Uruguay

• Tuesday, March 5th 2013 - 05:33 UTC

  An estimated one million dollars ‘trickled’ per day from Argentina to Uruguayan banks

  

  The dollar ‘clamp’ in Argentina had led to a ‘dollar trickle’ to Uruguayan banks, which according to official data from the two central banks can be estimated at a million dollars per day.

• Tuesday, March 5th 2013 - 05:29 UTC

  February inflation in Uruguay again above target: 8.89% in the last twelve months

  

  The Consumer Price Index, CPI, in Uruguay climbed 0.99% during February, accumulating 2.91% in the first two months of the year, and 8.89% in the last twelve months, far above the government’s target of 4% to 6%, according to the National Institute of Statistics, INE Monday release.

• Saturday, March 2nd 2013 - 08:36 UTC

  Mujica says Mercosur is a stalled pachyderm and needs trade accords with third parties

  

  Mercosur more than a common market is a “poor customs union” said Uruguayan president Jose Mujica adding that new discussions on the future of the group’s future should be considered but which imply the possibility of establishing new free trade agreements with third parties.

• Friday, March 1st 2013 - 00:17 UTC

  Relations with Cristina Fernandez are “an impossible mission”, admits Mujica

  

  Uruguayan president Jose Mujica admits that relations between Uruguay and Argentina’s Cristina Fernandez can be “an impossible mission”, but at the same time praised Venezuela’s Hugo Chavez “as the most generous head of state he has ever met”.

• Thursday, February 28th 2013 - 23:55 UTC

  US Air Force contracts 20 Brazilian Super Tucano fighters for Afghanistan

  

  The US Air Force has chosen Brazil’s Embraer for a 427 million dollars contract to supply light attack planes to Afghan forces, the company said Thursday, despite competition from an American bid.

• Monday, February 25th 2013 - 06:50 UTC

  Demonstration against Uruguay Supreme Court to protest human rights rulings

  

  Human rights groups with the support from political organizations, labour unions and students are planning a march and demonstration against Uruguay’s Supreme Court to protest a ruling that in effect re-instates an amnesty law which benefits military and police officers allegedly involved in human rights crimes during the 1973/84 dictatorship.

• Saturday, February 23rd 2013 - 06:34 UTC

  “Uruguayan government in deep crisis”, admits Mujica with a split cabinet and two economic teams

  

  “The Uruguayan government is in deep crisis” admitted President Jose Mujica following an open clash between ministers that called for an urgent meeting of the cabinet and half way had to be adjourned on fears that recriminations could get out of control. A recess was ordered but the squabbling through the press continued and the exposed deep rift remains more than a challenge.

• Monday, February 18th 2013 - 00:24 UTC

  Cruise industry warns South America: itinerary costs are three times higher than in the Mediterranean

  

  Representatives from the cruise industry have cautioned Uruguay that port operational costs in South America could have a negative impact on what has been a steady increase of business in the last few seasons and this impact could be felt as soon as next year despite the fact that the 2012/2013 season on the Atlantic is proving to be quite successful despite an uncertain start. “Itineraries’ costs in South America are three times those of the Mediterranean”.

• Saturday, February 16th 2013 - 21:24 UTC

  Human right activists in Uruguay storm the Supreme Court to protest judge’s transfer

  

  The Uruguayan police evicted dozens of protestors that during three hours occupied the seat of the Supreme Court to impede the transfer of a magistrate, closely linked to human rights cases, from the criminal to the civil forum. Magistrate Mariana Mota has dealt with some of Uruguay’s most notorious human rights cases dating back to the twelve years of military dictatorship, (1973/1985).

• Friday, February 15th 2013 - 23:13 UTC

  Financial Times: Argentina-Uruguay: too close for comfort?

  

  By Jude Webber - On Thursday 14 February the prestigious Financial Times published a piece pointing out the influence of Argentina on Uruguay and its economy. The article is simple and straight and is valid because of the Financial Times unquestionable opinion building capacity, and thus merits reproduction.