Tag: Uruguay

• Tuesday, September 16th 2014 - 05:25 UTC

  Uruguay's economy expands 3.7% during the second quarter over a year ago

  

  Confirming ten years of sustained expansion the Uruguayan economy advanced 2% in the second quarter over the first quarter and 3.7% over the same period a year ago, according to the latest reports from the Central bank.

• Friday, September 12th 2014 - 01:39 UTC

  Singapore Olam will invest 80m in dairy processing facility in Uruguay

  

  Singapore based Olam International's wholly-owned subsidiary New Zealand Farming Systems Uruguay will be investing 80 million dollars to establish a new dairy processing facility in Uruguay.

• Tuesday, September 9th 2014 - 04:57 UTC

  Opposition parties five points ahead of Uruguay's ruling coalition for October election

  

  With less than fifty days to national elections when Uruguayans will vote for president and a new parliament (26 October), public opinion polls indicate that the ruling coalition until a few months ago the undisputed winner, faces a runoff and whoever wins will have to rule with a divided legislative.

• Tuesday, September 9th 2014 - 04:46 UTC

  Uruguay opens second pulp mill with annual production capacity of 1.45 million tons

  

  Uruguay officially inaugurated on Monday a second pulp mill, Montes del Plata, on the River Plate, belonging to Chile's Arauco and Swedish-Finnish Stora Enso, which is considered the largest single investment in the country and will have an annual production of 1.3 million tons.

• Monday, September 8th 2014 - 07:25 UTC

  Belize supports Uruguay's Almagro for OAS Secretary General next year

  

  Belize says it will support Uruguay for the position of secretary general of the Organization of American States (OAS) and downplayed any suggestion that its non-support for the Guatemalan candidate was linked to the ongoing territorial dispute between the two countries.

• Thursday, September 4th 2014 - 05:00 UTC

  Argentina looks to Uruguay to issue sovereign bonds and pay creditors

  

  A former chairman of Argentina's central bank board, Aldo Pignanelli considered neighboring Uruguay could be a “trustworthy” option for Argentina to issue sovereign bonds and pay creditors. Uruguay has an outstanding international reputations regarding abiding by contracts and ensuring legal security, added the Argentine banker.

• Tuesday, September 2nd 2014 - 07:01 UTC

  Controversy in Uruguay over transfer of Guantanamo prisoners, before or after October election

  

  US ambassador in Montevideo, Julissa Reynoso said that Washington “does not impose a date” for the transfer and arrival of the Guantanamo prison detainees to be accepted by Uruguay, but admitted that the ideal would be for this to happen before the end of President Jose Mujica's mandate next March first.

• Tuesday, September 2nd 2014 - 06:34 UTC

  Spain's Iberia returns to Carrasco with 2.300 seats a week on the Montevideo-Madrid route

  

  Spain's flag carrier Iberia made its return to Uruguay on Monday after being out of the South American country's market for 18 months, marking the resumption of a route that will offer up to 2,300 seats to travelers on a weekly basis. Iberia, a unit of IAG, will be providing service on the Madrid-Montevideo and Montevideo-Madrid route with four weekly flights.

• Monday, September 1st 2014 - 10:43 UTC

  Uruguay's main agro-business show opens on Wednesday at the Prado greens

  

  Next Wednesday Uruguay's main agro-show at the Prado's greens will open to receive over 2.277 livestock among which will be selected the top cattle (meat and dairy), sheep (wool and lambs), horses and swine of the country, in a display of advanced genetics.

• Saturday, August 23rd 2014 - 07:21 UTC

  “Significant drop” in cruise calls in Uruguay this coming season

  

  A significant drop in the number of calls and visitors is forecasted for this coming 2014/15 cruise season in Uruguay, according to tourism officials. While in the last season Uruguay received 238 cruise calls, beginning November the number is expected to drop to 187, this apparently because of the very high costs in the ports of Buenos Aires and Brazilian terminals.