Uruguay

• Tuesday, April 11th 2017 - 16:52 UTC

  Falklands' teenager will spend a month in Uruguay on an scholarship program

  

  Falkland Islander Darby Newman (15) will have the opportunity to spend over a month in Uruguay on a student exchange program. Darby applied for, and was awarded, the scholarship offered to a Falklands student by the American Field Service (AFS).

• Friday, April 7th 2017 - 11:52 UTC

  Manchester City parent company purchases Uruguayan football club

  

  Manchester City's owners have confirmed their purchase of Uruguayan club Atletico Torque as the Abu Dhabi-based investors add to their growing portfolio. City's parent company, City Football Group (CFG), announced second tier Atletico Torque will become part of their global network of clubs.

• Thursday, April 6th 2017 - 12:53 UTC

  Uruguay's March inflation finally drops to the Central bank target range

  

  Consumer prices in Uruguay rose 0.68% in March, the government said in a statement on Wednesday, bringing the country's 12-month inflation rate to 6.81%. It was the first time since December 2010 that Uruguayan inflation was within the country's 3% to 7% target range.

• Thursday, April 6th 2017 - 06:08 UTC

  Maduro blows up last bridge with Mercosur and causes deep rift in Uruguayan ruling coalition

  

  Venezuelan president Nicolas Maduro seems to have blown up the last bridge to Mercosur when he launched a barrage of accusations against Uruguay's foreign minister which triggered an immediate reaction from president Tabare Vazquez, who demanded evidence of the charges or a public retraction from the embattled Maduro. But the conflict has also openly exposed the deep rift inside the Uruguayan ruling coalition regarding the Bolivarian revolution “anti imperialist” regime.

• Wednesday, April 5th 2017 - 05:30 UTC

  UK candidate for WHO Director General, David Nabarro, visits Uruguay

  

  Dr David Nabarro, one of the three candidates for Director General of the World Health Organization (WHO), visited Uruguay 23-24 March. During his stay he met with Health Minister Jorge Basso and Vice Minister Cristina Lustemberg, and with Foreign Minister Rodolfo Nin Novoa, to explain his objectives and his vision for a better WHO, and to hear about Uruguay’s health situation, objectives and challenges.

• Tuesday, March 28th 2017 - 07:54 UTC

  Chile, Argentina and Uruguay planning greater coordination of cruise circuits

  

  Punta Arenas Austral Ports Company, EPA, was part of the Chilean stand at the Seatrade Cruise Global fair which took place in mid March in Fort Lauderdale, Florida and attracts the best of the cruise industry, operators and port terminals from all the world.

• Tuesday, February 14th 2017 - 11:21 UTC

  Uruguay's wool and lamb exports dropped 17% in twelve months

  

  Uruguay wool and lamb exports dropped 17% in dollars in the last twelve months compared to the year before. Of the US$ 265 million shipped overseas, China was the main client with 42% of that total, according to the latest Custom stats.

• Tuesday, February 14th 2017 - 09:37 UTC

  Uruguay's hope of pulp mill announcement still far away, despite presidential visit to Finland

  

  Talks between Uruguay's government and Finnish pulp and paper maker UPM on a new pulp plant project in the Latin American country are proceeding, Uruguay's president Tabare Vazquez said on Monday.

• Monday, February 13th 2017 - 09:20 UTC

  Mercosur/EU technical discussions in Brussels ahead of Buenos Aires meeting

  

  Mercosur representatives will be meeting their European Union counterparts this week, beginning Monday, in Brussels in anticipation of another round of trade and cooperation discussions scheduled for March in Buenos Aires. Mercosur members, under the coordination of Argentina, which currently holds the group's chair are attending with a common position reached after several days of videoconferences.

• Thursday, February 9th 2017 - 20:41 UTC

  Uruguay's budget deficit 4% of GDP in 2016, worst performance since 1989

  

  Uruguay's budget deficit reached 4% of GDP during 2016, equivalent to US$ 2.043bn, the worst performance since 1989, according to the latest figures released by the government's stats office, INE. The previous year, 2015 ended with a budget deficit of 3.6% of GDP, which also set a record only comparable to 2002 (3.7%), when Uruguay underwent one of its most challenging financial meltdowns in decades.