Uruguay

• 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.”

• 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.