Uruguay

• Wednesday, February 1st 2012 - 16:08 UTC

  Argentina new imports’ restrictions come into effect; claims from Mercosur

  

  Argentina’s controversial new import restrictions came into effect on Wednesday as part of the legislation on the trading sector which gives the government bureaucracy more powers to control and restrict imports.

• Tuesday, January 31st 2012 - 05:32 UTC

  Uruguay industry accuses Argentina of systematically blocking exports

  

  The Uruguayan industrial sector warned that certain members of the Mercosur “are failing to fulfil their obligations” and targeted Argentina directly by pointing out that the new trade regulations set by the local Government “are hurting production” in the neighbouring country.

• Monday, January 30th 2012 - 09:49 UTC

  Uruguay's ruling coalition has 7 points lead over the opposition

  

  Uruguay’s ruling catch-all coalition, Broad Front, has a 44% support well ahead of any of the two main opposition parties, according to the latest public opinion poll released in Montevideo by Equipos Mori.

• Monday, January 30th 2012 - 09:45 UTC

  Chile, Brazil and Uruguay among the world’s leading exporters of wood chips

  

  Wood chip exports from Latin America are on track to reach a record high of almost eight million tons in 2011, reports the Wood Resource Quarterly. This would be an increase of 7% from last year and of almost 60% higher than in 2006.

• Monday, January 30th 2012 - 07:14 UTC

  Mercosur is stalled: nobody comes knocking on the door, says Mujica

  

  Uruguay's President José Mujica said that Mercosur bloc is “stalled” and has no natural institutional operation to push other countries to express their willingness to enter it plus lacking the fluidity of a natural relationship.

• Friday, January 27th 2012 - 11:05 UTC

  Moody’s raises Uruguay’s credit rating to Ba1, one level below investment grade

  

  Uruguay’s credit-rating outlook was raised on Thursday to positive by Moody’s Investors Service, which cited the government’s commitment to keeping its budget deficit in check.

• Thursday, January 26th 2012 - 19:05 UTC

  HMS Protector reaches Antarctica, visits Uruguayan and Argentine bases

  

  HMS Protector, the Royal Navy's new ice patrol ship, has arrived in Antarctica for the first time after her long sail south from Portsmouth. Her arrival, via Montevideo in Uruguay, coincided with the centenary of the Royal Navy's Captain Scott reaching the South Pole.

• Tuesday, January 24th 2012 - 04:05 UTC

  Uruguay expanded 6% in 2011 and fiscal deficit dropped to 0.8% of GDP

  

  Finance Minister Fernando Lorenzo said that Uruguay’s economy in 2011 expanded an estimated 6%, the ninth year running of sustained growth, and the budget fiscal deficit was 0.8% of GDP.

• Monday, January 23rd 2012 - 04:32 UTC

  Uruguay’s government and private sector disagree on number of tourists arrived

  

  The number of tourists arriving in Uruguay this summer season has erupted into an open controversy between the government and tourism operators who question the official stats release of the first fifteen days of January.

• Monday, January 23rd 2012 - 04:21 UTC

  Uruguay’s main residential seaside resort under siege by real estate speculators

  

  The leading residential seaside resort in Uruguay which has made the reviews of some of the most significant world magazines because of its village spirit, excellent beaches and easy going environment but also with some of the best restaurants and art galleries in the country is threatened by speculators.