Uruguay

Monday, May 6th 2013 - 00:34 UTC
Uruguayans on average have to work 128 days a year to pay their taxes

Uruguayans on average work 128 days, over a third of the year to pay taxes, according to a report from a local lobby group based on the “Tax-free day” which supposedly marks the end of the time dedicated to contribute to the treasury.
Monday, May 6th 2013 - 00:28 UTC
Maduro visits Uruguay on his first overseas trip since becoming elected president

Venezuelan president Nicolas Maduro begins next Tuesday an official one visit to Uruguay when he will be meeting with head of state Jose Mujica and former president Tabare Vazquez.On Wednesday he plans to fly to Argentina and the following day, Brazil.
Saturday, May 4th 2013 - 10:03 UTC
Uruguay admits trade and economic relations with Argentina ‘couldn’t be worse’

Vice-president Danilo Astori admitted on Friday that economic-trade relations with Argentina continue to deteriorate and seriously question Mercosur and Uruguay must therefore speed the search for other alternatives.
Thursday, May 2nd 2013 - 08:03 UTC
Where is Uruguay’s economy headed?

Fitch Ratings in March joined two other major ratings agencies in giving Uruguay its coveted investment grade, a move that lowers the nation’s borrowing costs and opens up opportunities for new investors.
Wednesday, May 1st 2013 - 02:18 UTC
Unpleasant surprises for the Uruguayan economy predicts a US financial group

A serious deterioration is taking place under the surface of the Uruguayan economy and when the current inflow of foreign capital reverts, the country is going to suffer unpleasant shocks with a strong rise in the price of the US dollar and an increase in inflation, according to a report from the US based BCP Securities.
Wednesday, May 1st 2013 - 00:33 UTC
Uruguay’s Figueredo replaces Leoz as president of CONMEBOL until 2015

Uruguay’s Eugenio Figueredo was officially appointed president of the South American Football Confederation (CONMEBOL) in succession to Nicolas Leoz on Tuesday. He is the third Uruguayan to occupy the post.
Saturday, April 27th 2013 - 04:44 UTC
Uruguayans hold 7.18bn in overseas deposits, according to BIS

Deposits of Uruguayans in overseas banks experienced a drop in the last quarter of 2012, the second consecutive fall (3%), and now stand at 7.18bn dollars according to preliminary data released by the Bank for International Settlements.
Thursday, April 25th 2013 - 21:26 UTC
Uruguay GM lambs which have a luminescence reaction when exposed to UV conditions

Uruguay has a ‘flock’ of nine six-month ‘brilliant’ lambs which behave as any other sheep but are really genetically modified and are planned to help with medicine research. They were born in a farm belonging to the Animal Reproduction Institute of Uruguay (Irauy) a non profit organization connected to the Genetically Modified Animals Unit from the Pasteur Institute, a branch in Montevideo of the renowned French scientific organization.
Tuesday, April 23rd 2013 - 06:40 UTC
England confirms three rugby matches in Uruguay, Argentina tour

England will play three matches on their tour to Argentina and Uruguay this coming June, announced the Rugby Union in England. Stuart Lancaster’s side will face a CONSUR XV representing the South American nations in Montevideo, Uruguay, on Sunday, June 2 (3.30pm local time, 7.30pm BST).
Monday, April 22nd 2013 - 08:13 UTC
More praise from Mujica to Cristina Fernandez stubbornness and determination

President José Mujica said Uruguay “must always talk and maintain close relations with Argentina” following the recent controversy that flared up when he was caught by an open microphone calling Argentina’s Cristina Fernandez “the old lady” and her deceased husband Néstor Kirchner “the one-eyed.”