Uruguay

• Monday, September 9th 2013 - 02:36 UTC

  Argentina, Uruguay and Venezuela fall dramatically in WEF Competitiveness ranking

  

  The World Economic Forum Competitiveness report published last week shows Latinamerica is loosing ground in the world economy and the three countries which most plunged in the ranking in the last twelve months were: Venezuela, Argentina and Uruguay.

• Friday, September 6th 2013 - 02:00 UTC

  Mujica confirms: no intention of irritating Argentina on pulp mills’ controversy

  

  Uruguay’ President Jose Mujica said the decision authorizing a possible expansion, or not, of the UPM/Botnia pulp mill is closely linked to Argentina and the construction of a third plant along an inside Uruguayan river and not a shared one as is the case now.

• Thursday, September 5th 2013 - 03:53 UTC

  Argentine politicians warn Uruguay on possible expansion of pulp mill production capacity

  

  The bilateral conflict between Argentina and Uruguay over the UPM/Botnia pulp mill, on the Uruguayan side of the Uruguay River is once again leading to tension between the two neighbours amid reports that the plant’s Finnish owners plan to increase production from 1.1 to 1.3 million tons of cellulose paste per year.

• Thursday, September 5th 2013 - 03:35 UTC

  Falklands’ lawmaker has full round of political and business contacts in Uruguay

  

  “We have come for people-to-people contacts, to talk about business opportunities and for the resumption of the close and historic links between the Falkland Islands and Uruguay”, repeated Falklands’ lawmaker Dick Sawle during one of his many presentations in Montevideo.

• Wednesday, September 4th 2013 - 00:36 UTC

  Food, education and healthcare rising prices keep Uruguay’s inflation out of target

  

  Uruguay’s inflation in August kept climbing and reached 1.04%, totalling 6.74% in the first eight months of the year and 8.86% in the last twelve months, which is well above the Central bank target of 4% to 6%, according to the latest report from the local Statistics Office, INE.

• Monday, September 2nd 2013 - 20:02 UTC

  Uruguay no longer a magnet for Argentine funds looking for real estate investments

  

  Uruguay has ceased to be the magnet for Argentine funds looking for safe places to save and real estate investments since the Argentine revenue service AFIP, following on the neighbouring countries tax-data exchange agreement, could have access to that information, according to Uruguayan private financial and investment advisors.

• Monday, September 2nd 2013 - 12:54 UTC

  Application period for UK Chevening scholarships opens in Montevideo

  

  The British Embassy Montevideo and Uruguay’s National Research and Innovation Agency signed an agreement to triple the number of scholarships.

• Saturday, August 31st 2013 - 18:54 UTC

  Major change in US drugs policy: allows recreational cannabis on a ‘trust but verify’ approach

  

  President Barack Obama's administration ceded ground last week in the US war on drugs, saying it will not dispute the legalization of recreational marijuana in Colorado and Washington states. The decision was swiftly hailed by campaigners for the legalization of a substance that, under federal law, remains a Schedule One controlled substance on a par with heroin.

• Saturday, August 31st 2013 - 15:30 UTC

  Falklands’ lawmaker arrives in Uruguay to inform on business opportunities in the Islands

  

  Falkland Islands member of the Legislative Assembly Dick Sawle will be in Montevideo 2-6 September, after spending a week in Brazil involved in business, academia and informal political contacts sponsored by the Foreign Office. In Uruguay according to the official release MLA Sawle will inform about business opportunities with the Falklands and to strengthen the historical ties with Uruguay.

• Saturday, August 31st 2013 - 15:27 UTC

  Uruguay fearing the wrath of Cristina Fernandez denies authorization to expand pulp mill capacity

  

  The Uruguayan government fearful of Argentine President Cristina Fernandez’s reaction will not authorize the local UPM pulp mill to expand its production capacity from 1 million to 1.3 million tons annually, in the short term, according to company and government sources.