Uruguay

• Saturday, August 10th 2013 - 02:33 UTC

  Vazquez is the Uruguayan political leader with the highest acceptance, 62%

  

  Former Uruguayan president Tabare Vazquez who this week announced he was prepared to be the ruling coalition’s candidate for next year’s presidential bid, is by far the political leader of the country which has the highest degree of acceptance, according to a Mori public opinion poll released earlier in the week.

• Thursday, August 8th 2013 - 13:52 UTC

  Uruguay concludes successfully the issue of a new 2024 global bond

  

  Uruguay sold 2 billion in a new 2024 global bond at a yield of 4.521% as a part of a debt liability operation that includes a debt swap, the government said on Wednesday.

• Thursday, August 8th 2013 - 03:33 UTC

  Wonders of marihuana: sigh of relief as Vazquez confirms his presidential candidacy

  

  Uruguayan former president Tabare Vazquez confirmed on Wednesday he will run for the presidency next year, following a meeting with representatives from the groups which constitute the voting majority of the ruling Broad Front catch-all coalition.

• Wednesday, August 7th 2013 - 14:17 UTC

  Mujica says Mercosur members must have more negotiating space with third parties

  

  Uruguayan president Jose Mujica said that Mercosur should give its members more space to negotiate with third parties and supported linking to the Alliance of the Pacific, which nevertheless he argued is “part of a geopolitical involving China” and not accepted by Brazil.

• Wednesday, August 7th 2013 - 02:39 UTC

  Uruguay floats 2bn dollars in bonds to help spread debt payment

  

  Uruguay priced 2 billion dollars in 10-year benchmark sovereign bond on Tuesday at a spread of 187.5 basis points over US Treasuries as part of the government's bid to improve its debt profile, according to reports from Thomson Reuter’s unit IFR. The bond priced at 99.833 with a 4.5% coupon and 4.521% yield, according to IFR.

• Tuesday, August 6th 2013 - 03:05 UTC

  Inflation in Uruguay remains ever so far from the Central bank annual target

  

  Consumer prices in Uruguay during July increased 0.77% while twelve-month inflation reached 8.75%, which is the highest since last February, and well ahead of the 8.21% to June, according to the latest release from the country’s National Stats Institute, INE.

• Monday, August 5th 2013 - 19:51 UTC

  Brazilian farmers blast Mercosur for its ‘bad leadership and worse presidents’

  

  Mercosur has become characterized for “bad leadership and worse presidents” of the countries that make up the block, since there is no incentive for the regional organization and it has become “an ideological battle political field”, said Cesario Ramalho da Silva, president of the Brazilian Rural Society.

• Monday, August 5th 2013 - 02:15 UTC

  Uruguay’s ruling coalition wants Vazquez to confirm his 2014 presidential candidacy

  

  Uruguayan Former president Tabare Vazquez is expected to announce in coming days that he will effectively be the ruling Broad Front candidate for next year’s presidential election when President Jose Mujica’s five year term comes to an end.

• Monday, August 5th 2013 - 01:38 UTC

  Yerba mate price soars but consumers remain faithful to the traditional infusion

  

  Yerba mate, the classical infusion drink in much of southern South America and particularly in Uruguay is making headlines because of a 34% price increase in the last six months and with prospects of further hikes, according to local providers.

• Sunday, August 4th 2013 - 21:35 UTC

  Spanish trawler crew member medic-evacuated by Uruguayan frigate

  

  A Uruguayan frigate was involved in a high seas medic evacuation following a distress call from Spanish trawler ‘Playa de Sartaxens’ because one of its young crew members suffered a sudden faint which lasted several minutes.