Tag: Uruguay

• Monday, November 14th 2011 - 20:18 UTC

  Mercosur/EU confident of a first proposals exchange in mid 2012

  

  The seventh round of Mercosur/EU trade negotiations held in Montevideo ended with “progress in some areas at regulation and norms levels” and with the commitment of exchanging proposals in mid 2012, according to Joao Aguiar Machado head of the EU team.

• Monday, November 14th 2011 - 16:48 UTC

  Uruguay has become an IMF creditor and contributed to bail-out Ireland

  

  Uruguay has become a net creditor of the International Monetary Fund and given this condition has helped in the bailing out of such countries as Ireland and Angola, revealed a top authority of the Central Bank during a hearing before the country’s Senate’s Finance Committee.

• Monday, November 14th 2011 - 07:37 UTC

  Uruguay fears fall in value of the Argentine Peso could impact summer season

  

  In the last eleven days the Argentine Peso has fallen almost 20% in neighbouring Uruguay where it has sounded alarm bells ahead of the coming season when hundreds of thousands of Argentines flood Uruguayan beaches.

• Thursday, November 10th 2011 - 06:31 UTC

  Uruguay advised to lower Mercosur expectations and ‘follow your own interests’

  

  Mercosur expectations must be lowered and made to prosper in energy integration, infrastructure and trade, said a Uruguayan leading economist adding that without sounding dramatic “we must follow our interests”.

• Thursday, November 10th 2011 - 06:17 UTC

  Uruguay best place to live in Latin America, says Legatum Institute

  

  Uruguay is the best place to live in Latin America according to the Legatum Institute fourth year index on quality of life conditions which ranks 110 countries world wide representing 90% of world population and 97% of the global economy.

• Thursday, November 10th 2011 - 06:14 UTC

  Uruguay claims Brazilian support in “fiscal haven” controversy with Sarkozy

  

  A top Uruguayan official said the country has the support of Brazil regarding the controversy triggered when President Nicholas Sarkozy as host and ‘rapporteur’ of the recent G20 summit named Uruguay in the list of the world’s most notorious fiscal havens.

• Tuesday, November 8th 2011 - 08:41 UTC

  Mujica says Argentina was not involved in the “tax haven” claim incident

  

  Uruguay’s President, José Mujica said on Monday that Argentina had nothing to do with the comment made by France’s leader Nicolas Sarkozy indicating that Uruguay was a “tax haven.”

• Tuesday, November 8th 2011 - 07:48 UTC

  French ambassador defends Sarkozy’s statements claiming Uruguay is a fiscal haven

  

  The French ambassador in Montevideo, Jean Christophe Potton said that when President Nicholas Sarkozy named Uruguay and ten other countries as ‘fiscal havens’, which could be isolated from the International community, he was speaking in representation of the G20 countries summit in Cannes.

• Monday, November 7th 2011 - 05:13 UTC

  Uruguayan opposition accuses Argentina of having Sarkozy label the country a “tax haven”

  

  Opposition leaders in Uruguay accused Argentina of “exerting pressure inside the G20 and the Organisation for Economic Co-operation and Development (OECD)” so the neighbouring country would be labelled a “tax haven,” the Montevideo media said.

• Thursday, November 3rd 2011 - 14:44 UTC

  Chile, Argentina and Uruguay with highest human development index in Latam

  

  Chile, Argentina and Uruguay have the highest standards of living in Latin America according the latest report from the United Nations Human Development Index (HDI).