Uruguay

• Wednesday, September 22nd 2010 - 02:01 UTC

  Overhaul of Obama’s economic team continues: Summers returns to Harvard

  

  The White House announced Tuesday that, director of the National Economic Council will leave the administration of President Barack Obama and return to Harvard University at the end of the year.

• Tuesday, September 21st 2010 - 23:29 UTC

  Mujica: sorry HMS Gloucester, but our priority is good relations with Argentina

  

  Uruguayan president Jose Mujica told his cabinet that he had contacted the British ambassador to tell him why the Royal Navy HMS Gloucester bound for the Falkland Islands had been authorized to call in Montevideo and a few hours before arriving had clearance withdrawn.

• Tuesday, September 21st 2010 - 01:54 UTC

  Argentina denies “innocent pass” to Spanish trawler sailing from Falklands

  

  A Spanish flagged trawler that operates in Falkland Islands waters and was heading to Montevideo to unload 700 tons of fish was denied “innocent pass” through Argentine waters and had to steam an additional 17 hours at a cost of 7.000 litres of fuel.

• Tuesday, September 21st 2010 - 01:19 UTC

  Uruguay bans docking permit to Royal Navy vessel heading for the Falklands

  

  HMS Gloucester, the Royal Navy South Atlantic patrol was banned from entering Montevideo for supplies and fuel, just a few hours before docking and in spite of having been authorized several days before to call in at Uruguay’s capital port.

• Monday, September 20th 2010 - 04:25 UTC

  Brazil’s post-election adjustment “won’t have much influence” on Uruguay

  

  Uruguayan market analysts don’t believe Brazil’s attempts to prevent its currency from continuing to appreciate will have a relevant impact for Uruguay or for its foreign exchange rate.

• Saturday, September 18th 2010 - 09:44 UTC

  Uruguay could recognize Palestine next year; confirms solid ties with Iran

  

  Uruguay’s president Jose Mujica said that ‘most probably’ next year his government would be recognizing Palestine and will continue to have “solid” relations with Iran, because it is in “the interest of the country”.

• Saturday, September 18th 2010 - 03:50 UTC

  Mujica rather mistrustful of Uruguay’s economic performance: too good to last

  

  President Jose Mujica said he was not satisfied with growth of the Uruguayan economy but rather ‘mistrustful’ since “good things are not for ever”, nevertheless the country must take full advantage of the situation.

• Friday, September 17th 2010 - 03:45 UTC

  Uruguay’s “life quality” tourism attracted 1.5 million in eight months

  

  The numbers of tourists arriving in Uruguay during the first eight months of 2010, compared to the same period a year ago, increased 13% and revenue jumped 20.2% according to the latest figures released Thursday by the Ministry of Tourism Hector Lescano.

• Friday, September 17th 2010 - 03:21 UTC

  He had to borrow money for a bus ticket to collect a 2 million USD lottery prize

  

  A Uruguay construction worker had to borrow the equivalent of seven US dollars from a neighbour to get to work. It was Thursday morning and several turned up to loan him the requested money.

• Thursday, September 16th 2010 - 05:15 UTC

  Uruguayan economy expands 9.8% in first half over last year

  

  The Uruguayan economy continues to expand strongly having advanced 2.3% in the second quarter over the first quarter and 10.4% compared to a year ago and 9.8% over the fist half of 2009, according to the latest release from the Central Bank.