Uruguay

Monday, July 22nd 2013 - 06:32 UTC
OAS chief Inzulza in Uruguay to present report on drug problem in the Americas

The Organization of American States Secretary General José Miguel Insulza begins Monday a two day visit to Uruguay for the formal presentation of the “Report on the Drug Problem in the Americas” which has the support of several Latinamerican countries and former leaders of the region who have proposed a completely new approach to the drugs challenge.
Monday, July 22nd 2013 - 06:24 UTC
Uruguay is “extremely expensive: construction costs are double those of Argentina”

Uruguay is not expensive, ‘it has become extremely expensive” with construction costs that are double those of Argentina, claimed Eduardo Constantini, an Argentine business man with strong investments in Uruguay, the latest of which building 500 summer houses along the eastern coast.
Thursday, July 18th 2013 - 09:08 UTC
President-elect demands rule of the law before Paraguay returns as active Mercosur member

Paraguayan president elect Horacio Cartes confirmed that his government will insist in its position regarding Mercosur, which expects Paraguay to return as full active member following the inauguration ceremony 15 August.
Tuesday, July 16th 2013 - 20:10 UTC
Total plans to spud first exploratory well in Uruguay’s continental shelf in 2015

The French oil and gas company Total confirmed that at the beginning of 2015 it will spud its first exploratory well in deep waters of the Uruguayan continental shelf, according to Juan Gomez, one of directors from the country’s fuel company Ancap.
Tuesday, July 16th 2013 - 17:15 UTC
Uruguay presses for EU/Mercosur talks fearing loss of tariff benefits

Uruguay needs a quick resumption of Mercosur/European Union trade and cooperation talks because at the end of the year expire a number of tariff benefits for Uruguayan exports, revealed Foreign minister Luis Almagro.
Tuesday, July 16th 2013 - 05:45 UTC
Paraguay will hold Mercosur presidency in the first half of 2014, says Uruguay

Paraguay will hold the rotating chair of Mercosur after Venezuela, at the end of this year, which will mark the full active comeback of the country to the regional block, announced Uruguay’s Foreign minister Luis Almagro on Monday in Montevideo.
Monday, July 15th 2013 - 22:42 UTC
Brazilian official regrets Paraguay did not follow the path of Venezuela, Ecuador and Bolivia

Brazilian international affairs advisor Marco Aurelio Garcia admits the incorporation of Venezuela to Mercosur was done without Paraguay’s approval and argues the downfall of Fernando Lugo was because of his political incapacity to follow on the steps of other countries with strong popular support such as Venezuela, Bolivia and Ecuador
Monday, July 15th 2013 - 16:22 UTC
Uruguay files in SEC plans to sell up to 5 billion dollars in securities

Uruguay filed a shelf registration with the US Securities and Exchange committee to sell up to 5 billion in US denominated securities. Economy minister Fernando Lorenzo said the filing will allow the government to issue debt when it is convenient for the country and market conditions are favourable.
Saturday, July 13th 2013 - 13:34 UTC
Mercosur blasts EU countries over Morales incident and condemn US electronic surveillance

Mercosur leaders agreed on Friday to call home for consultation their ambassadors to Spain, France, Italy and Portugal to protest last week's forced diversion of the Bolivian president's aircraft. They also strongly defended their right to offer asylum Friday, venting anger at claims of US spying in the region while intelligence leaker Edward Snowden's fate hangs in the balance.
Saturday, July 13th 2013 - 02:24 UTC
“Mercosur has closed its doors to Paraguay”, reacts Asuncion to the Venezuelan presidency of the group

“Mercosur has closed its doors to Paraguay and it’s not good for Latinamerican integration”, was the first reaction from Asuncion after the group announced the presidency for Venezuela and lifting the suspension of Paraguay next 15 August.