Uruguay

• Saturday, April 20th 2013 - 09:07 UTC

  Uruguay investing hundreds of millions to support the US dollar and exports edge

  

  Uruguay’ financial and political stability is backfiring as the Central bank is forced to buy a massive inflow of foreign capital which in turn creates an abundance of Pesos that need to be absorbed to control inflation and support the competitive edge of the country’s exports.

• Saturday, April 20th 2013 - 09:01 UTC

  Positive cruise season for Uruguay and further growth prospects for 2013/14

  

  Last Wednesday April 17 ‘Splendour of the Seas’ and its 1.940 passengers marked the end of the 2012/13 cruise season for Uruguay, which took off on 23 October and totalled 222 calls between the port of Montevideo and Punta del Este sea resort.

• Friday, April 19th 2013 - 03:14 UTC

  May peace prevail: Cristina and Mujica fly together to Peru on Tango 01

  

  Sooner than expected Argentine President Cristina Fernandez seems to have accepted her Uruguayan peer Jose Mujica’s apologies following his coarse words: “this old lady is worse than the one-eyed man” to refer to the Argentine leader and her late husband Nestor Kirchner.

• Thursday, April 18th 2013 - 21:39 UTC

  “Democracy in Paraguay is here to stay: Mercosur and Unasur have become irrelevant”

  

  “We’re optimistic about Sunday’s election and the future of Paraguay if we can agree on long term state policies, but something is for certain: democracy in Paraguay is here to stay” said Ricardo Caballero Aquino, Chargé d’affaires of the Paraguayan embassy in Montevideo who was also positive about future relations with Unasur and Mercosur.

• Wednesday, April 17th 2013 - 23:49 UTC

  Latam countries in OAS recognized Maduro as Venezuela’s elected president

  

  Representatives from several Latinamerican and Caribbean countries before the Organization of American States recognized on Wednesday Nicolas Maduro as elected president of Venezuela. Nicaragua, Argentina, Brazil, Colombia, Dominican Republic, Uruguay among others congratulated the new head of state and praised the Venezuelan people for their massive and peaceful turnout last Sunday for the historic voting day.

• Wednesday, April 17th 2013 - 08:06 UTC

  Cristina Fernandez and Mujica could overcome incident at Maduro’s ceremony in Caracas

  

  Argentina and Uruguay presidents could hold an unofficial meeting next Friday in Caracas when they attend the taking office ceremony of Venezuelan president next Friday, according to Montevideo diplomatic sources.

• Monday, April 15th 2013 - 11:36 UTC

  Growing frustration and recriminations in Uruguayan cabinet over economic policy

  

  Relations inside the Uruguayan cabinet remain tense with some ministers in non-talking terms even when President Jose Mujica cancelled the Monday full ministerial turnout for three specific areas, security, social affairs and production meetings, which function every two weeks.

• Monday, April 15th 2013 - 03:16 UTC

  Controversy over Uruguay’s summer season: supermarket sales were down 15%

  

  The ongoing controversy in Uruguay as to how ‘modest’ or ‘bad’ was this summer’s season has received some facts to support the discussion: supermarket sales in Punta del Este-Maldonado the main resort area along the Atlantic coast contracted 15%, compared to the previous year, while overall in the whole of the country sales were down 2%.

• Monday, April 15th 2013 - 03:10 UTC

  Mujica envoy to Buenos Aires to try and re-establish ‘normal contacts’ with Cristina Fernandez

  

  Uruguay’s Deputy Foreign minister Roberto Conde is scheduled to travel to Buenos Aires this week as part of President Jose Mujica’s administration efforts to rebuild bilateral relations with Argentina following his ‘coarse, jail-slang’ descriptions of president Cristina Fernandez and her late husband Nestor Kirchner, which were refuted as ‘unacceptable and denigrating”.

• Friday, April 12th 2013 - 06:50 UTC

  Mujica ‘deepest apologies’ to Cristina Fernandez for the ‘coarse, jail-language’

  

  “My deepest apologies to those whom I might have hurt with my words in recent days” said Uruguayan president Jose Mujica in his daily broadcast on Thursday, the first public apology for the controversial expressions he used last week to refer to Argentine president Cristina Fernandez and her late husband Nestor Kirchner.