Uruguay

• Wednesday, October 8th 2014 - 08:24 UTC

  Uruguay presidential race to be decided in runoff in November seems confirmed by latest poll

  

  A run off in November to elect Uruguay's president seems most certain because none of the two leading candidates will manage a majority in the first round on 26 October, according to the latest public opinion poll.

• Wednesday, October 8th 2014 - 08:16 UTC

  Whoever wins Uruguayan election, no major changes in policy, says US bank

  

  Under the heading of “Emerging markets prospects and strategy” the US bank group JPMorgan-Chase states that no matter who wins in Uruguay's 26 October presidential election, “we do not expect significant changes in the framework of current policy”.

• Wednesday, October 8th 2014 - 07:54 UTC

  IMF keeps Uruguay's growth estimate for this year, but lowers 2015

  

  The International Monetary Fund kept Uruguay's growth estimate for this year at 2.8% but lowered the forecast for 2015 to 2.8% from 3%, according to the latest World Economic Outlook. Last year the Uruguayan economy expanded 4% and the government's target for this year is 3%.

• Monday, October 6th 2014 - 06:44 UTC

  Uruguay forced to lower public utility rates to keep inflation below 10%

  

  Uruguay's inflation indicator dropped to 8.36% in September from 8.75% in August, according to the latest report from the country's stats office INE. During September consumer prices increased a full 1%, and 8,04% in the first nine months of the year. However despite the high percentage it is below the same period a year ago: 8.41%.

• Thursday, October 2nd 2014 - 07:47 UTC

  Uruguay's presidential election at the end of October 'too tight to call'

  

  With less than four weeks to 26 October presidential election in Uruguay, the leading candidates are in a neck to neck race, which will demand a run off at the end of November with the result is too close to call, although two of the latest opinion polls believe that the ruling coalition could still scratch through.

• Thursday, October 2nd 2014 - 07:06 UTC

  Uruguay's fiscal deficit 'relatively' stable at 3.3% of GDP

  

  Uruguay's fiscal deficit in the twelve months to August was equivalent to 3.3% of GDP, or 1.725bn dollars according to the latest release from the Economy and Finance ministry. However the primary deficit (before debt payments) was 202 million dollars or 0.39% of GDP.

• Tuesday, September 30th 2014 - 22:12 UTC

  OAS observers mission readies monitoring of Peru's Sunday regional elections

  

  Uruguay's lawmaker and chief of the Organization of American States Electoral Observation Mission (OAS/EOM) Sergio Abreu arrived on Tuesday in Lima to lead a group of 35 people who will observe the October 5 Peru's regional and municipal elections in 16 departments of the country and the Province of Callao.

• Monday, September 29th 2014 - 08:54 UTC

  Uruguay needs to improve infrastructure, “especially roads and port facilities”

  

  Finland's UPM, one of the largest forestry groups in the world, does not intend for the moment to build any new pulp mills in Uruguay, said Jaakko Sarantola, vice president of the cellulose division of the company, who also pointed out that Uruguay needs to improve infrastructure to facilitate logistics.

• Thursday, September 25th 2014 - 03:12 UTC

  Uruguay presidential campaign: government distributes 10 US dollars for each valid ballot

  

  The Uruguayan government released this week the equivalent of 22.9 million dollars for the financing of political parties campaigning for 26 October when presidential and legislative elections are scheduled. In Uruguay political parties receive government support for electoral activities and private donations are closely scrutinized.

• Wednesday, September 24th 2014 - 16:35 UTC

  FIFA proposes three minute stoppage if a player suffers a suspected concussion

  

  FIFA says its executive committee will this week discuss a proposal to introduce a three-minute stoppage if a player suffers a suspected concussion. Michel D'Hooghe, head of FIFA’s medical committee, recommended the new rules for the treatment of head injuries following a series of incidents in recent months that have sparked criticism of FIFA.