The dispute for Uruguay’s ruling coalition presidential nomination has spiralled to unexpected levels while a group of senior members try and work out a viable understanding between the leading hopefuls for the day after, when a unified Broad Front is essential to repeat victory in next October’s general election.
Uruguay and the Brazilian state of Matto Grosso are disputing the massive investment of almost two billion US dollars in a pulp and paper plant which one of Portugal’s largest corporations is planning to build in South America, reported this week the Lisbon business daily Economico.
Even when the Uruguayan ruling coalition is ahead in vote intention for next October’s general election, according to the latest tendency from public opinion polls the deterioration of the Uruguayan economy in coming months plays in favour of the opposition, said the latest report from The Economist Intelligence Unit.
Contrary to government forecasts the Uruguayan economy plunged 2.9% in the first quarter of this year putting an end to 18 uninterrupted quarters of sustained growth. Although government officials downplayed the impact of the retraction, private analysts said this signals the beginning of a recession period in line with what is happening globally.
With less than two weeks for the presidential primaries in Uruguay, Senator Jose Mujica, a former guerrilla captain, is leading comfortably and should on June 28th emerge as the candidate of the left wing ruling catch-all coalition, Broad Front. In the opposition the most probable presidential candidate will be former president Luis Alberto Lacalle.
Former Uruguayan president and the leading presidential hopeful of the main opposition party Luis Alberto Lacalle said that the Mercosur Parliament, Parlasur, lacks all meaning and purpose and proposed its dissolution, in an interview published Sunday in the Montevideo press.
Hamburg Sud “Rio de la Plata”, the first of a newbuilding series of six identical vessels with a slot capacity of 5.900 containers (and 1.365 reefer container plugs) called last month in Montevideo.
The Uruguayan ruling coalition could repeat in next October general election according to the latest public opinion poll released this week in Montevideo. Pollster Radar has the Broad Front of President Tabare Vazquez with a vote intention of 46.7% and the sum of the opposition parties with 40.1%.
The diplomatic spat to which Uruguay is being exposed by Argentina over the Botnia pulp mill conflict is not exclusive or an isolated case, it was revealed during a recent meeting of Uruguayan ambassadors that returned to Montevideo to address trade issues.
Consumer prices in Uruguay during May increased 0.41%, and 6.63% in the last twelve months according to the latest release from the government’s Statistics Office.