Uruguay

• Thursday, October 23rd 2014 - 06:06 UTC

  Mujica says people who like money too much must be kicked out of politics

  

  Uruguayan president Jose Mujica said that the people “who like money too much must be kicked out of politics” because they are a 'real danger' and can get confused with what is the prospect of “a good government”, and make citizens non believers in the system.

• Wednesday, October 22nd 2014 - 10:02 UTC

  Uruguay faces the most competitive election since the return of democracy

  

  Uruguay is less than four days away from Sunday 26 October general election with opinion polls unable to forecast a clear winner, and a strong possibility that the left wing coalition could lose its legislative majority enjoyed in the last ten years and even the Executive.

• Monday, October 20th 2014 - 08:31 UTC

  First time voters in Uruguay more attracted to opposition candidate Lacalle Pou

  

  Uruguay's general elections next Sunday are not only a neck-to-neck dispute between the two main presidential candidates, (unpredictable only six months ago), but are also revealing that the ruling coalition has lost its dominant allure over new voters, according to pollsters.

• Saturday, October 18th 2014 - 07:39 UTC

  Uruguay's presidential election too close and 'unpredictable', argue pollsters

  

  The strong economy and the good image of the incumbent presidential candidate Tabare Vazquez are not sufficient for Uruguay's ruling coalition Broad Front to ensure a third consecutive mandate next Sunday 26 October, according to the country's main pollsters, who underlined that the election result at this stage is too close and 'unpredictable'.

• Friday, October 17th 2014 - 07:01 UTC

  IDB loan for a 48.6 MW wind farm to be developed by Uruguay's private sector

  

  The Inter-American Development Bank (IDB) has approved a loan of up to 42.2 million dollars to help the private sector in Uruguay finance the development, construction, operation and maintenance of a 48.6 MW wind farm and its associated facilities.

• Wednesday, October 15th 2014 - 07:54 UTC

  Mujica running for a Senate seat, since he anticipates a weak government

  

  Uruguay president Jose Mujica believes that the next parliament to emerge from the 26 October general election will have a difficult conformation, complicating the government's performance and that is the reason why he accepted to run for a Senate seat.

• 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%.