Uruguay and Argentina approved this week conditions to begin dredging the River Plate Martin Garcia access channel, an ongoing dispute of over ten years that seriously constrained Uruguay’s ports development, according to reports in the Montevideo media.
The Uruguayan economy is forecasted to expand 5.5% this year generating 40.000 new jobs, and 4.5% in 2012, according to “Prospects and Tendencies” announced Thursday by the Economy Institute from the Economics Faculty.
Uruguay’s First Lady Lucia Topolansky described statements from former president Tabare Vazquez referred to a possible ‘war hypotheses’ with Argentina over the paper mill conflict as ‘absurd’ and recommended those words shouldn’t be considered more than a simple kids’ anecdote.
Argentine officials reacted strongly to remarks from former Uruguayan President Tabare Vazquez who revealed that during the prolonged diplomatic conflict with Argentina over the construction of the Botnia-UPM pulp plant, he feared the situation could have led to an armed confrontation.
Uruguayan president Jose Mujica left on Tuesday for a ten day visit to Europe that will take him to Sweden, Norway, Germany and Belgium, where he is expected to promote trade, investments and economic development.
Uruguay celebrated Monday October 10 the bicentennial of its emancipation process with a great colourful, open party that attracted over 300.000 people to the streets and stages in the capital Montevideo.
Latin American countries will be meeting in Uruguay in two weeks time to define a common stance on the international crisis for the coming G20 summit that will be taking place early November in France.
Steve Jobs, who transformed the worlds of personal computing, music and mobile phones, died on Wednesday at the age of 56 after a year-long battle with pancreatic cancer.
The chances for Uruguay of having significant commercial reserves of natural gas and oil are on the increase according to recent reports from US Energy and Geology agencies and published in the Montevideo press.
In the framework of the so called Plan Maior, Brazil adopted measures to stimulate its industry with the purpose of increasing productivity and containing competition from Chinese produce in its domestic market.