Uruguay

• Saturday, May 29th 2010 - 01:47 UTC

  Brazil calls on South America to have its own military dissuasive capacity

  

  South America must recover its military dissuasive capacity so it can say ‘no’ when necessary said Brazilian Defence minister Nelson Jobim following a meeting this week in Montevideo with his Uruguayan counterpart Luis Rosadilla.

• Wednesday, May 26th 2010 - 06:30 UTC

  Government plans taxing overseas assets of residents in Uruguay

  

  Uruguay is planning to tax deposits and other assets held overseas by residents in the country. The bill which has been drafted and promises to be controversial is expected to be sent for legislative consideration in coming days announced Economy minister Fernando Lorenzo.

• Tuesday, May 25th 2010 - 10:26 UTC

  Argentina’s Soy King praises Uruguay and its farming revolution

  

  Gustavo Grobocopatel also known as the Soy King of Argentina praised Uruguay’s conditions for corporate growth and said the country in the last seven years has undergone “revolutionary changes”.

• Saturday, May 22nd 2010 - 07:14 UTC

  “I’d rather fix the blocks on trade than the bridge pickets”, says Mujica

  

  Uruguayan President José “Pepe” Mujica was ironic Thursday when asked about the current roadblock on the Gualeguaychú-Fray Bentos border-crossing bridge with neighbouring Argentina (in place for over four years now) and asked whether he should “spit Argentina in the eye,” while explaining he is more focused on trade blocks than road blocks.

• Friday, May 21st 2010 - 02:28 UTC

  Growing concern in Uruguay with Brazilian delay in FMD vaccination timetable

  

  Uruguay is concerned that in neighbouring Rio Grande do Sul, one of Brazil’s breadbaskets and famous for livestock breeding, the vaccination campaign against foot and mouth disease remains disturbingly delayed.

• Friday, May 21st 2010 - 02:25 UTC

  Spanish bank takes leading position in Uruguay’s private financial sector

  

  One of Spain’s largest bank BBVA is waiting for the final approval from Uruguay’s central bank to disburse 100 million US dollars for the acquisition of France’s Credit (Agricole) Uruguay said Vicente Rodero BBVA director for Latinamerica.

• Friday, May 21st 2010 - 01:31 UTC

  Uruguay’s rice harvest reached 1.15 million tons; good prospects for next crop

  

  Uruguay’s 2010 harvest of clean, dry rice reached 1.15 million tons with an average yield per hectare of 7.094 kilos. Total area planted was 161.900 hectares according to Uruguay’s Ministry of Agriculture Statistics Office.

• Thursday, May 20th 2010 - 06:55 UTC

  Mujica and Cristina meet next June 2nd; Uruguay to complain trade restrictions

  

  Uruguayan president Jose Mujica will meet with Argentina’s Cristina Fernández de Kirchner next June 2nd at the Uruguayan presidential farm in Anchorena, a 15 minutes helicopter ride from Buenos Aires, announced Wednesday Uruguayan Foreign Minister Luis Almagro.

• Thursday, May 20th 2010 - 03:50 UTC

  April consumer inflation in the US drops for the first time in more than a year

  

  Consumer inflation in the United States unexpectedly dropped in April for the first time in more than a year. The 0.1 percent fall in the consumer price index was the first decrease since March 2009, figures from the Labor Department showed Wednesday.

• Tuesday, May 18th 2010 - 04:57 UTC

  “We must help the US manage its retreat as the only global boss”, says Mujica

  

  “We must help the United States because they are on retreat, and they must manage that retreat”, said Uruguayan president Jose Mujica in an interview with a new Argentine newspaper “Tiempo Argentino” launched last Sunday. This is the first interview of the Uruguayan president to an Argentine daily.