Tag: Uruguay

• Friday, April 30th 2010 - 05:54 UTC

  Uruguay’s Fray Bentos Pulp Mill Boosts Profits of Finland’s UPM

  

  Finland’s pulp and paper manufacturer UPM's (OMX: UPM1V) Fray Bentos unit in Uruguay proved overwhelmingly the most profitable, helping to boost an otherwise first quarter profit of the year which was described as “unsatisfactory” by CEO Jussi Pesonen.

• Friday, April 30th 2010 - 05:14 UTC

  Overwhelming Majority of Uruguayan Children access Internet Regularly

  

  An overwhelming majority of Uruguayan children between the ages of 6 to 11 regularly use Internet according to a recent report from consultants Radar. The Seventh Profile on Uruguay’s Internauts shows that 85% of children use the net which represents a 30% increase over 2008 when the rate was 55%.

• Thursday, April 29th 2010 - 05:41 UTC

  Cristina Kirchner and Mujica Agree to Re-Channel Bilateral Relations

  

  Argentine President Cristina Fernández de Kirchner and her Uruguayan counterpart José “Pepe” Mujica said on Wednesday they will be working to “re-channel” bilateral relations and will strictly abide the ruling of the Botnia paper mill case.

• Wednesday, April 28th 2010 - 06:46 UTC

  Mujica and Cristina Meet to Trade Apologies, Pickets and an Inconvenient Situation

  

  Uruguay and Argentine presidents will be meeting Wednesday in Buenos Aires to analyze the aftermath of the International Court of Justice judgement on the pulp mills controversy and hopefully find a way, to peacefully lift Argentine protestors’ pickets that have been blocking since 2006 a bridge linking the neighbouring countries.

• Wednesday, April 28th 2010 - 06:29 UTC

  Banks Serving Rich Argentines Moving from Bs. As. to Miami and Montevideo

  

  More than ten investment banks, including Wells Fargo, HSBC, Merrill Lynch and Credit Suisse, will leave Argentina in the coming weeks, a Buenos Aires newspaper reported Monday.

• Tuesday, April 27th 2010 - 21:40 UTC

  Canadian Fund Invests in Uruguay’s Flagship Carrier PLUNA

  

  Jazz Air Income Fund has agreed to invest 15 million US dollars for an indirect stake in Uruguay's flagship carrier, Pluna. The fund behind Air Canada's regional affiliate, Jazz Air, said that it will get a one-third, non-voting interest in Latin American Regional Aviation Holding Corp., which owns 75% of Pluna Lineas Aireas Uruguayas. The remaining 25% of Pluna is held by the government of Uruguay.

• Tuesday, April 27th 2010 - 02:53 UTC

  Mr. Kirchner to Be Named Chairman of UNASUR When Leaders Meet in Argentina

  

  Leaders from the Union of South American Nations, UNASUR are scheduled to meet May 3 and 4 in Buenos Aires with President Cristina Fernández de Kirchner acting as host and Ecuador’s Rafael Correa as temporary chairman.

• Monday, April 26th 2010 - 21:24 UTC

  Uruguay 2010 Soy-Bean Boom Crop Could be Just a One Year Record

  

  Uruguay is currently harvesting what is considered a record crop of soybean the ever expanding oil seed that as in neighbouring countries is taking over land from other exploitations and has made Mercosur the world’s leading producer and exporter.

• Monday, April 26th 2010 - 06:21 UTC

  Pulp Mill Dispute: Protest and Counter Protest on Both Sides of the River Uruguay

  

  Angry protestors from Argentina marched Sunday on to the bridge linking with Uruguay to express their disenchantment with the recent international court judgement on the pulp mill dispute, which confirmed the mill does not pollute and there’s no sufficient evidence for re-location or damages’ compensation as demanded by Argentine environmentalists.

• Friday, April 23rd 2010 - 01:26 UTC

  Latam growingly dependent on Chinese demand for commodities

  

  Latinamerican countries with a greater link to China such as Chile, Brazil and Peru are moving out of the crisis faster and stronger according to a World Bank report which underlines the increasing significance of the Asian giant for the region.