Uruguay

Friday, December 27th 2013 - 05:32 UTC
Uruguay's new Economy minister pledges continuity of current market friendly policies

Uruguay will continue to consolidate its market friendly policies, pledged incoming Economy minister Mario Bergara, 48. on taking office on Thursday surrounded by President Jose Mujica and Vice president Danilo Astori. He replaced Fernando Lorenzo who was forced to resign following a major scandal involving the failure and shut down of the country's flag air carrier Pluna.
Thursday, December 26th 2013 - 07:51 UTC
The Economist’s country of the year: Uruguay

Human life isn’t all bad, but it sometimes feels that way. Good news is no news: the headlines mostly tell of strife and bail-outs, failure and folly.
Saturday, December 21st 2013 - 21:22 UTC
Uruguay Economy minister resigns over scandal involving flag air carrier Pluna

Uruguay's economy minister Fernando Lorenzo resigned on Saturday in the face of questions over the alleged irregular sale of government-owned airplanes following the closure of Pluna, the country's flag carrier, President Jose Mujica announced at a brief press conference, with no questions taken, next to Vice president Danilo Astori.
Saturday, December 21st 2013 - 05:45 UTC
Falklands' piece published in Uruguay, infuriates Argentine ambassador

Argentine ambassador in Montevideo complained to Uruguay's leading newspaper over an article published in a features magazine referred to the Falkland Islands “Wind from the South” which “completely ignores the international community, and Uruguay's, struggle against colonialism”.
Saturday, December 21st 2013 - 05:28 UTC
Uruguay/Argentina expected to resume bilateral dialogue at January Mercosur summit

Uruguayan president Jose Mujica and his peer from Argentina Cristina Fernandez will be meeting next 17 January on the sidelines of the Mercosur summit scheduled to take place in Caracas, Venezuela. This would be the first time the two leaders meet after over seventy days of interrupted bilateral dialogue, and they have a long list of issues to address if they finally decide to discuss them.
Saturday, December 21st 2013 - 05:10 UTC
Uruguay Senator receives “Malvinas war honor” from Argentina for volunteering in 1982

Uruguayan Senator Luis Rosadilla said that he received Argentina's honors for having volunteered when the Malvinas war broke out in 1982, in the name of “all those Uruguayan citizens that have done so much for the anti-imperialism cause”.
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.