Uruguay

• Friday, June 10th 2011 - 05:10 UTC

  China and Uruguay sign 17 cooperation accords and 530m USD trade package

  

  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.

• Thursday, June 9th 2011 - 14:19 UTC

  Montevideo and Buenos Aires flights cancelled as ash cloud remains over the area

  

  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.

• Thursday, June 9th 2011 - 08:56 UTC

  Uruguayan government divided over implementation of a new tax on farmland

  

  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.

• Thursday, June 9th 2011 - 05:39 UTC

  Uruguay trying to determine the death cause of 600 Magellan penguins

  

  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.

• Wednesday, June 8th 2011 - 16:36 UTC

  Uruguay considers China a ‘strategic partner’ and supports a Beijing-Mercosur trade accord

  

  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.

• Wednesday, June 8th 2011 - 06:37 UTC

  Air traffic in Buenos Aires and Montevideo returns to normal as ash cloud disperses

  

  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.

• Wednesday, June 8th 2011 - 02:17 UTC

  Uruguayan homes pay highest power rates and fuel prices in South America

  

  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.

• Tuesday, June 7th 2011 - 22:59 UTC

  Brazil, Uruguay, Chile and Peru shoppers, most promising for retail expansion

  

  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.

• Tuesday, June 7th 2011 - 22:00 UTC

  Airlines suspend flights from Uruguay, fearing the volcanic ash cloud

  

  Flights from Uruguay’s Carrasco international airport were suspended on Tuesday until further notice because of the proximity of Chile’s Puyehue volcano ash cloud that on Monday forced similar decisions for Buenos Aires City main international and domestic air terminals.

• Tuesday, June 7th 2011 - 21:51 UTC

  Uruguay complains about low ratings from the risk agencies

  

  Economy minister Fernando Lorenzo accused rating agencies of failing to recognize the increasing strength of Uruguay’s sustained economic growth and therefore denying its investment grade status.