Uruguay

• Saturday, November 29th 2014 - 07:11 UTC

  IDB loan for Uruguay to promote quality investments and exports

  

  The Inter-American Development Bank (IDB) has approved a 120 million dollars loan to finance the second phase of Uruguay's Strategic International Positioning Program. Its goal is to consolidate the country's international positioning, contributing to an increase in investments—mainly those aimed at high value-added sectors— and exports.

• Friday, November 28th 2014 - 06:34 UTC

  Mujica enjoys 65% support and 47% of Uruguayans feel good about the economy

  

  Uruguayan president Jose Mujica who next Monday begins the last three months of his five-year mandate enjoys a 65% public opinion support according to the latest poll from Mori released this week. Negative opinion only represents 17% while 18% did not say whether they approved or disapproved of the popular leader’s performance.

• Friday, November 28th 2014 - 06:30 UTC

  Uruguay praises Mercosur as the “main buyer” of the country's exports

  

  Uruguay’s Foreign Minister Luis Almagro highlighted that Mercosur is the “main buyer” of Uruguayan exports and strongly defended the country's presence in the regional group, a controversial issue since much of the country's political system and most of the business community want a more dynamic, open trade block.

• Tuesday, November 25th 2014 - 07:21 UTC

  Mujica apologizes to Mexico and gives full support to the fight against drugs

  

  Mexico and Uruguay declared on Monday an end to a brief diplomatic spat over the Uruguayan president's description of Mexico as a “kind of failed state.” Mexico's government protested the remarks by Uruguayan President Jose Mujica over the weekend and said it would summon the country's ambassador for an explanation.

• Monday, November 24th 2014 - 06:45 UTC

  Mexico/Uruguay incident following Mujica's statement about a 'failed state'

  

  Mexico said on Sunday it was summoning Uruguay's ambassador after Uruguayan President Jose Mujica said that the disappearance of 43 students in southwest Mexico suggests the country is a 'failed state'.

• Thursday, November 20th 2014 - 04:39 UTC

  Uruguay expects fifty cruise calls less this season, reveals tourism official

  

  Uruguay will be receiving fifty cruise calls less this 2014/15 season, which is 26% down compared to a year ago, revealed the country's Deputy Tourism and Sports minister, Antonio Carambula during the official launching of the season. This means Montevideo will be hosting 104 calls and Punta del Este, 70, compared to the 237 between both terminals (121 and 116) in 2013/14.

• Saturday, November 15th 2014 - 01:13 UTC

  Parlasur dialogue with Kelpers: a great opportunity lost

  

  By Jaime Trobo (*) - Parlasur, acronym for Mercosur Parliament, decided to approve a declaration relative to the Malvinas Islands situation, and more specifically on the sovereignty conflict between the Argentine Republic and Great Britain, which has been ongoing for over 180 years with no reasonable accord.

• Tuesday, November 11th 2014 - 21:54 UTC

  An estimated 28.5m from Latam and Caribbean population live overseas, 70% in USA

  

  An estimated 28.5 million Latin American and Caribbean people live outside their birth countries, 70% of them in the United States, while a majority of the immigrant population of 7.6 million originated from other countries in the region, according to a new study by the Economic Commission for Latin America and the Caribbean (ECLAC).

• Tuesday, November 11th 2014 - 09:59 UTC

  Uruguay expects poorer cruise season, partly compensated by Costa Cruises

  

  Uruguay expects a slowing down of cruise activity this season, probably in the range of 10% less vessel calls, particularly in Punta del Este, because of “logistics problems with the circuits”. However this will be partly compensated by the two Costa Cruise company vessels that will be operating from Montevideo as the starting point and end of South Atlantic tours.

• Tuesday, November 11th 2014 - 04:00 UTC

  Falklands' British 'colonial occupation' condemned by Parlasur

  

  The Mercosur parliament, Parlasur, in a special Monday session held in Montevideo, rejected British 'control' over the Falklands/Malvinas Islands and described the situation as a colonial conflict of 'global' proportion which threatens the region.