Mexico made a first shipment of sterile parasitic flies to Uruguay to help combat the cattle screw worm or Cochliomyia hominivorax, an insect whose larvae or maggots eat living tissue, and which has gradually spread from Brazil to the southern pastures of South America.
Uruguay's trade deficit trebled during the first eleven months of 2008 compared to the same period in 2007, although November registered a slight ease in the imports' strong annual impetus, according to the latest release from the Central Bank.
Uruguay mutton and lamb exports totaled 19.647 tons in the first ten months of 2008, mainly to Mercosur, European Union and the Middle East, according to reports from the country's National Meat Institute.
Uruguayan meat export revenue in the first half of January totalled 17 million US dollars, down 33% from the same period a year ago, according to the latest report from the country's Meat Board, INAC.
Two of the world's most impressive cruise vessels will be calling in Montevideo this week with over 7.000 visitors and 2.400 crew members. They are Mariner of the Seas, which is scheduled to spend next Thursday in Uruguay's capital, and on Sunday, Queen Mary 2 on a 114 day global tour.
Anglo-Australian mining giant Rio Tinto has decided to halt a project planned for western Uruguay for at least one year due to the global financial crisis, the Uruguayan government admitted this week.
Six companies to date have purchased data packages for Uruguay's first offshore Exploration and Production round, mining and energy minister Daniel Martínez said after making a presentation at an energy conference in Santiago de Chile.
Uruguay declared on Monday an agriculture emergency and announced measures to help farmers address the very serious rain deficit which is threatening crops, livestock and the provision of fresh produce. The package includes importing fodder and cow feed for dairy farms as well as postponing tax and social security payments, and energy bills.
Uruguay's Central bank this week raised its reference interest rate by 2.25 percentage points to 10% in an attempt to contain inflation which last year closed at 9.19%, above government target and the highest since 2003.
Following weeks of farmers' demands for emergency support, Uruguay's Ministry of Agriculture, Livestock and Fisheries finally admitted the seriousness of the drought for the farming industry and the country's main source of exports.