Uruguay

• Friday, September 23rd 2011 - 08:00 UTC

  Uruguay could reconsider links with Mercosur given obstacles to inter-trade

  

  Uruguay is reconsidering the situation and links with Mercosur, given the recent trade obstacles and tariffs imposed by Mercosur senior partners Brazil and Argentina, announced President Jose Mujica in an interview.

• Friday, September 23rd 2011 - 07:57 UTC

  Uruguay’s second oil licensing round triggers greater expressions of interest

  

  Uruguay's government oil corporation Ancap has received expressions of interest from at least 10 foreign companies for 15 offshore oil and gas exploration blocks it is offering in its second licensing round, a company official said in Geneva.

• Wednesday, September 21st 2011 - 00:49 UTC

  Uruguay alert to the extent of Brazil recent measures on auto imports

  

  Uruguayan president Jose Mujica admitted a certain ‘stinging feeling’ following the recent Brazilian decision to increase import taxes on vehicles by 30%, which could also have an impact on Mercosur partners.

• Tuesday, September 20th 2011 - 21:22 UTC

  Good grades for Latam in IMF report; Uruguay’s forecasted growth: 6% in 2011

  

  The IMF forecasts Uruguay’s economy will expand 6% in 2011 and 4.2% the following year. Estimates are in line with targets made public by Uruguay’s central bank.

• Tuesday, September 20th 2011 - 08:58 UTC

  Five Uruguayan marines sentenced to jail for ‘gross misconduct’ in Haiti

  

  Five Uruguayan marines from the UN peacekeeping mission in Haiti accused of abusing a young Haitian were sentenced to jail by military justice for serious misconduct and omissions while on duty.

• Tuesday, September 20th 2011 - 08:53 UTC

  Best Angus bull at Uruguay’s Prado Show sold for 45.000 dollars to Argentina

  

  Sales in Uruguay’s main livestock show, --the 2011 edition of Expo-Prado--, totalled 765.000 dollars and 245.5 animals which is a significant improvement over the previous year (in numbers and dollars) but also because Uruguayan genetics was exported to Mercosur neighbours.

• Saturday, September 17th 2011 - 07:13 UTC

  Marines involved in alleged sexual abuse of an Haitian civilian back in Uruguay

  

  Uruguayan marines returned to Uruguay to stand trial for the alleged abuse of an 18-year-old man while on the UN peacekeeping mission in Haiti. They arrived Friday at Carrasco Airport and then taken to an undisclosed location.

• Thursday, September 15th 2011 - 19:05 UTC

  Uruguay’s second quarter slowdown surprised economic consultants’ estimates

  

  Uruguay’s main economic consultants admitted they missed, and by quite a margin, their Uruguayan economy performance estimates for the second quarter which according to the Central bank only expanded 0.5%.

• Thursday, September 15th 2011 - 17:03 UTC

  Mercosur is not working, good relations between two presidents ‘are not enough’

  

  President Jose Mujica admitted to Uruguayan manufacturers and farmers that with recurrent Argentine and Brazilian obstacles to trade “it’s very hard to make Mercosur function” and good relations between presidents “are not enough”.

• Thursday, September 15th 2011 - 07:14 UTC

  Uruguay’s GDP expands 4.8% in second quarter buoyed by domestic demand

  

  Uruguay’s GDP expanded 4.8% in the second quarter from a year earlier, the central bank said Wednesday on its website.