Uruguay

• Thursday, March 28th 2013 - 10:15 UTC

  Falklands’ sovereignty belongs to the ‘whole of Latinamerica’ says Uruguay

  

  Foreign minister Luis Almagro said on Wednesday that Malvinas Islands’ sovereignty belongs to the whole of Latinamerica and as part of Latinamerica and the Caribbean, “we will defend the territorial integrity of the continent”.

• Thursday, March 28th 2013 - 10:03 UTC

  Uruguay 2012 GDP expanded 3.9% boosted by construction and domestic demand

  

  Uruguay’s GDP expanded 3.9% last in 2012 over the previous year despite a slight contraction in the fourth quarter, according to a late Wednesday release from the Central bank. The bank’s original estimate was 4%. In 2011 the economy grew a revised 6.5%.

• Wednesday, March 27th 2013 - 07:57 UTC

  Francis scheduled to visit Argentina, Chile and Uruguay next December

  

  Pope Francis is scheduled to make his first official visit to Argentina, where he was born, next December ‘to be close to his fellow compatriots’, according to ecclesiastic sources in Buenos Aires. The visit in the first half of December could extend to neighbouring Uruguay and Chile.

• Tuesday, March 26th 2013 - 03:17 UTC

  Malvinas question to be addressed with Ban Ki Moon at UN by Timerman and Latam peers

  

  On Tuesday Argentina’s Foreign minister Hector Timerman together with representatives from different Latinamerican and Caribbean organizations are scheduled to meet with UN Secretary General Ban Ki-Moon to address the “Malvinas Islands question”, according to a release from the Argentine Ministry of Foreign Affairs.

• Monday, March 25th 2013 - 04:45 UTC

  Falklands ‘a NATO base’ and the referendum ‘unacceptable and ridiculous’, says Uruguay

  

  Two of Uruguay’s President Jose Mujica closest ministers, Defence and Foreign Affairs said that the ‘British occupation’ of the Falkland Islands is ‘unacceptable’, represents a NATO base in the South Atlantic and described the recent referendum in the Islands as ‘absurd and ridiculous’.

• Sunday, March 24th 2013 - 03:11 UTC

  Uruguay leaves benchmark rate unchanged; fears of slower economy and too strong Peso

  

  Uruguay’s central bank surprised the market by keeping on hold the benchmark interest rate at 9.25% after increases at the two previous monetary policy meetings failed to slow inflation, one of the country’s main concerns.

• Saturday, March 23rd 2013 - 10:25 UTC

  ‘Justice or democracy’, Uruguay’s dilemma according to The Economist

  

  The Economist in its latest edition publishes a piece on Uruguay in which it reveals accurately the dilemma facing the country as a consequence of the legacy of the military dictatorship, 1973/1984 with all the killings, disappeared and tortured.

• Friday, March 22nd 2013 - 21:23 UTC

  Uruguay’s economic-trade relations with Argentina at ‘their worst moment in a long time’

  

  The economic-trade relations with Argentina are going through ‘their worst moment in a long time’, and the latest measures announced by the government of President Cristina Fernandez have a ‘very harmful effect’ on Uruguay, said Vice-president Danilo Astori on Friday.

• Friday, March 22nd 2013 - 21:16 UTC

  World Bank outstands Uruguay as a success story in economic and social recovery

  

  Under the heading of: “From crisis to opportunity: supporting an effective economic and social recovery with innovation and flexibility”, the World Bank outstands Uruguay as a success story, from the downfall of 2001/02, mainly consequence of the Argentine melting to the sustained recovery since 2004/05.

• Thursday, March 21st 2013 - 02:28 UTC

  Cruise vessel calls increased 9.3% so far this season in Uruguay

  

  The number of cruise-vessel calls in Uruguayan ports has increased 9.3% so far in this 2012/13 season with an influx of 20 million dollars for the local economy revealed Deputy minister of Tourism Antonio Carambula during a primary evaluation of business vis-à-vis the 2011/12 results.