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MercoPress, en Español

Montevideo, December 25th 2024 - 01:15 UTC

Uruguay

  • Tuesday, December 24th 2024 - 10:31 UTC

    Uruguay's BCU ups basic interest rate

    Uruguay's core inflation was above target for two months in a row, the BCU warned

    Uruguay's Central Bank (BCU) Monetary Policy Committee decided Monday to raise the TPM benchmark interest rate from 8.5% to 8.75% in a move to make inflation and expectations “meet” at 4.5% annually over the last 24 months. It was the first twitch to the TPM since April when it was cut from from 9%.

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  • Tuesday, December 24th 2024 - 10:16 UTC

    Uruguay: Topolansky says she will not recant

    “I cannot recant, since I knew what I said,” Topolansky stressed

    Former Uruguayan VicePresident and First Lady Lucía Topolansky Monday sent a letter to a group of relatives of people who disappeared during the military dictatorship saying she would not backtrack on saying that some witnesses had lied during the trials of those who committed these atrocities.

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  • Monday, December 23rd 2024 - 23:05 UTC

    Andrés Ojeda chosen to chair Uruguay's Colorado Party

    Ojeda succeeds Colorado's iconic figure and former two-time Uruguayan President Julio María Sanguinetti

    Senator-elect Andrés Ojeda became the Uruguayan Colorado Party's new secretary-general in lieu of former two-time President Julio María Sanguinetti (1985-1990; 1995-2000), now aged 87. The 40-year-old Ojeda had jumped into the limelight when he ran for the presidency on Oct. 27 this year on behalf of the Colorado Party this year, clinching third place.

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  • Friday, December 20th 2024 - 09:32 UTC

    Stipanicic resigns as president of Uruguay's Ancap

    “It is healthy to be able to close cycles when they come to an end,” Stipanicic said

    Alejandro Stipanicic's resignation Thursday as president of Uruguay's State-run oil company Ancap stirred up the political arena in Montevideo leading up to the transition towards the new government of President-elect Yamandú Orsi.

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  • Thursday, December 19th 2024 - 16:58 UTC

    Controversy over Lucía Topolansky's statements on false testimonies in crimes against humanity

    Former President José 'Pepe' Mujica backed the statements made by Topolansky, his wife, to the press.

    The former vice-president of Uruguay, Lucía Topolansky, generated a strong controversy when she affirmed that some people lied before Justice in cases investigating crimes against humanity committed during the civil-military dictatorship. Her statements, made in an interview for the book Los indomables, have been criticized by victims, prosecutors and human rights organizations.

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  • Thursday, December 19th 2024 - 09:11 UTC

    Uruguay: Unemployment falls in November

    Underemployment and informal work will pose a challenge for President-elect Orsi

    Unemployment in Uruguay fell to 7.2% of the Economically Active Population (EAP) last month, which represented a slight improvement from October’s 7.3%, according to the latest report from Montevideo's National Statistics Institute (INE) this week. It was the lowest figure since December 2021.

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  • Wednesday, December 18th 2024 - 09:37 UTC

    Uruguay: Ancap oil pipeline leak hits key road

    The pipeline between Punta del Este and Ancap's refinery was not pumping oil at the time of the incident

    Uruguay's State-run oil company Ancap reported Tuesday a leak in an oil pipeline around the Biarritz (kilometer 71) on Costa de Oro in the department (province) of Canelones. The spill reached the highway causing delays in vehicle circulation for a while as stains of oil and sand were removed.

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  • Tuesday, December 17th 2024 - 20:29 UTC

    Trump picks golfing friend with Uruguayan past for Montevideo Embassy

    Rinaldi was born in Italy and lived in Uruguay for 15 years

    US President-elect Donald Trump chose his golfing friend Louis Rinaldi as his incoming administration's future Ambassador to Montevideo. The Italy-born Rinaldi grew up in Uruguay since he was 4 before moving to the United States. Trump has announced that a series of ambassadorial positions would be filled businessmen such as Rinaldi rather than career diplomats.

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  • Tuesday, December 17th 2024 - 10:28 UTC

    Number of Argentines migrating to Uruguay on the rise

    Despite Milei's achievements against inflation, recession in Argentina remains critical

    According to data released Monday in Montevideo, the number of Argentines seeking to start anew in Uruguay in the first year under President Javier Milei has more than doubled. After Argentine migration to Uruguay increased by 64% reaching 3,639 applications in less than one year, local authorities are beginning to ponder its possible impact on the country's demographics and social structure.

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  • Thursday, December 12th 2024 - 10:41 UTC

    Football: 2030 World Cup opening game to be played in Montevideo

    “Football is what unites the world,” Infantino stressed

    World football's governing body FIFA confirmed Wednesday that the opening game of the 2030 World Cup will be played at Montevideo's Centenario Stadium, which also hosted the 1930 edition that launched the series of one of the most successful events in contemporary history.

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