Tag: Uruguay

• Tuesday, June 19th 2012 - 06:23 UTC

  Uruguay economy expands 1.9% in the first quarter but uncertainties persist

  

  Uruguay’s economic growth quickened in the first quarter, spurred by increased transport and communications. GDP expanded 4.2% from a year earlier and grew 1.9% from the fourth quarter of 2011, the central bank said on its website.

• Friday, June 8th 2012 - 01:19 UTC

  Uruguay hopes China will build and finance a deep-sea port on the Atlantic

  

  Uruguay’s long standing dream of building a deep-water port in the east of the country could become a reality in coming days when China’s Prime Minister Wen Jiabao visits the country, according to the government financed newspaper La Republica.

• Wednesday, June 6th 2012 - 06:33 UTC

  Uruguayan economist joins Brookings Institution as director of Latam Initiative

  

  Ernesto Talvi, an expert on Latin America, emerging markets and economic policy, will join the Brookings Institution as director of the Latin American Initiative (LAI), Brookings President Strobe Talbott announced this week.

• Wednesday, June 6th 2012 - 06:27 UTC

  Uruguay planning to expand nascent sovereign debt market to improve liquidity

  

  Uruguay wants to expand its nascent local sovereign debt market to improve the liquidity of its securities, said Azucena Arbeleche, the head of the country’s debt management unit at the Ministry of Economy and Finance.

• Tuesday, June 5th 2012 - 23:34 UTC

  Uruguay lost competitiveness for sixth month running in April with main trade partners

  

  External competitiveness of Uruguayan goods dropped for the sixth month running in April because locally produced goods’ prices in US dollars dropped less than those of its main trade partners according to figures released by the Central bank.

• Tuesday, June 5th 2012 - 20:03 UTC

  Uruguay’s inflation kept climbing in May reaching an annualized 8.06%

  

  Uruguay’s inflation climbed in May to an annualized 8.06% the highest so far this year, according to the Statistics Office release on Tuesday. In May consumer prices were up 0.39% over April accumulating 3.82% in the first five months of the year, which makes the annual target of 4% to 6% hard to achieve.

• Tuesday, June 5th 2012 - 07:46 UTC

  Canada and US closely monitoring Uruguay’s flag air carrier in the brink of default

  

  The governments of Canada and the US are “concerned” and “closely following” events in Uruguay’s flag air carrier Pluna since banks and an investment fund from the two countries are heavily involved in the running of the money-loosing company is spite of repeated financial support from the Uruguayan government.

• Monday, June 4th 2012 - 03:22 UTC

  Latin America holds 42% of the world’s agriculture expansion potential

  

  Latin America is one of the few regions of the world where agriculture production can expand since it holds 42% of that potential globally, said Victor M. Villalobos Director General of the Inter American Institute for the Cooperation on Agriculture, IICA.

• Friday, June 1st 2012 - 02:24 UTC

  Uruguay looks to China to expand trade and services, and attract more investment

  

  Uruguay looks forward to increase trade with China in value and diversification as Beijing commands a bigger economic and cooperation role in South America, Uruguayan Foreign Minister Luis Almagro said in an interview with China Daily.

• Wednesday, May 30th 2012 - 05:12 UTC

  Merger in Brazil creates market leader in sugar, rice and canned fish

  

  Brazilian sugar and ethanol producer Cosan and the country's largest rice producer, Camil Alimentos, reached an agreement to merge their food divisions, Cosan said in a statement this week.