Uruguay

• Monday, March 25th 2013 - 04:45 UTC

  Falklands ‘a NATO base’ and the referendum ‘unacceptable and ridiculous’, says Uruguay

  

  Two of Uruguay’s President Jose Mujica closest ministers, Defence and Foreign Affairs said that the ‘British occupation’ of the Falkland Islands is ‘unacceptable’, represents a NATO base in the South Atlantic and described the recent referendum in the Islands as ‘absurd and ridiculous’.

• Sunday, March 24th 2013 - 03:11 UTC

  Uruguay leaves benchmark rate unchanged; fears of slower economy and too strong Peso

  

  Uruguay’s central bank surprised the market by keeping on hold the benchmark interest rate at 9.25% after increases at the two previous monetary policy meetings failed to slow inflation, one of the country’s main concerns.

• Saturday, March 23rd 2013 - 10:25 UTC

  ‘Justice or democracy’, Uruguay’s dilemma according to The Economist

  

  The Economist in its latest edition publishes a piece on Uruguay in which it reveals accurately the dilemma facing the country as a consequence of the legacy of the military dictatorship, 1973/1984 with all the killings, disappeared and tortured.

• Friday, March 22nd 2013 - 21:23 UTC

  Uruguay’s economic-trade relations with Argentina at ‘their worst moment in a long time’

  

  The economic-trade relations with Argentina are going through ‘their worst moment in a long time’, and the latest measures announced by the government of President Cristina Fernandez have a ‘very harmful effect’ on Uruguay, said Vice-president Danilo Astori on Friday.

• Friday, March 22nd 2013 - 21:16 UTC

  World Bank outstands Uruguay as a success story in economic and social recovery

  

  Under the heading of: “From crisis to opportunity: supporting an effective economic and social recovery with innovation and flexibility”, the World Bank outstands Uruguay as a success story, from the downfall of 2001/02, mainly consequence of the Argentine melting to the sustained recovery since 2004/05.

• Thursday, March 21st 2013 - 02:28 UTC

  Cruise vessel calls increased 9.3% so far this season in Uruguay

  

  The number of cruise-vessel calls in Uruguayan ports has increased 9.3% so far in this 2012/13 season with an influx of 20 million dollars for the local economy revealed Deputy minister of Tourism Antonio Carambula during a primary evaluation of business vis-à-vis the 2011/12 results.

• Thursday, March 21st 2013 - 02:22 UTC

  South America again attracting migrants looking for jobs and residence

  

  South American countries, as in other times are again attracting migrants looking for work and a place to live, according to a report from the International Organization for Migration, IOM, which states that the US and Canada continue to lead immigrant preferences in the Americas but interest has started to drop.

• Monday, March 18th 2013 - 20:36 UTC

  Uruguayan economy expanded between 3% and 3.5% last year says Central bank

  

  The Uruguayan economy expanded between 3% and 3.5% last year which is below the 5.7% of 2011, mostly because of a serious drought and a deteriorating world situation, advanced the country’s Central bank president Mario Bergara.

• Tuesday, March 12th 2013 - 01:10 UTC

  Uruguayan political system coincide in their disappointment with Mercosur ‘in a state of lethargy’

  

  Uruguayan Vice president Danilo Astori and members of the opposition ratified the country’s increasing concern about Mercosur which is “full of obstacles and problems” and is described as “sleepy and in state of lethargy”.

• Monday, March 11th 2013 - 22:59 UTC

  “Chavism” (like Argentina’s Peronism) for a long time to come, forecasts Mujica

  

  Uruguayan president Jose Mujica compared the future of Chavism in Venezuela with that of the Argentine Justicialista Party, which had in Juan Domingo Peron and his wife Evita Peron their maximum leaders (and caudillos), and even today in the almost hegemonic political movement in Argentina.