In anticipation of Uruguay Oil Round II, scheduled for next September, Singapore based Reflect Geophysical Pte Ltd announced the completion of the survey for the acquisition of geophysical data in the Uruguayan offshore, through the seismic vessel R/V Reflect Aries.
Uruguay, most of Argentina, the south of Chile and even the Falkland Islands is the South Atlantic are suffering the consequences of the volcanic ash cloud that remains hovering over the region forcing airlines to cancel flights until further notice.
Visiting Chinese Vice-President Xi Jinping signed Wednesday in Uruguay 17 cooperation agreements and trade contracts for the purchase of 530 million US dollars in Uruguayan goods before leaving for Chile the third leg of his tour of Latin America.
Flights from Uruguay’s main international airport Carrasco and from Buenos Aires busiest air terminals have been cancelled Thursday until further notice because of the volcanic ash cloud which again is hovering over the River Plate as winds have changed.
The Uruguayan government is trying to decide how to implement a controversial new tax on land holdings involving approximately 60 million dollars per annum and which has exposed deep differences in the ruling coalition, is rejected by farmers and feared by investors.
Authorities in Uruguay say they have found about 600 dead penguins washed up on the Atlantic coast since Saturday. Experts are trying to determine what has killed the sea birds.
Uruguay sees China as a ‘strategic partner’ and has kept good relations with Beijing since the two countries forged diplomatic ties in 1988, said Uruguayan Foreign Affairs minister Luis Almagro, a former ambassador to China from 2007-2009. Almagro made the statement as Chinese Vice-President Xi Jinping begun his official visit to Uruguay.
Argentina’s Civil Aviation agency (ANAC) and the Secretariat of Transport announced that the Ezeiza and Aeroparque airports are “now open and operating normally” as the ash cloud spewed by Chile’s Puyehue volcano late Tuesday seemed to be moving away from the Buenos Aires City and part of the River Plate area.
Uruguayan homes pay the dearest rates for power in South America and the highest fuel prices in the region, including taxes, according to a paper from the Argentine energy consultants Montamat & Asociados, released last month.
Brazil, Uruguay, Chile and Peru figure among the short list of top ranked developing countries for global retail expansion. In the 10th annual Global Retail Development Index (GRDI), elaborated by global management consulting firm A.T. Kearney, Brazil jumped to first place from number 5 in last year’s study.