Uruguay

• Friday, May 15th 2015 - 07:53 UTC

  Uruguay convinced Mercosur will be more flexible regarding trade accords with third parties

  

  Mercosur countries have reached a basic consensus to look for mechanisms that will allow individual members to negotiate trade agreements outside the block, announced Uruguay's foreign minister Rodolfo Nin Novoa, who has been leading a strong campaign (with Brazilian support) on the issue.

• Wednesday, May 13th 2015 - 08:37 UTC

  IDB 216m dollars loan for Uruguay to support construction of wind farms

  

  The Inter-American Development Bank (IDB) continues to support the expansion of renewable energy in Uruguay through two financial packages, totaling 216 million dollars, which were approved for the private sector to finance part of the construction of the Colonia Airas and Valentines wind farms and their related works.

• Monday, May 11th 2015 - 10:16 UTC

  Vazquez and Rousseff meeting will address Mercosur/EU trade negotiations

  

  Uruguay and Brazil presidents, scheduled to hold a bilateral meeting next 21 May in Brasilia will be addressing Mercosur issues, and advancing in the proposal that will allow the group's members to sign bilateral agreements with third parties not belonging to the region, thus avoiding the 'consensus' clause clamp.

• Monday, May 11th 2015 - 08:47 UTC

  Uruguay's local elections: no major number surprises but interesting changes in the political map

  

  Uruguay Sunday's department and municipal elections resulted mostly as forecasted with no major surprises, and as advanced by MP 9 May, in the capital Montevideo, with half the country's electorate, the two promising candidates have effectively been the elected mayor, Daniel Martinez and Edgardo Novick, a successful businessman and non political figure, who now becomes head of the opposition.

• Saturday, May 9th 2015 - 10:21 UTC

  On Sunday 2.6 million Uruguayans vote for their local authorities

  

  On Sunday May 10, Uruguay is holding county and municipal elections with 2.6 million eligible voters (out of a population of 3.3m) in an event which will be more centered on local issues and thus will not necessarily replicate the absolute majority vote of the ruling coalition in last October/November presidential and legislative election.

• Saturday, May 9th 2015 - 09:34 UTC

  Mujica's book rekindles Brazilian scandal involving Lula da Silva

  

  Uruguay's president Jose Mujica has now denied alleged statements collected in a book about his life written by two journalists, that he personally presented last Sunday in Buenos Aires and in which there is a mention to former president Lula da Silva and the 'mensalao', one of Brazil's largest corruption scandals involving monthly payments to have bills passed by Congress.

• Thursday, May 7th 2015 - 06:01 UTC

  Uruguay's economy 'strong enough' to navigate in challenging environments

  

  Uruguay's economy is “strong enough to navigate in a challenging global and regional environment” in which the U.S. dollar is strong and inflation is starting to rise, Uruguayan Central Bank, (BCU), chairman Mario Bergara said during a conference in Montevideo where he discussed the central bank's mission in the current world environment.

• Thursday, May 7th 2015 - 05:22 UTC

  US for third year running main wheat supplier for Brazil displacing Argentina

  

  For a third year in a row the United States will be the top wheat supplier for Brazil, displacing Argentina from its historic position, according to the latest release from Brazilian consultancy Trigo & Farinhas. This piece of information is significant given the world prices for grains and wheat planting prospects in South America.

• Wednesday, May 6th 2015 - 07:04 UTC

  Uruguay calls for an end to Mercosur 'hollow rhetoric' which undermines jobs

  

  Uruguay's foreign minister Rodolfo Nin Novoa called on Mercosur to overcome “hollow rhetoric” and advance towards the elimination of barriers which restrict access to other markets and intra-region trade.

• Tuesday, May 5th 2015 - 09:35 UTC

  Mujica admits his 'most intimate respect' for Cristina Fernandez, but...

  

  Uruguayan former president Jose Mujica expressed in Buenos Aires his “most intimate respect” for Argentine president Cristina Fernandez and revealed that on occasions he came across her when “she was annoyed as a bad, cornered spider”.