Uruguay

• Friday, May 2nd 2014 - 09:27 UTC

  Uruguay's budget fiscal deficit climbs in March to its highest since October 2003

  

  Uruguay's fiscal deficit climbed to 3.2% of GDP during March, the highest since October 2003, --equivalent to 1.69 billion dollars--, but Economy minister Mario Bergara said that there is no risk for “the sustainability of public accounts or sustainability of current macroeconomic policies”.

• Friday, May 2nd 2014 - 09:11 UTC

  Brazil denies financing Uruguay's project of a deep-sea port on the Atlantic

  

  Brazil's economic and social bank, BNDES, denied it was intent in financing Uruguay's deep sea port on the Atlantic coast, as repeated sources in the Uruguayan government have indicated.

• Friday, May 2nd 2014 - 09:03 UTC

  Brazil confirms Mercosur/EU are ready to exchange proposals in a month's time

  

  Brazil confirmed this week that for the end of May or early June, Mercosur will be presenting its joint tariff-reduction proposal to the European Union for the conclusion of an ambitious, but long delayed, cooperation and trade agreement.

• Friday, May 2nd 2014 - 08:28 UTC

  Majority of Uruguayans rate Argentina as 'the less friendly country', says poll

  

  A clear majority of Uruguayans, 61% believe Argentina is the “less friendly” country, according to a March 13/23 public opinion poll, with 1.013 interviews in Montevideo and the main urban locations in the rest of the country.

• Monday, April 28th 2014 - 08:01 UTC

  Montevideo expected to host Mercosur two in one summits next August

  

  Montevideo will be hosting the much delayed Mercosur (December) summit sometime next August as part of the 'normalization ' process, according to sources from the Uruguayan foreign ministry following revelations that negotiations with that purpose have been ongoing for several months now.

• Monday, April 28th 2014 - 07:29 UTC

  Malvinas Islands are Argentine, period, insists Uruguayan government

  

  Uruguay's Deputy Defense minister Jorge Menéndez reaffirmed that the Malvinas Islands are 'Argentine' and insisted that the government's support in defense of Argentine sovereignty over the Islands “is not of an expository character”.

• Friday, April 25th 2014 - 06:11 UTC

  Uruguayans don't approve the marihuana bill, but are prepared to give it a chance, says poll

  

  A majority of Uruguayans (64%) are against the bill that legalizes growing and selling marihuana, but 51% are willing to wait and see if the system works before having it rejected, according to the latest public opinion poll released on Thursday. The bill was passed in parliament last December but only with the support from the ruling coalition.

• Tuesday, April 22nd 2014 - 07:17 UTC

  Mercosur agrees on joint trade proposal to exchange with Europe, announces Mujica

  

  “It took time and effort, but believe it or not” in less than two months time, Argentina, Brazil, Paraguay and Uruguay will be presenting their joint tariff reduction proposal to Europe for discussions on an ambitious Mercosur/EU cooperation and trade agreement that has been on the table since 1999, said President Jose Mujica.

• Tuesday, April 22nd 2014 - 07:06 UTC

  Protested controversial photo show of Nestor Kirchner opens in Montevideo

  

  A great pictures exhibition of former Argentine president Nestor Kirchner to be opened on Tuesday in Montevideo's Town Hall has triggered strong criticisms from the opposition which claims there was no request to the elected councilors for such an event, which is sponsored by the Argentine embassy.

• Monday, April 21st 2014 - 06:51 UTC

  Paul McCartney conquers Montevideo for a second time: “I'm my favorite player!”

  

  With a blend of nostalgia for the Beatles and the pleasure of enjoying his presence in Montevideo, Paul McCartney captivated for a second time the Uruguayan audience with a three hour show in which he confirmed that he is one of the greatest.