Uruguay

• Saturday, December 21st 2013 - 01:59 UTC

  Uruguay's ruling coalition ends 2013 with a majority lead in public opinion

  

  Uruguay's ruling coalition, Broad Front, is closing 2013 with a strong 44% electoral support, which is higher than all the opposition put together, according to the latest Mori public opinion poll on vote intention and support for the presidential hopefuls

• Friday, December 20th 2013 - 06:48 UTC

  Stiglitz says China demand for better diet will keep Mercosur countries busy

  

  The commodities-exporting economies of Latin America will continue expanding in the years ahead, driven by demand from China despite slower growth in its economy, Nobel Prize-winning economist Joseph Stiglitz said during a conference round in Uruguay.

• Tuesday, December 17th 2013 - 19:10 UTC

  Uruguay must address fiscal policy (and inflation) suggests leading private bank

  

  The US dollar is poised to continue consolidating during 2014 in Uruguay, and will most probably by the end of the year reach 24 Pesos from the current 21 Pesos, according to Itaú, one of the leading private banks in the country, which also warned about inflation and the fiscal deficit.

• Tuesday, December 17th 2013 - 02:28 UTC

  Uruguayan economy on track to 4.1% growth this year and in 2014

  

  The Uruguayan economy contracted 0.7% in the third quarter compared to the previous quarter, although it jumped 3.3% over the same period a year ago, according to the latest release from the Central bank in Montevideo. During the second quarter, the expansion had reached 2.4%, and 1.5% previous to that.

• Monday, December 16th 2013 - 16:37 UTC

  Uruguayan former Defense minister honored by Argentina for his Malvinas claims support

  

  Uruguayan Senator from the ruling coalition Luis Rosadilla will be honored by the Argentine embassy in Montevideo for having volunteered in 1982 to join the Argentine war effort during the invasion of the Falkland Islands.

• Saturday, December 14th 2013 - 06:58 UTC

  Pot fumes: Mujica calls UN official, 'liar', after he accused Uruguay of 'pirate attitudes'

  

  President Jose Mujica reacted furiously to the accusation of Uruguay as a 'pirate state' from the UN official in charge of drugs' control, who was protesting the legalization of marihuana and because allegedly he was never received by the Uruguayan leader. Mujica bluntly replied, leaving aside all nice talk, “tell that old man to stop lying and stop showing off to the stands”.

• Saturday, December 14th 2013 - 06:40 UTC

  A Nobel peace prize for Uruguay for legalizing cannabis

  

  Uruguay's recent passing of a bill legalizing cannabis from production to distribution has generated headlines and controversy worldwide. The basics of the law is that current methods to combat drugs addiction and trade have failed completely and new options should be experimented.
  The Guardian columnist Simon Jenkins writes on the controversy.

• Wednesday, December 11th 2013 - 22:53 UTC

  First obstacle for Uruguay's marijuana bill: it violates international convention on drug control

  

  Uruguay's decision to legalize marijuana is in violation of an international convention on drug control, the Vienna-based International Narcotics Control Board, INCB, which monitors government compliance with such treaties said on Wednesday.

• Wednesday, December 11th 2013 - 04:31 UTC

  Uruguay becomes first country to oversee production and sale of marijuana

  

  Uruguay's Senate has approved ground-breaking legislation legalizing marijuana, becoming the first nation in the world to oversee the production and sale of the drug. After a marathon debate, the 16 senators from the ruling coalition out of 29 lawmakers voted Tuesday in favor of the legislation championed by President Jose Mujica, who must now sign it into law.

• Friday, December 6th 2013 - 06:38 UTC

  Maracana, July1950, when Uruguay silenced 200.000 Brazilian fans at the Cup's final

  

  Pele, the only person to win three World Cups as a player, said Brazil will enter next year’s tournament with more humility than when the country last hosted soccer’s greatest event in 1950. On 16 July that year Brazil was shocked 2-1 by Uruguay in the final game at Rio de Janeiro’s Maracana stadium in what is considered as a national tragedy by some Brazilians.