Uruguay

• Wednesday, June 11th 2008 - 21:00 UTC

  Uruguayan economy expanded 10.9% in the first quarter

  

  Boosted by strong exports of agricultural commodities and domestic demand for communications services the Uruguayan economy expanded 10.9% in the first quarter of this year, compared to the same period a year ago.

• Wednesday, June 11th 2008 - 21:00 UTC

  Warning that Uruguay is running out of “fiscal margin”

  In spite of the good performance of the Uruguayan economy academics and former ministers have warned that given the expansion of public spending and subsidies to alleviate energy prices, the government is running out of “fiscal margin” in the event of a contingency.

• Monday, June 9th 2008 - 21:00 UTC

  Dead penguins and oil covered found on Uruguayan beaches

  Dozens of dead penguins and others alive but with traces of oil appeared over the weekend along the east of Uruguay according to a marine life conservation non government organization.

• Monday, June 9th 2008 - 21:00 UTC

  Uruguay to make oil potencial presentation in Rome

  

  Uruguay hopes to attract the interest of global oil corporations when it makes a first tentative presentation of recent seismic survey data from its continental shelf next Thursday at the European Association of Geoscientists and Engineers meeting in Rome.

• Sunday, June 8th 2008 - 21:00 UTC

  Uruguay's exports closing on 10 billion US dollars in 08

  Exports from one of Mercosur's junior members Uruguay could reach ten billion US dollars this year, a considerable hike from the 6.8 billion of 2007 and the original official estimate of “above 9 billion US dollars”, according to sources from the Ministry of Economy.

• Wednesday, June 4th 2008 - 21:00 UTC

  River Plate vessels collision leaves 20 kilometers fuel trail

  Merchant ships from Greece and Malta collided off the coast of Uruguay, dumping fuel oil from one of the vessels, Uruguay's Navy said on Wednesday in a statement. However no one was hurt in the accident which occurred late Tuesday night.

• Tuesday, June 3rd 2008 - 21:00 UTC

  May inflation in Uruguay up 0.87% and 4.10% in 2008

  Consumer prices in Uruguay during May increased 0.87%, accumulating 4.10% in the first five months of 2008, according to the country's Statistics Institute (INE), latest release. The index is higher than the average forecasted by 28 Central Bank consultants that anticipated 0.7%.

• Wednesday, May 28th 2008 - 21:00 UTC

  EU reopens market for Uruguayan fish and sea produce

  

  Uruguayan companies can resume fish and sea produce exports to the European Union following on a positive report from the European Commission (EC) coordinated by the local Aquatic Resources Directorate, DINARA.

• Tuesday, May 27th 2008 - 21:00 UTC

  Uruguay's oil bill jumps 32% to 1.8 billion US$ in 2008

  Uruguay's annual oil bill is set to jump 32% to 1.8 billion US dollars if the barrel of crude remains on average at 130 US dollars admitted Uruguayan private sector consultants who anticipated a far “worst impact scenario” if energy prices keep spiraling.

• Tuesday, May 20th 2008 - 21:00 UTC

  Uruguay leads region's Economic Climate Index

  The economic climate in Latinamerica dropped in April to its lowest level since 2003 according to the latest edition of the joint index from the Brazilian Getulio Vargas Foundation, FGV, and the IFO Institute from Munich, Germany.