Uruguay

Tuesday, February 17th 2026 - 03:15 UTC
Dynamic market for RWS certified Merino wool in Uruguay

The Uruguayan wool market has become particularly dynamic during this 2025/26 season, reflecting events in Australia where prices for clean fine wool have soared above US$ 12 per kilo, for the first time in six and a half years, very close to the maximums from 2019.
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Monday, February 16th 2026 - 13:28 UTC
Uruguay's Conexión Ganadera case: founder’s daughter moved $15.9m, BCU says

Uruguay’s Conexión Ganadera investigation — a criminal case stemming from the collapse of a livestock-linked investment operation that led to fraud charges and, in some instances, money-laundering allegations — has moved forward after the Central Bank of Uruguay (BCU) sent prosecutors a report detailing bank transfers made by Marcela Carrasco, the daughter of Pablo Carrasco, a founder of the firm who is currently in pre-trial detention and charged with money laundering.
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Monday, February 16th 2026 - 06:13 UTC
Argentina–Uruguay river commission faces tensions over funding and infrastructure disputes

A string of disagreements between Uruguay’s and Argentina’s delegations at the Administrative Commission of the Uruguay River (CARU) has heightened internal friction at the binational body in recent weeks, amid clashes involving infrastructure proposals, absences from official events and public allegations over the handling of funds and allowances.
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Friday, February 13th 2026 - 23:59 UTC
Uruguay cancels Cardama OPV deal over “serious breaches,” moves toward legal action

Uruguay’s government has terminated its contract with Spain’s Cardama shipyard for the construction of two offshore patrol vessels (OPVs) for the Uruguayan Navy, citing “serious contractual breaches,” and said it will seek damages through legal action.
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Tuesday, February 10th 2026 - 04:16 UTC
Chickenpox ruled out in President Orsi after return from official China trip

Uruguay’s President Yamandú Orsi tested negative for chickenpox after undergoing screening prompted by a confirmed case within the official delegation that returned from a trip to China, the Ministry of Public Health (MSP) said on Monday.
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Friday, February 6th 2026 - 17:37 UTC
Tunnel under Montevideo’s historic district foils bank raid plot, raises regional crime links

According to the Interior Ministry, the plot relied on a commercial premises leased in mid-2025, from which an access point was allegedly opened into the sewers to advance toward a nearby financial institution. The broader investigation began on September 11 with an anonymous tip about a suspected drug-selling point in Neptunia, in Canelones, and expanded as investigators tracked a network with logistical presence in Montevideo.
Friday, February 6th 2026 - 03:46 UTC
Taiwan protests Uruguay–China statement calling the island an “inalienable” part of China

Taiwan’s government issued a “strong protest and condemnation” after a joint statement released in Beijing by Uruguay’s President Yamandú Orsi and China’s President Xi Jinping reiterated Montevideo’s adherence to the “one China” principle and described Taiwan as an “inalienable” part of Chinese territory.
Thursday, February 5th 2026 - 05:41 UTC
Pope Leo XIV set to visit Peru later in 2026, bishops say, as planning advances

Peru’s Catholic bishops say preparations are under way for Pope Leo XIV to travel to Peru in November or the first week of December, a trip that would take the first U.S.-born pontiff back to a country where he served as a bishop and later obtained Peruvian citizenship.
Tuesday, February 3rd 2026 - 22:12 UTC
Uruguay’s peso the most “overvalued” currency as it tops Big Mac index ranking

Uruguay’s peso has been labelled the world’s most “overvalued” currency against the U.S. dollar on a GDP-per-capita-adjusted basis, according to the latest Big Mac Index published by The Economist and cited by Uruguayan media. Under the adjusted methodology, the peso is estimated to be 83.9% above its implied “long-run equilibrium.” In the unadjusted ranking, Uruguay places second, with 43.1% overvaluation, behind the Swiss franc.
Tuesday, February 3rd 2026 - 12:53 UTC
Orsi, Xi Jinping sign cooperation deals in Beijing as Uruguay backs “one China” and trade talks with Mercosur are floated

China’s President Xi Jinping met Uruguay’s President Yamandú Orsi in Beijing on Tuesday, a visit framed by both sides as a bid to deepen political alignment and broaden economic ties at a moment of heightened geopolitical competition.