Uruguay

• Saturday, July 5th 2014 - 09:13 UTC

  Uruguay's inflation index for June slightly down: 9.08% in twelve months

  

  Uruguay's inflation index experienced a slight deceleration during the twelve months to June, from 9.18% in May to 9.08%, basically because of cheaper fresh food, frozen public utility rates including fuel, while a stabilized exchange rate for the US dollar with a strong Peso, helped with imported goods.

• Saturday, July 5th 2014 - 08:48 UTC

  The Economist on Argentina: “The Luis Suarez of international finance”

  

  In its latest edition The Economist writes about Argentina’s debt stand-off, and states this “reflects a teenage attitude that rules are there to be broken”.

• Wednesday, July 2nd 2014 - 08:00 UTC

  Uruguay presents Foreign minister Almagro as OAS Secretary General candidate

  

  Uruguay has presented the candidacy of its current Foreign minister Luis Almagro to succeed Jose Miguel Insulza as head of the Organization of American States, OAS Secretary General, it was reported on Tuesday from Montevideo.

• Tuesday, July 1st 2014 - 10:16 UTC

  Mercosur waking up to the significance and impact of the Pacific Alliance

  

  Mercosur leaders called for dialogue with the Pacific Alliance over its perception that Mercosur is becoming an obstacle to integration and wider growth in the region. Uruguayan Vice-President Danilo Astori seemingly sparked the debate a few weeks ago when he said that “Mercosur mustn’t be a terminal station,” calling for formal trade deals with the Pacific Alliance.

• Tuesday, July 1st 2014 - 07:50 UTC

  Uruguay received 237 cruise calls in 2013/14 with 409.367 visitors

  

  During the 2013/14 season, 237 cruise vessels called in Uruguay's two main ports, Montevideo and Punta del Este, with 409.367 visitors, a 6,3% increase in calls over the previous season, according to a report released by the country's presidential web-site.

• Monday, June 30th 2014 - 06:44 UTC

  Uruguay ratifies Bolivia's Mercosur incorporation; consolidates Atlantic/Pacific corridor

  

  Uruguay promulgated the bill which incorporates Bolivia as the latest member of Mercosur, the South American group made up of Argentina, Brazil, Paraguay, Uruguay and Venezuela. The incorporation of Bolivia should help with the consolidation of a Mercosur Atlantic-Pacific corridor across South America.

• Monday, June 30th 2014 - 06:23 UTC

  “FIFA leaders are a bunch of old sons of bitches”, said Uruguay president Mujica

  

  FIFA leaders are “a bunch of old sons of bitches” and could have imposed sanctions “but certainly not fascist sanctions” complained Uruguay's president Jose Mujica referring to the suspension suffered by Uruguay's scorer Luis Alberto Suárez who was banned for nine matches and with four months of complete football inactivity.

• Saturday, June 28th 2014 - 10:23 UTC

  Uruguay's coach resigns FIFA post to protest 'excessive' ban of Suarez

  

  Uruguay coach Oscar Tabarez has resigned his post in the FIFA strategic commission over the federation’s decision to ban Luis Suarez from the World Cup after the forward bit Italy’s defender Giorgio Chiellini during a group stage match.

• Friday, June 27th 2014 - 06:56 UTC

  Mujica strongly supports Suárez and blasts FIFA: “they went too far”

  

  Uruguay's president Jose Mujica blasted FIFA's Thursday decision to fine and suspend the country's main scorer Luis Suarez from any football activity for four months arguing the association that rules world football measures things with different rods, and since Uruguay “is a small country, it's cheap for them”.

• Wednesday, June 25th 2014 - 06:22 UTC

  Uruguay's second pulp mill begins production: 1.3million tons annually

  

  Uruguay's second pulp mill Montes del Plata started production this week following an investment of 2 billion dollars, the largest ever in the recent history of the country. The announcement was made by the Chilean-Swedish complex that is running the plant.