Uruguay

• Tuesday, September 11th 2012 - 06:40 UTC

  Despite the clamp, Timerman’s plans big ‘dollar splash’ next March in Uruguay

  

  While most Argentines face increasing difficulties to access to US dollars, to travel overseas or use their debit and credit cards abroad, (the famous ‘dollar clamp’) one of President Cristina Fernandez most notorious and loquacious ministers, Hector Timerman is organizing a three-day major splash at Uruguay’s most posh resort to celebrate the marriage of his eldest daughter.

• Saturday, September 8th 2012 - 06:58 UTC

  Banking group Lloyds selling Uruguay’s operations to Swiss Banque Heritage

  

  Banking group Lloyds announced on Friday its intention to sell its operations in Uruguay to Banque Heritage (Uruguay) SA in an effort to scale back its international presence.

• Saturday, September 8th 2012 - 06:53 UTC

  Australian company estimates 69.4 million tons of 26.5% iron-ore in north Uruguay

  

  Australia’s Gladiator Resources has announced a Joint Ore Reserves Committee, JORC, Indicated and Inferred Resource of 69.4 million tons at 26.5% iron at its Zapucay Project in the department of Rivera, northern Uruguay.

• Thursday, September 6th 2012 - 06:28 UTC

  Two Uruguayan ex-presidents openly support the new Paraguayan authorities

  

  Uruguayan former presidents Jorge Batlle and Luis Alberto Lacalle came in support of the current Paraguayan authorities and political process and claimed the only “coup” was that of Mercosur against Paraguay. They also questioned the removed president Fernando Lugo’s ‘pitiful reaction’ and statements.

• Thursday, September 6th 2012 - 06:15 UTC

  August anticipates that Uruguay’s annual inflation out of target at 8%

  

  Consumer prices in Uruguay rose 0.93% during August, above expectations and leaving the Central bank with not much margin to apply counter measures. In the twelve months to August inflation was 7.88%, up from July’s 7.48%.

• Thursday, September 6th 2012 - 03:43 UTC

  Loan to help Uruguay lower violent crime rate in Montevideo

  

  The Inter-American Development Bank (IDB) has approved a US$5 million load to help Uruguayan officials fund a program to lower the violent crime rate in the capital city of Montevideo.

• Thursday, September 6th 2012 - 03:09 UTC

  American and United accused of negligence in the 9/11 terrorist attack on WTC

  

  US judge ruled that AMR Corp's American Airlines and United Continental Holdings Inc must face trial over claims relating to the Sept. 11 attacks that destroyed the landmark towers of the World Trade Centre in New York almost 11 years ago, court documents showed.

• Monday, September 3rd 2012 - 23:49 UTC

  Former president Vazquez by far the most favoured politician in Uruguay

  

  Former president Tabare Vazquez is the most popular politician in Uruguay with 65% support followed by the current head of state Jose Mujica with 50% and Vice-president Danilo Astori, 48%, according to an opinion poll from Equipos Mori and published over the weekend in the Montevideo media.

• Wednesday, August 29th 2012 - 21:22 UTC

  Majority of Uruguayans mistrust President Mujica; support stands at 39%

  

  Mistrust towards Uruguayan president Jose Mujica has again peaked in August and now stands at 52% while those trusting him are 39% with the remaining 8% saying they don’t know or prefer to remain quiet, according to the latest public opinion poll released this week in Montevideo.

• Thursday, August 23rd 2012 - 06:38 UTC

  Argentina promulgates tax data exchange bill, but Uruguay still has to vote it

  

  The Argentine government on Wednesday promulgated the tax agreement reached with Uruguay geared to lower fiscal evasion and elusion plus avoiding double taxing for residents from the neighbouring countries.