Uruguay

• Friday, May 6th 2011 - 00:10 UTC

  Uruguayan inflation eases in April but still is almost double the annual target

  

  Uruguay’s April consumer inflation, 0.34%, the lowest since last November came as a relief for government authorities, but the accumulated rate of the last twelve months was 8.34%, well above the Central bank 4% to 6% target. Furthermore compared to April 2010 inflation was almost double: 0.18% vs 0.34%, according to the country’s Statistics Institute, INE.

• Wednesday, May 4th 2011 - 18:32 UTC

  Montevideo apartment prices surged 22% over the year, says Global Property Guide

  

  With Uruguay’s economy growing at 8.5% in 2010 and managing to skip the 2009 slowdown with a 2.86% expansion, the housing market in the capital Montevideo is going through an excellent moment according to Global Property Guide based on info from local appraisers.

• Tuesday, May 3rd 2011 - 08:22 UTC

  Uruguay: overturning amnesty law could cost ruling coalition ‘dearly’

  

  Uruguayan Vice-president Danilo Astori acknowledged that overturning the “Expired Crimes” or amnesty bill for human rights violators during the military dictatorship (1973/1985) could cost the ruling coalition ‘dearly’ and said he voted following ‘party discipline’.

• Friday, April 29th 2011 - 05:10 UTC

  French Navy state of the art space tracking floating lab calls in Montevideo

  

  A French navy vessel equipped with state of the art systems for tracking missile launchings and other space objects called in Montevideo as part of its tour of the South Atlantic.

• Thursday, April 28th 2011 - 18:48 UTC

  EU report quantifies losses for farmers from a trade accord with Mercosur

  

  A week before the next round of negotiations for an ambitious association and trade agreement between the European Union and Mercosur, a paper from the EU Joint Research Study centre, JRS, quantifies the alleged losses of such a deal for European farmers.

• Thursday, April 28th 2011 - 02:41 UTC

  Chilean and Finnish companies confirm second pulp mill in Uruguay

  

  Chilean fuel and forestry conglomerate Empresas Copec SA will invest a record 1.2 billion US dollars this year, company president Roberto Angelini said on Wednesday, according to local newswire Valor Futuro.

• Thursday, April 28th 2011 - 02:38 UTC

  Indian minister visits Uruguay and Argentina to promote trade with Mercosur

  

  A top level Indian business delegation headed by Minister of state for Commerce and Industry Jyotiraditya Scindia is travelling to Argentina and Uruguay to boost ties with Mercosur, according to the Indo-Asian news agency.

• Wednesday, April 27th 2011 - 08:30 UTC

  Uruguay’s flag carrier Pluna orders three more Canadian CRJ900

  

  Canada’s Bombardier Aerospace said Monday it has received another follow-on order from Uruguay’s flag carrier Pluna for three CRJ900 NextGen regional jets, helping the manufacturer's efforts to avoid layoffs.

• Wednesday, April 27th 2011 - 02:10 UTC

  Guerrilla/military events from forty years back poison Uruguayan politics

  

  The release of an alleged unfinished pact negotiated over a decade ago between former urban guerrillas and the military triggered serious controversy in Uruguay in the midst of a political debate to overrule a bill which exempts former officers from going to court for alleged human rights abuses during the military dictatorship (1093/1085).

• Wednesday, April 27th 2011 - 02:02 UTC

  “Eco-fascism” or fundamentalist environmentalism joins political jargon

  

  Campaigns in extreme defence of Nature and the environment can turn into a sort of “eco-fascism” unable to solve the home problems for millions or modify the consumerism paradigm of modern societies, warns a new academia discussion publication in Argentina.