Uruguay

• Saturday, October 9th 2010 - 05:09 UTC

  Uruguay celebrated 25 years as Consultative member of the Antarctic Treaty

  

  Uruguay celebrated on Thursday the 25 years since being accepted as Consultative member of the Antarctic Treaty. The event coincided this year with the XXXIIIth Antarctic Treaty Consultative meeting which for the first time was hosted by Uruguay last May.

• Friday, October 8th 2010 - 19:03 UTC

  Private sector calls on governments for the EU/Mercosur trade agreement

  

  Chambers of Commerce from Europe, Brazil and Uruguay called on their governments to give a new thrust to negotiations for an ambitious cooperation and trade EU/Mercosur agreement.

• Thursday, October 7th 2010 - 00:28 UTC

  Uruguayan economy, second best performer in Latinamerica, forecasts IMF

  

  The IMF expects the Uruguayan economy to expand strongly this year, 8.5% and 5% in 2011 in a world framework which is experiencing the slow consolidation of recovery but still highly vulnerable.

• Thursday, October 7th 2010 - 00:24 UTC

  Uruguay targets EU tariff free feed-lot beef quota

  

  Uruguay is optimistic about taking a share of the tariff free 20.000 tons of the feed-lot beef quota which the European Union establishes annually. The dossier with all the requested information has been sent to the EU and if finally approved would further boost the Uruguayan cattle and meat industries which are experiencing one of its best moments in history.

• Monday, October 4th 2010 - 03:53 UTC

  Uruguay’s debt/GDP ratio down after five quarters running increases

  

  Uruguay’s gross public sector debt contracted in the second quarter of the year after five consecutive periods of sustained increase and now stands at 21.885 billion US dollars equivalent to 59.5% of GDP.

• Friday, October 1st 2010 - 00:14 UTC

  Uruguay presented pre-candidacy, with Argentina, for the 2030 World Cup

  

  The international football federation, FIFA, President Joseph Blatter confirmed that Uruguay has expressed interest in organizing jointly with Argentina, the 2030 World Soccer Cup, to celebrate the 100 years of the first Jules Rimet edition and Uruguay’s victory.

• Thursday, September 30th 2010 - 00:51 UTC

  Latinamerican banks meet in Punta del Este to analyze post-crisis opportunities

  

  More than 1500 participants from the banking world are expected to attend the November assembly of the Latinamerican Federation of banks, Felaban, to be held in Punta del Este, Uruguay.

• Tuesday, September 28th 2010 - 21:22 UTC

  World Cup top star Forlan will promote Uruguay’s tourism attractions campaign

  

  Uruguay’s world soccer star Diego Forlan will become next November the visible face of the official campaign to promote the country’s tourism attractions.

• Tuesday, September 28th 2010 - 05:54 UTC

  Mujica rejects nationalization, preaches orthodox economics and praises the media

  

  Uruguayan president Jose Mujica said that taking over companies by the state “is a solution that has been abandoned” and is the “perfect recipe to breed an oppressive bureaucracy”.

• Saturday, September 25th 2010 - 05:06 UTC

  Uruguay raises basic rate; gives priority to inflation target

  

  Uruguay’s central bank raised on Friday its overnight lending rate to 6.5% from 6.25% as inflation expectations are above the target range of 4% to 6%. The decision took the market by surprise since exporters have been asking for a stronger US dollar, but the Economy ministry said “it did not visualize a loss of competitiveness”.