Tag: Uruguay

• Wednesday, October 8th 2014 - 08:24 UTC

  Uruguay presidential race to be decided in runoff in November seems confirmed by latest poll

  

  A run off in November to elect Uruguay's president seems most certain because none of the two leading candidates will manage a majority in the first round on 26 October, according to the latest public opinion poll.

• Wednesday, October 8th 2014 - 08:16 UTC

  Whoever wins Uruguayan election, no major changes in policy, says US bank

  

  Under the heading of “Emerging markets prospects and strategy” the US bank group JPMorgan-Chase states that no matter who wins in Uruguay's 26 October presidential election, “we do not expect significant changes in the framework of current policy”.

• Wednesday, October 8th 2014 - 07:54 UTC

  IMF keeps Uruguay's growth estimate for this year, but lowers 2015

  

  The International Monetary Fund kept Uruguay's growth estimate for this year at 2.8% but lowered the forecast for 2015 to 2.8% from 3%, according to the latest World Economic Outlook. Last year the Uruguayan economy expanded 4% and the government's target for this year is 3%.

• Monday, October 6th 2014 - 06:44 UTC

  Uruguay forced to lower public utility rates to keep inflation below 10%

  

  Uruguay's inflation indicator dropped to 8.36% in September from 8.75% in August, according to the latest report from the country's stats office INE. During September consumer prices increased a full 1%, and 8,04% in the first nine months of the year. However despite the high percentage it is below the same period a year ago: 8.41%.

• Thursday, October 2nd 2014 - 07:47 UTC

  Uruguay's presidential election at the end of October 'too tight to call'

  

  With less than four weeks to 26 October presidential election in Uruguay, the leading candidates are in a neck to neck race, which will demand a run off at the end of November with the result is too close to call, although two of the latest opinion polls believe that the ruling coalition could still scratch through.

• Thursday, October 2nd 2014 - 07:06 UTC

  Uruguay's fiscal deficit 'relatively' stable at 3.3% of GDP

  

  Uruguay's fiscal deficit in the twelve months to August was equivalent to 3.3% of GDP, or 1.725bn dollars according to the latest release from the Economy and Finance ministry. However the primary deficit (before debt payments) was 202 million dollars or 0.39% of GDP.

• Monday, September 29th 2014 - 08:54 UTC

  Uruguay needs to improve infrastructure, “especially roads and port facilities”

  

  Finland's UPM, one of the largest forestry groups in the world, does not intend for the moment to build any new pulp mills in Uruguay, said Jaakko Sarantola, vice president of the cellulose division of the company, who also pointed out that Uruguay needs to improve infrastructure to facilitate logistics.

• Monday, September 22nd 2014 - 04:16 UTC

  Mujica brags on foreign policy; Latam ready to play a larger role in peace issues, Europe has lost clout

  

  Uruguay's president Jose Mujica said the latest world events show that Europe 'has lost clout' in global affairs, and has lost strength as 'peace mediator', and this role could be “much better performed by Latin America”.

• Thursday, September 18th 2014 - 06:08 UTC

  Emma Watson draws hundreds of young fans in Montevideo during the UN goodwill visit

  

  British actress Emma Watson drew hundreds of young fans on Wednesday as she visited Uruguay's Legislative Palace to promote women's participation in politics in her new role as a UN goodwill ambassador.

• Thursday, September 18th 2014 - 05:14 UTC

  Philip Morris determined to make its legal battle over cigarette labeling with Uruguay, a lesson for other countries

  

  Whether you’re a Marlboro man or a Benson & Hedges smoker, if you pick up a pack in the South American nation you will be greeted by an image of decaying teeth, premature babies, horrific hospital scenes or some other terrifying scenario.