Uruguay

• Tuesday, May 6th 2008 - 21:00 UTC

  Uruguay rice industry wants to double production

  Uruguay, South America's leading exporter of rice and among the world's top eight, traditionally has been forced to sell overseas 95% of its high quality grain given the country's scarce population and low consumption.

• Tuesday, May 6th 2008 - 21:00 UTC

  Uruguay's April inflation of 0.33% surprises experts

  Uruguay's consumer price index, CPI, increased 0.33% in April the best performance so far in 2008 and the lowest since April 1962. This means that CPI in the first four months of the year reached 3.2%, (annualized 9.92%) and below the same period in 2007 (4.98%), according to the latest release from the national Statistics Institute.

• Tuesday, May 6th 2008 - 21:00 UTC

  Anti-inflation plan cost Uruguay 0.8% of GDP in 7 months

  Public utilities rates subsidies which have been applied since September 2007 to help contain inflation have cost the Uruguayan treasury 185 million US dollars, equivalent to 0.8% of the country's GDP. Prices are estimated to have moderated 1.5% on an annual basis.

• Monday, May 5th 2008 - 21:00 UTC

  EC delegation checks Uruguay's fisheries plants and vessels

  A European Union sanitary mission is scheduled to begin this week the auditing of Uruguay's fishing industry, --processing plants and vessels--, announced Monday Daniel Montiel, head of the country's Aquatic Resources Department, DINARA.

• Wednesday, April 30th 2008 - 21:00 UTC

  US and Uruguay sign technology cooperation accord

  

  United States and Uruguay signed on Tuesday a bilateral agreement to promote and increase cooperation in Science and Technology. The agreement was signed by Secretary of State Condoleezza Rice and Uruguay's Foreign Affairs minister Gonzalo Fernandez during a ceremony at the State Department.

• Wednesday, April 30th 2008 - 21:00 UTC

  Uruguay anticipates commodities export boom to continue

  

  Uruguay's Economy minister Danilo Astori said there's no indication forecasting “the fall of Uruguayan exports international prices” in the framework of the current global surge of commodity prices.

• Saturday, April 26th 2008 - 21:00 UTC

  Uruguay acts to contain US dollar fall in local market

  

  Uruguay announced a package of measures to contain the effects of a collapsing US dollar in the local money market and to combat inflation. The local currency, Uruguayan peso, has appreciated almost 7% against the US dollar in the first four months of 2008 and has dropped to June 2002 levels which has caused concern among the country's exporters.

• Wednesday, April 23rd 2008 - 21:00 UTC

  Illex season to begin in Argentina/Uruguay common fishing zone

  The Joint Technical Commission for the Argentine-Uruguay Maritime Front (CTMFM) agreed to open the squid (Illex argentinus) fishery in the bilateral Common Fishing Zone. The resolution was published in Argentina's Official Bulletin of 22 April, and is set to come into force once it is published in Uruguay's Official Bulletin

• Monday, April 14th 2008 - 21:00 UTC

  Uruguay sets new Guinness record with a 12 ton barbecue

  

  Over a thousand grill chefs helped Uruguay establish a new Guinness record when on Sunday they prepared the biggest barbecue in the world, 12 tons of prime beef and thus beating the previous 8 ton record from Mexico.

• Monday, April 7th 2008 - 21:00 UTC

  Uruguay expects record rice harvest and yield

  

  Uruguay rice harvest is expected to reach a record yield of 8.000 kilos per hectare, among the highest in the world announced Sunday Tabare Aguirre, president of the country's Rice Growers Association.