Uruguay

• Friday, August 26th 2011 - 16:56 UTC

  Argentina blocks sale of Paraguayan power to Uruguay

  

  “Argentina wants to charge 49 dollars per KW of power transferred from Paraguay to Uruguay, which is five times what it charges Brazil” claims Paraguayan Vice President Federico Franco who described the pretension as “inadmissible and preposterous”.

• Thursday, August 25th 2011 - 00:34 UTC

  Uruguay expects smallest wool clip in over a hundred years: 32 million kilos

  

  Uruguay is facing its smallest clip in over a hundred years and the 2011/2012 season’s wool production is estimated to be limited to 32 million kilos according to Joaquin Martinicorena, president of the Uruguay’s Wool Secretariat, SUL.

• Thursday, August 25th 2011 - 00:09 UTC

  Uruguay’s textile industry could have to import 20 million kilos of wool

  

  Uruguay’s textile industry is short of wool and could be forced to import up to 20 million kilos, revealed Uruguayan Wool Secretariat (SUL) CEO Gabriel Capurro during the opening of an ovine industry seminar, organized by the country’s Corriedale breeders association.

• Tuesday, August 23rd 2011 - 04:12 UTC

  Argentina says the pulp mill conflict with Uruguay is over and ‘buried’

  

  Diplomatic relations between Argentina and Uruguay are going through “a very good moment, which can obviously be improved”, but there are “no open conflicts” because the dispute over the Botnia pulp mill has been definitively “buried”, said Argentine Foreign Affairs minister Hector Timerman.

• Monday, August 22nd 2011 - 06:55 UTC

  Uruguay and Colombia have best ‘business climate’ in Latin America

  

  Business climate remained stable in Latin America during the second quarter of the year in spite of signs of the incipient global financial crisis, according to the Brazilian Foundation and think-tank Getulio Vargas. Uruguay and Colombia led the pack of the most pro-business countries in the region.

• Saturday, August 20th 2011 - 06:37 UTC

  Feisty Uruguay wins respect from neighbours and investors

  

  The following feature piece from Reuters written by Hillary Burke and Malena Castaldi gives an idea of Uruguay’s international standing.

• Wednesday, August 17th 2011 - 23:06 UTC

  Record prices for Uruguayan beef but insufficient cattle in 2011/2012

  

  Uruguay’s beef industry is short of cattle and the annual slaughter for 2011 is expected to be the lowest in a decade, similar to ten years ago when the foot and mouth disease crisis that isolated the country from world markets.

• Tuesday, August 16th 2011 - 06:30 UTC

  Takeovers’ glut and lack of cattle expose Brazilian leading meatpacker Marfrig

  

  Brazilian leading meatpacker Marfrig will not be considering takeovers until 2012, Chief Executive Marcos Molina dos Santos said on Monday after the company posted a second-quarter net loss.

• Friday, August 12th 2011 - 06:20 UTC

  US job market data brings relief to markets stunned by the Euro and dollar crises

  

  New US claims for unemployment benefits dropped to a four-month low last week, government data showed Thursday, a rare dose of good news for an economy that has been battered by a credit rating downgrade and falling share prices.

• Tuesday, August 9th 2011 - 12:55 UTC

  To face the crisis, it is necessary to act with “the criteria of a good housewife”

  

  Uruguayan President Jose Mujica said Monday that the developed world financial scenario is quite disappointing almost regrettable, and recovery in those countries can be expected to be “very slow and full of uncertainties”