Uruguay

• Thursday, March 17th 2011 - 07:48 UTC

  It’s official: Uruguay and Argentina will bid to host the 2030 World Cup

  

  Uruguay and Argentina that played the final of the first World Cup in 1930 in Montevideo, announced Wednesday they have jointly launched a bid to host the 2030 World Cup to celebrate the centennial.

• Wednesday, March 16th 2011 - 03:59 UTC

  Uruguay recognizes Palestinian sovereign state and will open embassy in Ramallah

  

  Uruguay announced on Tuesday it had recognized a Palestinian state, becoming the latest in a string of Latin American countries to make an endorsement in recent months the United States has called premature.

• Friday, March 11th 2011 - 04:43 UTC

  How Argentina torpedoed Uruguay’s FTA with the US, according to Wikileaks

  

  Although in public former Argentine president Nestor Kirchner was supportive of Uruguay’s negotiations for a free trade agreement (FTA) with the United States, members of his cabinet warned the US embassy in Buenos Aires that Argentina would block such an initiative in Mercosur, according to the contents of several Wikileaks cables published in Montevideo and Buenos Aires.

• Wednesday, March 9th 2011 - 18:03 UTC

  Nestor Kirchner government is more like “fascist brown shirts than left-wing”

  

  Former Uruguayan Industry and Energy Minister, Jorge Lepra (*), described Néstor Kirchner’s government as ”fascist”, during a meeting with the US Embassy Chargé D'Affaires at Uruguay, James Nealon, in February 14, 2006, according to a cable revealed by Wikileaks in which Nealon reported to Washington the minister’s harsh words.

• Tuesday, March 8th 2011 - 02:05 UTC

  Uruguayan investors purchased 1.1 million hectares in the Paraguayan Chaco

  

  Uruguayan investors have purchased an estimated 1.1 million hectares in the Paraguayan Chaco, (heartland of landlocked Paraguay) in spite of the fact land prices have quadrupled in the last two years. The record year was 2010 with 200.000 hectares.

• Friday, March 4th 2011 - 05:59 UTC

  Geithner argues growth in China, India, Brazil are boosting US exports

  

  Rapid growth of emerging economies like China, India and Brazil is boosting the American exports, US Treasury Secretary Timothy Geithner has said.

• Thursday, March 3rd 2011 - 05:55 UTC

  Argentine has ‘liberated’ 75% of retained import licences says Uruguayan minister

  

  Uruguay’s cabinet meeting spokesperson confirmed Wednesday that Argentina had “liberated” 75% of the import licences that remained delayed and which was one of the main points of the agenda in the recent summit between Uruguayan president Jose Mujica and Argentina’s Cristina Fernandez de Kirchner.

• Thursday, March 3rd 2011 - 05:46 UTC

  IMF chief praises Uruguay, cautions good times are not for ever

  

  IMF Managing Director Dominique Strauss-Khan praised the management and achievements of the Uruguayan economy and said it was a pleasure to visit a country that does not have major problems resulting from the 2008 global financial crisis, which is a “recurrent issue” of his busy agenda.

• Thursday, March 3rd 2011 - 05:30 UTC

  Velux 5 Oceans in Punta del Este; Van Liew with Le Pingouin wins third consecutive leg

  

  The US skipper Brad Van Liew won his third consecutive leg in the Velux 5 Oceans race on Tuesday evening pulling into Punta del Este, Uruguay, eight days after rounding Cape Horn in his 60-foot Eco 60 Le Pingouin..

• Monday, February 28th 2011 - 09:05 UTC

  Uruguay has the best business climate in Latam, says FGV and IFO

  

  Uruguay offers the best business climate out of eleven countries from Latin America according to the latest ratings released by the Brazilian Getulio Vargas Foundation, FGV and IFO from the University of Munich in Germany.