012 - 03:00 UTC

  Uruguay’s project for a deepwater port on the Atlantic takes off

  

  Uruguay’s government is going forward with plans to build its first deepwater port along the Atlantic coastline in a place called “La Angostura”, an investment estimated in over 700 million dollars and which it wants to use as a platform to begin exporting iron-ore to China.

• Wednesday, June 27th 2012 - 17:19 UTC

  Uruguay’s fiscal performance exposed to “political limitations”, says S&P report

  

  Risk rating agency Standard & Poor’s praised Uruguay’s fiscal moderation in the last eight years since the budget’s fiscal deficit has been below 2% of GDP but criticized the “political limitations” which impede the achievement of a better performance.

• Tuesday, June 26th 2012 - 01:36 UTC

  Uruguay will not support any kind of economic sanctions on Paraguay

  

  Uruguayan president Jose Mujica rejected on Monday the possibility of applying economic sanctions on Paraguay following on the “parliamentary coup” as was announced by Venezuela which decided to cut the supply of subsidized oil.