Uruguay

• Thursday, June 21st 2012 - 18:12 UTC

  Uruguayan minister admits deep concern about events in the Euro zone

  

  Uruguayan Minister of Economy Fernando Lorenzo expressed deep concern regarding events in Europe and warned that “the longer the delay in effectively analyzing the cost of the crisis” then everything will work out “much costlier”.

• Thursday, June 21st 2012 - 16:42 UTC

  Uruguay/Argentina agree to 3-month hake ban in the shared maritime zone

  

  Argentina and Uruguay agreed a ban on hake catching in the shared maritime zone beginning next July first, confirmed on Thursday Uruguayan Aquatic Resources Department (Dinara) sources.

• Wednesday, June 20th 2012 - 06:41 UTC

  Uruguay will send bill to liberalize trade and consumption of marihuana

  

  Uruguayan president Jose Mujica will send to Parliament a bill to liberate the production, trading and consumption of marihuana as part of a package of drastic measures to combat crime which he will discuss with security area cabinet minister before making them public.

• Wednesday, June 20th 2012 - 06:37 UTC

  Uruguayan government takes over bankrupt airline from private investors

  

  The Uruguayan government has reassumed control of Pluna, the nation's flag carrier after the airline’s controlling shareholder Leadgate announced that it will withdrawal from the ownership structure of the company.

• Wednesday, June 20th 2012 - 00:35 UTC

  Uruguay meat exports so far this year total 195.459 tons and 766 million dollars

  

  Uruguay meat exports so far this year (June 9) represented 766 million dollars which is slightly higher that the same period last year when the sum was 722 million dollars; likewise tonnage was 195.459 compared to 184.749 tons in 2011.

• Tuesday, June 19th 2012 - 06:23 UTC

  Uruguay economy expands 1.9% in the first quarter but uncertainties persist

  

  Uruguay’s economic growth quickened in the first quarter, spurred by increased transport and communications. GDP expanded 4.2% from a year earlier and grew 1.9% from the fourth quarter of 2011, the central bank said on its website.

• Friday, June 8th 2012 - 01:35 UTC

  China interested in a trade agreement with Mercosur reveals Uruguay

  

  China has offered Mercosur to consider the possibility of negotiating a free trade agreement revealed Uruguay, when the South American block is going through one of its worst moments ever so distant from the integration process pledges of 1991.

• Friday, June 8th 2012 - 01:19 UTC

  Uruguay hopes China will build and finance a deep-sea port on the Atlantic

  

  Uruguay’s long standing dream of building a deep-water port in the east of the country could become a reality in coming days when China’s Prime Minister Wen Jiabao visits the country, according to the government financed newspaper La Republica.

• Wednesday, June 6th 2012 - 06:33 UTC

  Uruguayan economist joins Brookings Institution as director of Latam Initiative

  

  Ernesto Talvi, an expert on Latin America, emerging markets and economic policy, will join the Brookings Institution as director of the Latin American Initiative (LAI), Brookings President Strobe Talbott announced this week.

• Wednesday, June 6th 2012 - 06:27 UTC

  Uruguay planning to expand nascent sovereign debt market to improve liquidity

  

  Uruguay wants to expand its nascent local sovereign debt market to improve the liquidity of its securities, said Azucena Arbeleche, the head of the country’s debt management unit at the Ministry of Economy and Finance.