Uruguay

• Saturday, July 31st 2010 - 19:35 UTC

  Kuwait plans to open embassy in Montevideo to bolster trade

  

  Kuwait and Uruguay signed several agreements to bolster bilateral relations during the visit to Montevideo of a high level delegation from the Middle East country. Kuwaiti authorities announced that the kingdom would soon be opening an embassy in Montevideo.

• Saturday, July 31st 2010 - 18:56 UTC

  Mujica and Lula da Silva reiterate commitment to Mercosur and Unasur

  

  Brazilian President Lula da Silva and Uruguay’s Jose Mujica on Friday defended South America’s integration as a peace zone and reiterated the two countries commitment to Mercosur and Unasur.

• Friday, July 30th 2010 - 06:05 UTC

  NZ Trade Minister shares in Uruguay dairy farming could cost him the job

  

  The financial dealings of New Zealand Trade Minister Tim Groser are under scrutiny amid revelations he owns thousands of shares in a Uruguayan-based dairy company that he actively promotes as part of his job, according to the NZ press.

• Friday, July 30th 2010 - 03:21 UTC

  The “good chemistry” between Mujica and CFK crucial for the agreement

  

  The Uruguayan government and opposition expressed deep satisfaction with the agreement reached with Argentina for the monitoring of the River Uruguay which did not include ‘detrimental sovereignty issues’ and sealed the end to a long standing conflict.

• Thursday, July 29th 2010 - 05:52 UTC

  United and Continental closer to becoming the world’s largest carrier

  

  Continental and United airlines received this week the approval of European regulators permitting the two carriers to move ahead with their plans to create the world’s largest carrier.

• Thursday, July 29th 2010 - 00:49 UTC

  Mujica and CFK announce agreement to jointly monitor the River Uruguay

  

  Uruguay and Argentina finally reached on Wednesday an agreement for the joint monitoring of the River Uruguay which should end the long-standing dispute over the construction of the Finnish UPM/Botnia pulp mill dating back to 2005.

• Wednesday, July 28th 2010 - 06:55 UTC

  Mujica/Mrs. Kirchner summit: River Uruguay waters are choppier than expected

  

  Uruguayan president Jose Mujica will be meeting with his peer Cristina Kirchner Wednesday in Buenos Aires in what seems an attempt to unbind differences relative to the joint monitoring of the river Uruguay, particularly the Finnish pulp mill UPM/Botnia which is at the heart of the ongoing dispute between the neighbouring countries.

• Tuesday, July 27th 2010 - 23:51 UTC

  Fitch upgrades Uruguay’s debt to BB, just below investment grade

  

  Citing the “increased resilience to external shocks” Fitch upgraded Uruguay to BB from BB-, two levels below investment-grade and in line with Standard & Poor's. Moody's Investors Service rates Uruguay at Ba3, three levels below investment grade. Fitch last increased the country's rating in July 2007, taking it up one level from B+.

• Tuesday, July 27th 2010 - 02:09 UTC

  Uruguay/Argentina agree water-monitoring negotiations are “not blocked”

  

  Discussions for the joint monitoring of the River Uruguay with Argentina are “not blocked” and “we have a very strong commitment with the on-going negotiations” said Uruguayan Foreign Affairs minister Luis Almagro following Monday morning’s ministerial cabinet meeting headed by President Jose Mujica.

• Saturday, July 24th 2010 - 05:24 UTC

  Uruguay/Argentina ‘scientific monitoring’ inside pulp mill remains unsolved

  

  Uruguay and Argentina continued on Friday working to reach an agreement for the joint monitoring of the Uruguay River, with the goal of overcoming the long-standing conflict over the Botnia/UPM pulp mill.