Uruguay

• Friday, April 4th 2008 - 21:00 UTC

  Uruguay considering food price subsidies to contain inflation

  Uruguay's March consumer price index CPI jumped 1.14%, the highest since last August and fourth running in the past six months, according to the latest release from the Statistics Office. Government officials expressed concern but cautioned that “consumer inflation has become a challenge all over the world”.

• Tuesday, April 1st 2008 - 21:00 UTC

  Uruguay 2007 goods & services exports reach U$S 6.8 billion

  

  Uruguay's exports of goods and services reached a record 6.825 billion US dollars in 2007, up 18% over 2006 according to data released by the Central Bank and published in the Montevideo media.

• Sunday, March 30th 2008 - 21:00 UTC

  First time Uruguay's coalition looses lead to opposition

  

  The latest public opinion poll to be released in Uruguay shows that if national elections were to be held this Sunday, the sum of votes from opposition parties would be just enough to defeat the Socialist oriented ruling coalition.

• Friday, March 28th 2008 - 21:00 UTC

  Uruguay: Inflation becomes “permanent challenge”

  

  Uruguayan Ministry of Economy admitted that inflation has become a “permanent challenge” demanding an “ongoing monitoring” of prices. Remarks follow the latest readjustment of fuel (2.4%) and bakery (14%) prices which have been influenced by the soaring values of oil and wheat.

• Thursday, March 27th 2008 - 21:00 UTC

  Uruguay's flag air carrier presents Bombardier CRJ900

  

  Uruguay's flag air carrier PLUNA officially presented this week the first of fifteen Canadian manufactured Bombardier CRJ900 models with which the now partly privatized company intends to renew its fleet and regional business opportunities.

• Wednesday, March 26th 2008 - 21:00 UTC

  ICG Software opens own headquarters in Uruguay

  

  Responding to the need to increment our international expansion, the ICG Software group will open an own office in the Oriental Republic of Uruguay, in order to foster the strong growth of business in the Southern Cone.

• Tuesday, March 25th 2008 - 21:00 UTC

  US financial officials “forgot to preach with the example”

  

  Unites States banking authorities and regulators who during the nineties recommended Latinamerica to closely monitor its financial system “apparently forgot to look at home and this has led to the current financial crisis”, said Uruguayan economist Enrique Iglesias

• Thursday, March 20th 2008 - 21:00 UTC

  Uruguay hopes to begin offshore oil exploration next year

  

  Uruguay will open its continental platform for oil exploration in 2009 following on encouraging seismic surveys of the area, said this week incoming Minister of Industry and Energy Daniel Martinez.

• Monday, March 3rd 2008 - 21:00 UTC

  Uruguayan ruling coalition prepares for electoral 2009

  

  Uruguayan president Tabare Vazquez on the third anniversary of his administration completed the reshuffling of the cabinet in preparation for the 2009 electoral year.

• Monday, February 25th 2008 - 21:00 UTC

  “Uruguay oil round” scheduled for next November

  Next November Uruguay will extend a formal invitation to all those oil companies interested in considering the hydrocarbons potential of the country, based on a battery of data collected during the last few years, according to top officials from the country's government owned petroleum and fuels monopoly Ancap.