The Canadian company B2Gold announced “impressive gold values” from a systematic mechanical trenching program in the south of Uruguay where in association with a local company (Weeping Apple S.A.) it has an option to survey ten claims totalling 34.200 hectares.
A majority of Uruguay’s capital Montevideo residents (71%) feel the city is not safe and fear “mugging in the streets” and “young people consuming ‘pasta base’” (a cheap by-product of cocaine). They are also unsatisfied with the city’s transport system.
It’s budget time in Uruguay and the government has presented to Congress its revenue and expenditure estimates (821 articles) based on a five-year forecast for the economy, which private analyst consider too rosy.
Uruguayan exports in the first eight months of 2010 reached 4.475 billion US dollars which is 22% higher than the same period of last year, according to official data released this week.
Argentina and Uruguay signed Monday in Montevideo the agreement which puts an end to an ongoing years-long litigation over the construction of a pulp mill along a shared river.
Uruguayan government employees’ take-home pay on average more than doubles their counterparts in the private sector according to official figures from the country’s Social Security Office and published by Montevideo’s main daily El País.
Fears that Uruguay could be heading for a “real estate bubble” since prices in US dollars have increased more than 70% in the last five years, seem to have been neutralized by historic data and the strong appreciation of the Uruguayan currency.
Uruguay pledged efforts to seek a stronger relationship with Beijing since “China is an essential factor in the international development of Uruguay”, said Vice-President Danilo Astori following an hour long meeting in Beijing with his counterpart Wu Bangguo, president of the National Assembly.
Argentine Foreign Affairs Minister Héctor Timerman will meet Monday in Montevideo with his Uruguayan counterpart, Luis Almagro, to advance with the implementation of the scientific committee that will monitor the UPM (ex Botnia) pulp mill and the River Uruguay.
The United States Centre for Hemispheric Defence Studies (CHDS) has selected U.S. Army Gen. John Galvin and former Uruguayan Defence Minister Dr. José Bayardi in the individual category and the Mexican Centre for Superior Naval Studies (CESNAV) in the institutional category for the 2010 William J. Perry Award for Excellence in Security and Defence Education.