Uruguay

• Wednesday, October 17th 2012 - 20:34 UTC

  Brazil’s slowdown impacts on neighbouring Argentina and Uruguay says Fitch

  

  Brazil's deeper-than-expected economic slowdown is amplifying the deceleration already being experienced by Argentina and Uruguay as a result of the global slowdown, according to a new Fitch Ratings report.

• Tuesday, October 16th 2012 - 07:53 UTC

  Uruguayan government and supermarkets agree to keep 2012 inflation below 10%

  

  Uruguayan supermarkets pledged to help the government of President Jose Mujica to keep inflation below 10% at the end of the year even when in the first nine months of the year it reached 8.64%.

• Monday, October 15th 2012 - 07:58 UTC

  Minister confirms talks for re-incorporation of Paraguay to Unasur and Mercosur

  

  Foreign minister Jose Felix Fernandez Estigarribia confirmed the beginning of negotiations for the re-incorporation of Paraguay to Unasur and Mercosur which will take place through the mediation of a Latinamerican country he did not identify.

• Friday, October 12th 2012 - 06:23 UTC

  Uruguay signs offshore contracts with oil companies: BP, BG, Total and Tullow

  

  The Uruguayan government has signed offshore exploration and production deals with British oil firms BG Group, BP plc, Ireland’s Tullow Oil and France's Total. The companies awarded 30-year concession contracts in April for the eight oil blocks - three each for BG and BP and one each for Tullow and Total - have committed to investing a total of roughly 1.56 billion dollars.

• Monday, October 8th 2012 - 23:36 UTC

  Americas’ defense ministers’ summit rejects addressing Falklands’ issue

  

  Argentina’s intention of having the Falklands/Malvinas sovereignty issue included in the agenda of the Americas Defense ministers’ conference currently taking place in Uruguay was rejected, mainly because of the positions from the US, Canada and several Caribbean states.

• Saturday, October 6th 2012 - 15:06 UTC

  Brazil wants Paraguay back in Mercosur following “democracy compliance” test

  

  Brazilian Foreign minister Antonio Patriota said on Friday that Paraguay could resume membership of Mercosur and Unasur without the need to wait for presidential elections next April 2013 as long as “full compliance with democracy” can be verified.

• Friday, October 5th 2012 - 22:41 UTC

  Pentagon chief flies to Uruguay for Defence Ministers of the Americas conference

  

  United States Defence Secretary Leon Panetta starts on Friday a week-long trip to Peru and Uruguay where he will attend the Conference of Defence Ministers of the Americas, the Pentagon announced on Thursday.

• Friday, October 5th 2012 - 06:14 UTC

  Uruguay could attempt sponsoring new flag air carrier, but again financing is not clear

  

  The Uruguayan government announced the creation of an inter-ministerial task force to consider a proposal to “resume air connectivity” of the country following on a proposal from Argentine businessman Juan Carlos Lopez Mena who owns sea, river and air link companies between Argentina and Uruguay.

• Thursday, October 4th 2012 - 07:38 UTC

  Uruguay in September definitively loses control of 2012 inflation target

  

  Uruguay’s consumer prices soared 1.21% in September over August totalling 6.67% in nine months and 8.64% in the last twelve months, above the 7.88% at the end of August.

• Wednesday, October 3rd 2012 - 04:50 UTC

  Cosmo with no plans in Uruguay; Pluna Bombardiers will be chartered in East Europe

  

  Spanish airline Cosmo which purchased in an auction in Montevideo seven aircraft from Uruguay’s liquidated flag-carrier Pluna said they will be used “to expand the charter flight business in Central and Eastern Europe”, according to an official company communiqué released by the Spanish government news agency EFE.