Tag: Uruguay

Wednesday, November 13th 2013 - 00:16 UTC
Uruguay sends bill to parliament banning ownership of land by foreign companies or governments

The Uruguayan government sent a draft law to parliament Tuesday that would ban the ownership of land by companies if they are in any way linked to foreign countries. The measure states it “aims to avoid the risk of foreign states breaching the sovereignty of the Uruguayan state in the absence of appropriate regulations and occupying a significant position in agricultural activity.”
Saturday, November 9th 2013 - 19:21 UTC
Mujica holds cabinet meeting and flies off to Brazil and Venezuela

Uruguayan president Jose Mujica decided to advance Monday's ministerial cabinet for Saturday so that he can fly to Brazil and Venezuela where he is scheduled to meet with Dilma Roussefdf and later Nicolas Maduro. Mujica on Friday al last moment cancelled his trip to Brasilia but will be meeting Rousseff in the southern city of Porto Alegre.
Friday, November 8th 2013 - 14:32 UTC
Mercosur cancels summit until end of January waiting for Cristina Fernandez

The Mercosur summit scheduled for December in Venezuela has been suspended and will most probably take place sometime in late January announced Uruguayan president Jose Mujica who on Friday cancelled a trip to Brasilia to meet with his peer Dilma Rousseff.
Thursday, November 7th 2013 - 23:05 UTC
Advice for Mujica: “professional, not presidential diplomacy” to deal with Cristina Fernandez

Uruguayan president Jose Mujica is fed up with problems with Argentina but must abandon the 'presidential diplomacy' and turn to 'professional diplomacy' because President Cristina Fernandez will not modify her conduct, warned one of Argentina's most respected political analysts, Rosendo Fraga.
Thursday, November 7th 2013 - 19:06 UTC
Mercosur and Argentina top of the agenda in Mujica/Rousseff summit in Brasilia

Mercosur negotiations, disputes with Argentina and economic complementation with Brazil are among the main issues of a long agenda that Uruguay and Brazil will address when President Jose Mujica visits his Brazilian peer Dilma Rousseff on Friday in Brasilia.
Tuesday, November 5th 2013 - 13:40 UTC
”This woman (Cristina Fernandez) is a scoundrel, hates Uruguay and will try to harm us the most”

A Uruguay former central bank president and now head of an investment fund described Argentine president Cristina Fernandez as a 'scoundrel' that will do her utmost to harm Uruguay because 'they hate us'. Juan Carlos Protasi made the statements during a morning conference to analyze the current Argentine economic situation and its regional implications.
Tuesday, November 5th 2013 - 07:56 UTC
Uruguay October inflation 0.82% and 9.09% in the first ten months of 2013

Uruguay's consumer prices' index increased 0.82% in October, and 8.67% in the last twelve months but 9.09% in the first ten months of the year, according to the latest release from the country's Stats Office, INE.
Monday, November 4th 2013 - 06:01 UTC
Botnia/UPM controversy: Argentina retaliates delaying Uruguayan exports

Argentina's clash with Uruguay over the Botnia/UPM pulp mill has led to furious retaliations from Buenos Aires severely limiting trade and not allowing Argentine exporters to make use of the port of Montevideo for transshipment.
Monday, November 4th 2013 - 05:43 UTC
Uruguay extends UPM pulp mill production license for another three years

The Uruguayan government announced it has renewed until 2016 Botnia/UPM pulp mill license so it can continue with production since it complies with the necessary environmental requisites and is committed to the additional standards demanded, said Housing and Environment minister Francisco Beltrame.
Monday, November 4th 2013 - 00:30 UTC
IDB financing for private sector 90 MW wind farms in Uruguay

The Inter-American Development Bank (IDB) approved a private sector loan for up to 132.6 million to partially finance the construction of the Carapé I and II wind farms in Uruguay.