Uruguay

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.
Tuesday, September 13th 2011 - 05:16 UTC
BPU Meat Uruguay responds to UK Hereford beef labelling controversy

On September 10th MercoPress reproduced a piece from Meat Trade News Daily (UK farmers claim Uruguay’s ‘Hereford’ meat labelling is ‘misleading’) in which the UK National Farmers Union, NFU called on Asda supermarkets to change its labelling policy after it emerged that its meat marked ‘Hereford Prime Beef Sirloin Steak’ is sourced 6,800 miles away in Uruguay.
Saturday, September 10th 2011 - 06:29 UTC
Uruguay offered cheaper power from private wind-farm developers

Uruguay could enjoy 1.3 billion dollars of wind farms in the next four years after developers said they could provide electricity cheaper than conventional energy sources.
Saturday, September 10th 2011 - 05:27 UTC
UK farmers claim Uruguay’s ‘Hereford’ meat labelling is ‘misleading’

The UK National Farmers Union, NFU, has called on Asda supermarkets to change its labelling policy after it emerged that its meat marked ‘Hereford Prime Beef Sirloin Steak’ is sourced 6,800 miles away in Uruguay.
Saturday, September 10th 2011 - 00:34 UTC
India and Uruguay sign agreement to avoid double taxation

India and Uruguay signed this week a Double Taxation Avoidance Agreement (DTAA) for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and capital.
Friday, September 9th 2011 - 18:49 UTC
Four seriously injured when Korean fishing vessel catches fire in Montevideo

Four crewmen seriously injured and a total loss was the result of a fire that broke out Thursday night in a Korean flagged fishing vessel docked in the port of Montevideo and was still burning Friday morning.
Friday, September 9th 2011 - 09:23 UTC
Uruguay launches second round of hydrocarbons offshore exploration

Uruguay detailed plans to auction 15 offshore exploration blocks on Thursday, part of the energy-short country's efforts to reduce its dependence on imports of oil and natural gas.
Friday, September 9th 2011 - 03:35 UTC
Uruguayan marines in Haiti involved in ‘misconduct’; no evidence of sexual abuse

Three independent investigations in Haiti following the claim of an alleged sexual abuse against a local by five Uruguayan marines from the UN peacekeeping force coincide in that there was “misconduct” of the involved, but no crime was committed.