Uruguay

• Wednesday, December 30th 2009 - 15:49 UTC

  Uruguay’s outgoing and incoming administrations agree on transition process

  

  The Uruguayan government begun Tuesday the formal transition process during a ceremony attended by President Tabare Vazquez, president elect Jose Mujica and most of the cabinet of the administration that will be officially inaugurated next March first.

• Wednesday, December 30th 2009 - 15:46 UTC

  The day a young rookie doctor saved the life of super star Maradona

  

  The Uruguayan doctor who ten years ago played a crucial role in saving the life of Argentine football star Diego Maradona, collapsed under the effects of an overdose of cocaine, revealed details of the emergency evacuation of that day, a day he will never forget.

• Tuesday, December 29th 2009 - 07:26 UTC

  Uruguayan organic beef at Shanghai’s world expo next year

  

  Uruguayan organic beef directly from the country’s natural pastures will be available at a restaurant catered by Uruguayans at the Shanghai World Expo next year.

• Monday, December 28th 2009 - 12:49 UTC

  Spanish bank forecasts strong recovery of Uruguayan economy in 2010

  

  Spanish bank BBVA anticipates a strong recovery of the Uruguayan economy next year with one of the highest growth rates in the region and discards “any turbulences or surprises with the new government, it’s going to be continuation of current policies”.

• Monday, December 28th 2009 - 12:21 UTC

  Uruguay releases stamp issue on 70th anniversary of Battle of the River Plate

  

  Uruguay released a stamp issue to commemorate the 70th anniversary of the Battle of the River Plate --December 13th 1939--, which ended with the scuttling of the German pocket battleship Admiral Graf Spee.

• Saturday, December 26th 2009 - 13:27 UTC

  Low cost, no frills ceremony planned for Mujica’s March inauguration

  

  Uruguayan president elect Jose Mujica anticipated that the inauguration ceremony next March first will be in the open, paid by “friends” with no military parade, but with numerous music and dance groups playing to make it a real popular celebration, according to several reports in the Montevideo press.

• Friday, December 25th 2009 - 16:40 UTC

  US Senate confirms ambassadors: Shannon to Brazil and Nelson to Uruguay

  

  United States Senate confirmed Thomas Shannon as the newly appointed US Ambassador to Brazil, after a long delay due to the veto of Republican national deputies, who have showed discontent towards US President Barack Obama's policies as regards Latin America.

• Friday, December 25th 2009 - 16:27 UTC

  Uruguay expects record harvest of wheat; soybean becomes the main crop

  

  Uruguay’s is expecting a record wheat crop for the second year running in 2009 while the barley harvest is forecasted as the largest in the last ten years according to the Statistics Office from the Ministry of Agriculture, Livestock and Fisheries.

• Wednesday, December 23rd 2009 - 15:44 UTC

  Uruguay cuts basic rate and eases credit to sustain US dollar

  

  Uruguay surprised markets with a 175 basic point rate cut to 6.25% from 8.00% amid expectations of lower inflation. The central bank also decided to reduce the inflation target fluctuation for the next 18 months from 3 to 7%, to 4% and 6%.

• Tuesday, December 22nd 2009 - 16:26 UTC

  US limits airline tarmac delays; companies must provide for waiting passengers

  

  The United States Transportation Secretary Ray LaHood announced Monday a new rule that significantly strengthens protections afforded to consumers by, among other things, establishing a hard time limit (three hours) after which US airlines must allow passengers to deplane from domestic flights.