Uruguayans beef consumption per capita in 2009 is expected to reach 58 kilos and 86 kilos of all types of meat according to the latest estimates from the National Meat Institute (INAC).
Uruguay sold 500 million US dollars of bonds maturing in 2025 in its first international debt issue in three years. The 16-year bonds are to yield 340.3 basis points above US Treasuries.
Uruguay’s main agriculture show ended Sunday with a record number of visitors and harsh criticisms for the government: Farmers complained bitterly about the ballooning fiscal expenditure, taxes and demanded a broadening of horizons beyond Mercosur.
Uruguay denied on Monday Argentina's claims at the International Court of The Hague that a pulp mill on a river separating the two countries is polluting the air and water, saying it meets environmental protection standards.
Uruguay’s ruling coalition presidential candidate was strongly criticized by President Tabare Vazquez who described many of this comments out of place, and others simply “stupidities”.
Uruguayan president Tabare Vazquez called for an integrated Mercosur with a greater number of countries to make it more competitive overseas, but also demanded greater balance inside the group among members.
“The Kirchners are lefties, but what a left, mamma mia, what a gang!” and Argentina is a country “of hysteric, mad, paranoiac reactions”. The comments belong to Uruguay’s ruling coalition presidential candidate, Jose Mujica and whom opinion polls show him comfortably ahead for next October’s election.
Farm land sales in Uruguay during the first half of 2009 dropped, but the average price for the hectare actually increased 25% compared to the same period a year ago, according to the latest release from the Ministry of Agriculture Statistics Office (DIEA).
Uruguay and the United States expressed concern Tuesday that recent weapons purchases could lead to an arms race in South America. In a joint appearance, Uruguayan President Tabare Vazquez and Secretary of State Hillary Rodham Clinton also pledged co-operation on trade, scientific research and other fields.
United States Senator Richard Lugar, the ranking Republican on the Foreign Relations Committee, introduced a bill Tuesday to extend US trade benefits to Uruguay. The move he says would increase pressure on Brazil to deepen commercial ties.