Uruguay

• Tuesday, July 7th 2009 - 10:13 UTC

  Uruguay’s June inflation 1.4% and 6.48% in last twelve months

  

  Uruguay’s consumer price inflation rose 1.4% in June, the highest in the last twelve months, but was the lowest 2.82% for the first half of the year since 2005, according to the latest release from the country’s Statistics Office.

• Thursday, July 2nd 2009 - 12:39 UTC

  Uruguay’s primary election results stun the ruling coalition

  

  Uruguay’s main opposition party performed much better than anticipated according to official results of last Sunday’s primary elections for the nomination of presidential candidates for October’s elections.

• Thursday, July 2nd 2009 - 12:35 UTC

  YPF/Petrobras/GALP to explore for oil in Uruguayan waters

  

  A consortium made up of YPF/Repsol, Petrobras Uruguay and GALP from Portugal has won a bid to explore for oil in two offshore blocks near the coast of Uruguay, according to industry reports late Wednesday.

• Wednesday, July 1st 2009 - 13:07 UTC

  Leading Senator calls for US trade benefits to Uruguay, “bypassing” Mercosur

  

  United States Senator Richard Lugar, the ranking Republican on the Foreign Relations Committee is urging the US to extend trade benefits to Uruguay, bypassing Mercosur, a move he says would also increase pressure on Brazil to deepen commercial ties.

• Tuesday, June 30th 2009 - 15:03 UTC

  Uruguay reports first death of A/H1N1 virus influenza

  

  Uruguay confirmed the first death of the A/H1N1 virus influenza and two more hospitalized cases, which have been described as in “critical situation”. The victim is a 60 year old woman who died in a government managed hospital on Monday

• Tuesday, June 30th 2009 - 06:37 UTC

  Mercosur will address inter-group trade restrictions in Paraguay

  

  Mercosur Foreign Affairs and Economy ministers will be meeting Tuesday in Asuncion, Paraguay in the framework of the Common Market Group to discuss trade barriers and try to unwind several issues.

• Monday, June 29th 2009 - 11:34 UTC

  Uruguayan opposition seals presidential ticket in surprising vote turnout

  

  Jose Mujica from the ruling coalition, Luis Alberto Lacalle and Pedro Bordaberry from the opposition are the three candidates that will be disputing Uruguay’s presidency next October following their comfortable victories on Sunday’s political parties’ primaries. The “picture” resulting from June 28th results also helped to visualize what could happen in October and if a November run-off will be needed.

• Friday, June 26th 2009 - 12:59 UTC

  Astori’s team looks for support (and funds) from Argentine businessmen

  

  Leaders from the grouping which supports Uruguayan presidential hopeful Danilo Astori cautioned in Buenos Aires that if Senator Jose Mujica is nominated candidate next Sunday, the ruling coalition’s re-election chances could be impaired.

• Friday, June 26th 2009 - 04:47 UTC

  Three pollsters have virtually confirmed the winners of next Sunday’s primary presidential elections

  

  Three pollsters have virtually confirmed the winners of next Sunday’s primary presidential elections in Uruguay. The ruling coalition’s presidential hopeful Jose Mujica and Pedro Bordaberry from the small Partido Colorado have ample margins over their runner ups and can be anticipated to win by a landslide.

• Friday, June 26th 2009 - 03:28 UTC

  Fearful Argentines taking their dollar savings to Uruguay for shelter

  

  Safe deposit boxes in Uruguay are overflowing with US dollars from fearful Argentines concerned about the situation in their country and the results of Sunday’s mid term elections, according to banking sources in Montevideo.