Uruguay

• Tuesday, July 31st 2012 - 23:19 UTC

  With Venezuela Mercosur has become “a new pole of world power”

  

  Argentine President Cristina Fernández said on Tuesday during a press conference held at the Mercosur extraordinary summit in Brasilia, that Venezuela’s entry to the bloc “strengthens the entire region” and creates a “new pole of power” at world level.

• Tuesday, July 31st 2012 - 22:22 UTC

  Second risk rating agency upgrades Uruguay to investment grade

  

  Moody's Investor Service upgraded Uruguay's sovereign ratings from Ba1 to Baa3, following Standard & Poor's upgrade announced on April.

• Tuesday, July 31st 2012 - 11:20 UTC

  Uruguay’s citrus industry hit by frosts accumulates losses of 35m dollars

  

  Uruguay estimates that the citrus industry will experience losses of 35 million dollars because of the intense frosts. The 35 million includes 12 million dollars in lost salaries and contributions to social security.

• Tuesday, July 31st 2012 - 02:05 UTC

  Uruguay expects to plant a record area of soybeans this coming season

  

  The soybean area and crop of the next harvest in Uruguay is expected to establish a new record with an additional 10% acreage, totalling over a million hectares boosted by excellent international prices and good weather prospects, according to reports from local grain and oilseed operators.

• Tuesday, July 31st 2012 - 01:58 UTC

  Increase of non resident deposits in Uruguayan banks

  

  The number of bank accounts of non residents in Uruguay climbed 14% in June compared to a year ago, --6.769 new clients--, which is higher than the increase verified for the whole number of residents and non residents, up 2%, according to Uruguay’s central bank data.

• Tuesday, July 31st 2012 - 00:54 UTC

  Uruguay and NOAA work in programs to track sharks and sea turtles

  

  Uruguay with the help of the US National Oceanic and Atmospheric Administration (NOAA) is becoming a pioneer in the marking and tracking of sharks and turtles in the western South Atlantic, which allows to establish migrating routes and other valuable data for the protection of these species.

• Monday, July 30th 2012 - 19:51 UTC

  Argentina again manages to delay the dredging of a shared canal with Uruguay

  

  Uruguayan president Jose Mujica said on Monday it “is not useful” for foreign ministries to publicly exchange letters following Argentina’s latest message accusing Uruguay of not collaborating in exposing claims of alleged bribes involving the works planned for the widening and deep-dredging of the River Plate access canal Martin Garcia.

• Monday, July 30th 2012 - 04:48 UTC

  Mujica will try to appease ‘lady’ Cristina and have closer links with Dilma

  

  President Jose Mujica travels to Brasilia on Monday for the Mercosur extraordinary summit on Venezuela, but his agenda also includes talking with Cristina Fernandez about the latest clash referred to the dredging of a shared River Plate access canal and with host Dilma Rousseff about his growing proximity to Brazil.

• Monday, July 30th 2012 - 04:42 UTC

  The significance of Venezuela for Brazil underlined by the country’s diplomats

  

  Brazilian diplomats revealed during a television Globo News debate details of the controversial procedure applied by Mercosur countries to suspend Paraguay and agree the incorporation of Venezuela as full member.

• Saturday, July 28th 2012 - 11:05 UTC

  Pluna’s seven Bombardiers to be auctioned next 3 September says government

  

  The Uruguayan government announced it will auction next 3 September the seven Bombardier aircraft from the collapsed flag air-carrier Pluna, which was definitively grounded last July 5, announced Public Works and Transport minister Enrique Pintado.