Uruguay

Sunday, June 22nd 2008 - 21:00 UTC
US dollar drops to July 2002 level in Uruguay markets

For the sixth week running the US dollar has depreciated againts the Uruguayan peso in the local Money market accumulation a loss of 9.98%. In the 26 weeks of 2008, the Uruguayan peso has increased during 19.
Monday, June 16th 2008 - 21:00 UTC
Land concentration and soy “pools” boom debate in Uruguay

The debate on land concentration and the so called (financial) soybean pools, which is currently one of the main issues behind the Argentine farmers' conflict, has reached Uruguay where apparently the oil seed boom is rapidly displacing dairy farms.
Monday, June 16th 2008 - 21:00 UTC
Uruguayan president visiting Panama, Cuba and Mexico

Uruguay and Panama signed on Monday several cooperation agreements during the official visit of Uruguayan President Tabare Vazquez to the Central American country, the first leg of a tour that will also take him to Cuba and Mexico.
Friday, June 13th 2008 - 21:00 UTC
NZ company further expands in Uruguayan farming

New Zealand rural services company PGG Wrightson continues to expand in South America. The NZX-listed company announced the purchase of a 51% stake in Romualdo Rodriguez , a Uruguay-based livestock, wool and rural real estate business.
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.