Uruguay raised US$ 2 billion from a dual-currency debt deal on Wednesday, issuing UYU47.1 billion (US$ 1.12 billion) in new inflation-linked, 20-year notes and adding US$ 400 million to its 4.375% 2031 bonds, plus a rescheduling of US$ 500 million in 2027, 2028 and 2030 Indexed Units.
A Korean flagged trawler on Tuesday noon was towed away from Montevideo port docks to the bay after it caught fire fearing explosion threats from fuel and ammonia cylinders tanks.
The Uruguayan chancellor would be the first cabinet minister chaired by Luis Lacalle Pou to leave office. Although he will not do so immediately, since he announced this Thursday that he has not yet submitted any resignation, Talvi met last Tuesday with the president to agree to his departure from the executive power.
A few months ago, Foreign Minister Ernesto Talvi, at his rallies as a candidate for the presidency of Uruguay, did not hesitate to describe the Venezuelan government as a dictatorship. However, in an interview this Saturday he affirmed that he “won't say in this role” that the regime of Venezuelan President Nicolás Maduro is a dictatorship.
The killing of three young Uruguayan marines, with shots in their heads in a non-strategic outpost next to the Montevideo fortress which overlooks the port and city, has shocked public opinion and triggered pledges from government authorities that the culprits will be brought to justice and face trial.
Uruguay's Economy minister Azucena Arbeleche confirmed that the Inter American Development Bank had awarded the country a 1,7bn dollars soft loan to address the sanitary, social and economic emergency as a consequence of the COVID-19 pandemic.
Uruguayan students will be returning to face-to-face classes from June following a three-stage calendar and with voluntary assistance, the country’s president, Luis Lacalle Pou, reported on Thursday.
Uruguay on Thursday turned over to the United States a Mexican man wanted on drug and money laundering charges. Gerardo Gonzalez Valencia is the brother of Abigael González, the former head of the Sinaloa cartel faction known as “Los Cuinis” (The Squirrels). Gonzalez Valencia is also the brother-in-law of Jalisco cartel drug lord Nemesio “El Mencho” Oseguera Cervantes.
Finally a month after passengers were rescued and medically evacuated to Australia from Uruguay, the 89 crew which remained trapped in the coronavirus infested “Greg Mortimer” cruise have started their long return home.
Uruguayan president Luis Alberto Lacalle Pou and his Argentine peer, Alberto Fernandez held a half-hour video conference Tuesday mid-morning to address the recent decision by the current Argentine administration to freeze Mercosur free trade negotiations with potential new partners and instead concentrate efforts in overcoming the COVID-19 pandemic and its sanitary, social, economic and employment consequences.