With just two weeks left for polling day, Uruguay’s electorate is under saturation bombardment from the different political parties’ spots and public opinion polls on vote intention. Next October 25th Uruguayan voters elect president, parliament and will have to decide on two referendums that are proving controversial.
President Barack Obama has announced his intent to nominate David D. Nelson to the post of United States Ambassador to Uruguay. His nomination has to be approved by Congress.
Investors from Argentina, Brazil, Spain’s Basque province and China are looking for opportunities in Uruguayan assets given the excellent political stability record of the country and proven reliability of its Judicial branch.
Uruguay’s economy is set to grow 0.6% this year and 3.5% in 2010 according to the latest estimates from the International Monetary Fund. This means Uruguay together with Peru will be the only two countries in South America that will expand in 2009. The previous IMF forecast was 1.3% and 2%.
United States wishes to improve and expand trade relations with Uruguay as well as scientific cooperation, was the message from the United States Barack Obama administration to the country’s ruling coalition presidential ticket for this month’s general election.
Uruguay officially opened this week the country’s new Carrasco international air terminal with a capacity to manage 3 million passengers annually, which makes it operational until 2030.
European Union closed an investigation into Uruguayan taxing of spirit imports after the country removed “unfair barriers” avoiding a complaint at the World Trade Organization.
Uruguay’s farmland dedicated to soy beans could establish a new expansion record this coming summer: 700.000 hectares. This included the 540.000 currently with wheat and other winter crops.
In a report released Monday, the United Nations Human development index ranks Norway as the best place in the world to live. Factors such as life expectancy, literacy, school enrolment, health system and GDP help determine these rankings.
Uruguayan president Tabare Vazquez is the political leader with the highest popular support in the country, 61%, with only five months left to the end of his five year mandate. Vazquez is also the first president elected in Uruguay with a Socialist ticket.