Tag: Uruguay

• Monday, March 5th 2012 - 20:11 UTC

  Argentina trade restrictions cut Uruguayan exports by almost half in February

  

  Uruguayan exports to Argentina during the month of February plummeted 46.6% compared to the same month a year ago according to Uruguay’s Union of Exporters, which attributes the poor performance to the imports restrictions imposed by the neighbouring country.

• Monday, March 5th 2012 - 05:50 UTC

  Uruguayan economy forecasted to expand 4% to 4.5%; inflation main challenge

  

  Uruguay's economy is poised to expand 4% to 4.5% this year, a moderate slowdown from the growth of just over 6% seen in 2011, the president of the central bank Mario Bergara told reporters during an IMF conference held in Punta del Este.

• Monday, March 5th 2012 - 05:24 UTC

  Korean fishing vessel catches fire in Montevideo: two dead, two seriously injured

  

  Uruguayan fire brigades finally managed Sunday afternoon to control and extinguish the fire that broke out in a Korean fishing vessel early Saturday morning which was fully loaded with fuel and ready to depart for Antarctica, reported the Uruguayan Navy PR department.

• Wednesday, February 29th 2012 - 07:36 UTC

  Uruguayan navy ousts 13 Brazilian flagged fishing vessels from sovereign waters

  

  The Uruguayan Navy and Coast Guard impeded 13 Brazilian flagged trawlers from entering sovereign waters to fish, according to an official release from the Presidency website

• Monday, February 27th 2012 - 04:55 UTC

  Mujica admits trade relations with Argentina are “very complicated”

  

  Uruguayan President José Mujica admitted trade relations with Argentina are “very complicated” because of the import restrictions implemented by the government of President Cristina Fernández and did not discard ‘mirror’ measures to counter

• Friday, February 24th 2012 - 20:38 UTC

  Uruguay admits textile exports could be infringing Brazil’s antidumping rules

  

  Uruguay’s Minister of Industry and Energy Roberto Kreimerman admitted that Brazil suspended the access of textiles from Uruguay alleging that they were essentially Chinese cloth rolls with minimum input but stamped as Uruguayan manufactured and dispatched to Brazil.

• Thursday, February 23rd 2012 - 05:14 UTC

  Mujica says presence of Prince William in Malvinas is not a ‘nice’ gesture

  

  Uruguayan president Jose Mujica said that the presence of Prince William, heir to the British Crown, in the Malvinas Islands is a gesture “not at all nice” and called for the dispute with Argentina not to become military because it’s no good for anybody, least for the region.

• Thursday, February 23rd 2012 - 05:03 UTC

  Inflation, over-valued currency and threat to exports, Uruguay’s 2012 challenge

  

  Inflation and an over valued currency are among the main challenges faced by the Uruguayan economy this year in the framework of a global recession which threatens the country’s exports

• Wednesday, February 22nd 2012 - 17:33 UTC

  Brazil and Uruguay with the most expensive per capita Legislative branch

  

  Uruguay has the second most expensive per capita Legislative branch and also as a percentage of the government’s overall expenditure, although Uruguayan lawmakers earn half their best paid neighbours in Brazil, according to reports in the Montevideo press.

• Wednesday, February 22nd 2012 - 01:15 UTC

  Double medical check for MSC Armonia passengers and crew in Montevideo

  

  Passengers and crew from the Italian cruise vessel MSC Armonia had to undergo a medical check-up when they docked in Montevideo Tuesday morning following the death of a member of the crew who is believed to have caught a type of flu virus.