Uruguay

Saturday, January 3rd 2026 - 08:50 UTC
Paraguayan group buys over major Uruguayan retail business

Paraguay's Grupo Vierci has signed a binding agreement to acquire 100% of GDN Uruguay's shares, encompassing key retail brands including Supermercados TaTa, Farmacia San Roque, BAS apparel, MultiAhorro Hogar home goods, and wholesale chain Frontoy.
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Friday, January 2nd 2026 - 08:16 UTC
China announces beef import quotas

Beginning in 2026, the Chinese Ministry of Commerce will implement a three-year “protective measure” consisting of a 55% tariff on beef imports exceeding specific quotas. The initiative was found to hit the United States, Brazil, and Australia. However, it would leave Uruguay unharmed and prevent any Argentine expansion.
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Wednesday, December 31st 2025 - 10:41 UTC
US embassies tasked with monitoring Latin America's migration policies

The US State Department formally instructed its embassies across Latin America to monitor and report on government policies that encourage or facilitate mass migration, it was announced on Tuesday.
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Tuesday, December 30th 2025 - 10:38 UTC
Over 3.2mn foreign travelers visit Uruguay through November 2025

Uruguay’s tourism sector has solidified its position as a primary engine of the national economy, welcoming 3,207,536 international visitors between January and November 2025. According to the latest report from the Ministry of Tourism (Mintur), these travelers generated an estimated US$1.784 billion in foreign exchange earnings.
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Tuesday, December 30th 2025 - 09:55 UTC
Power cuts reported in São Paulo due to heavy rains

Some 31,000 households were left without electricity on Monday in São Paulo after heavy rains late in the afternoon, leading to a Civil Defense flooding alert in South America's largest city.
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Monday, December 29th 2025 - 10:43 UTC
Uruguayan version of La Libertad Avanza crisis deepens

Argentina's ruling party La Libertad Avanza (LLA) of President Javier Milei has remained silent following recent scandals involving its Uruguayan namesake after initial endorsements involving key figures such as former Security Minister and current Senator Patricia Bullrich.
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Tuesday, December 23rd 2025 - 11:43 UTC
Uruguay's Economy Minister worried by too much success

Uruguay's Economy Minister Gabriel Oddone announced Monday that his country's GDP was projected to expand by 2.3% this year. While the figure is slightly lower than initial government forecasts, Oddone emphasized that it represents more than double the average growth rate seen over the past decade.
Monday, December 22nd 2025 - 10:08 UTC
Uruguay and HIF reach agreement for green hydrogen complex

The Government of Uruguay and the multinational firm HIF Global have signed a Memorandum of Understanding (MoU) to develop a synthetic fuels project in the department (province) of Paysandú, representing a record-breaking investment of over US$5.3 billion.
Saturday, December 20th 2025 - 10:32 UTC
Mercosur leaders shift to “constructive patience” after EU FTA delay

Following decades of negotiations and a high-stakes “now or never” deadline set for this week, the Southern Common Market (Mercosur) bloc has officially adopted a stance of cautious optimism after the European Union (EU) failed to secure the necessary internal mandate to sign the historic Free Trade Agreement (FTA) on Saturday.
Friday, December 19th 2025 - 10:53 UTC
CAF okays US$980mn package for Uruguay

The Board of Directors of the Development Bank of Latin America and the Caribbean (CAF) has authorized a landmark US$980 million credit operation for Uruguay. This approval represents one of the largest single financial commitments in the organization's history with the country, targeting a massive overhaul of public infrastructure, climate resilience, and social integration.