Uruguay

• Thursday, March 24th 2011 - 20:37 UTC

  Montevideo received almost a million tourists in 2010

  

  Uruguay received 2.4 million tourists during 2010, 34% of which the capital Montevideo and if the cruise visitors are added the final number jumps to 930.000, according to Luis Polakof, head of the city’s Economic Development Department.

• Thursday, March 24th 2011 - 20:28 UTC

  Record price for Merino wool in Uruguay: 37.76 US dollars per kilo

  

  A bail of Uruguayan fine, clean wool, 14.4 microns, was sold at a record price of 37.76 a kilo. The ultra fine wool, (uncommon for Uruguay that has a flock mostly of Corriedale), was achieved based on a strategic alliance between the Merino breeders, the country’s Agriculture Research Institute, the textile industry and 51 farmers that signed in for the project.

• Thursday, March 24th 2011 - 19:47 UTC

  Uruguay forecasts beef exports will total 1.4 billion USD in 2011

  

  Uruguayan beef exports should reach 1.4 billion US dollars in 2011 according to an announcement this week from the country’s Minister of Agriculture and Livestock Tabare Aguerre.

• Thursday, March 24th 2011 - 06:05 UTC

  Spanish cooperation program for Uruguayan fishing industry experts

  

  Uruguayan fish industry instructors, technicians and professionals concluded this week a twenty day training course sponsored by Spain’s Ministry of environment, rural and marine affairs, on board the Spanish scientific research vessel Intermares.

• Thursday, March 24th 2011 - 03:11 UTC

  Inflation in Uruguay feeling impact of 11.4% private domestic demand expansion

  

  Private domestic demand was a crucial element in the 2010 performance of the Uruguayan economy that expanded 8.5%, for the eighth year running, according to the latest report from the Central bank. But inflation is also running well above target.

• Wednesday, March 23rd 2011 - 19:30 UTC

  Uruguay expands record 8.5% in 2010; forecasts 6% this year

  

  The Uruguayan economy completed in 2010 the eighth year running of expansion having recorded 8.5%, which together with 2008 and 1998 makes them the best three years of the last two decades. Uruguay managed to skip the 2009 global recession with a 2.9% expansion.

• Monday, March 21st 2011 - 17:08 UTC

  A Southern Cone cruise considered “the best in the world” at Miami’s Seatrade

  

  A Southern Cone cruise (Uruguay, Argentina, Falkland Islands and Chile) was described as “the best in the world” by John Tercek, Vice President of Commercial Development, Royal Caribbean Cruises Limited, at last week’s Seatrade Cruise Shipping Miami.

• Sunday, March 20th 2011 - 07:43 UTC

  Uruguay contracts 2D seismic survey in anticipation of second oil licensing round

  

  Singapore based Reflect Geophysical has been selected by Uruguay’s state oil company Ancap to carry out a 2D seismic survey in the country’s Punta del Este and Pelotas offshore basins.

• Saturday, March 19th 2011 - 07:22 UTC

  Inflation alarm-bells in Uruguay as consumer prices rise sharply in Jan-Feb

  

  Uruguay's central bank must act swiftly after a surge in consumer prices during the first two months of the year or the economy could suffer “serious problems,” a recognized research company has warned.

• Thursday, March 17th 2011 - 17:27 UTC

  Argentina and Uruguay advance relations in a full ministerial meeting

  

  Argentina and Uruguay signed this week several agreements with the aim of improving bilateral trade, improving rivers’ navigation, social policies and other issues, within the Second Bi-national Meeting of Ministers in the framework of a relation described as ‘strategic’.