Uruguay

• Wednesday, September 9th 2009 - 02:56 UTC

  S&P confirms Uruguay’s positive outlook; anticipates “smooth transition”

  

  Standard & Poor's Ratings Services said this week it expects a “smooth transition” regardless of who wins October's presidential election in Uruguay given the country’s track record of prudent economics policies. S&P also confirmed BB- sovereign credit ratings for Uruguay with the outlook “remaining stable”.

• Wednesday, September 9th 2009 - 02:51 UTC

  Re-enactment of Darwin’s expedition arrives in Montevideo late October

  

  A re-enactment of Charles Darwin global scientific expedition in the eighteen hundreds was launched on September first from Plymouth, England and should be calling in Montevideo, Uruguay at the end of October.

• Wednesday, September 9th 2009 - 00:29 UTC

  Uruguayan ruling coalition ahead by one point, say latest opinion polls

  

  The Uruguayan ruling coalition has a vote intention of 45%, one point ahead of the opposition for the coming October 25th presidential election, according to the latest public opinion poll released Monday evening.

• Monday, September 7th 2009 - 14:58 UTC

  Argentine pulp mill protestors promise to “fight on” whatever The Hague ruling

  

  With only a week left for the beginning of the hearings in the International Court of Justice in The Hague on the pulp mills dispute between Uruguay and Argentina, pickets that have been blocking bridges between the two neighbouring countries promised to keep on the struggle.

• Friday, September 4th 2009 - 09:37 UTC

  Ring of scandals leaves Uruguay’s telecoms company acephalous

  

  Uruguay’s government telecommunications company Antel was left headless following several scandals that forced the resignation of the president and vice-president of the board.

• Friday, September 4th 2009 - 09:09 UTC

  In spite of August surge, Uruguay expects 2009 inflation to be below 7%

  

  Uruguay’s retail inflation jumped an unexpected 1.23% in August, the highest in the last 14 months, totalling 5.11% in eight months and 7.28% in the last twelve months. If the tendency is confirmed during the last four months of 2009, the consumer prices index would be above the Central Bank’s upper target of 7%.

• Thursday, September 3rd 2009 - 13:23 UTC

  Uruguay’s economic policy and Mercosur links set to change predicts Moody’s

  

  The risk-rating agency Moody’s Economy anticipates that whoever wins in Uruguay’s October presidential election, the only certainty is that “there will be changes in economic policy” and in regional inter-action, including a review of Mercosur relations.

• Tuesday, September 1st 2009 - 12:59 UTC

  Uruguay confirms submission to extend continental shelf to 350 miles

  

  Uruguay submitted a summary of the official request to extend the limits of its continental shelf from 200 to 350 miles, --in accordance with the United Nations Convention on the Law of the Sea--, to the Commission on the Limits of the Continental Shelf, CLCS, which is holding its 24th session in New York.

• Tuesday, September 1st 2009 - 12:51 UTC

  Uruguayan navy arrests Argentine poachers few miles from Montevideo

  

  Two Argentine vessels illegally fishing in Uruguayan waters were arrested over the weekend by a fisheries patrol from the Navy. The vessels had 90 tons of yellow croaker in their holds.

• Tuesday, September 1st 2009 - 12:42 UTC

  Surprise move: President Vazquez most trusted advisor Defence minister

  

  With only two months left for Uruguay’s October general election President Tabare Vazquez, as had been anticipated, reshuffled his cabinet which included a major surprise: his main advisor and most trusted man was moved from Foreign Affairs to the ministry of Defence.