Uruguay

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.
Saturday, May 17th 2008 - 21:00 UTC
Labor strife leaves 60 Uruguayan fishing vessels idle

Most of the Uruguayan fishing fleet has been docked since last April 29 because of labor disputes leaving an estimated 3.000 workers from processing plants and other branches of the industry out of work according to the vessel owners.
Saturday, May 17th 2008 - 21:00 UTC
Uruguay sets oil exploration licensing round timetable

Uruguay has approved the legal framework and timetable for a round of hydrocarbons exploration licensing, offshore, which will have a first presentation next December. The round is based on the encouraging results of seismic surveying and the interest shown by several global oil corporations, according to the Uruguayan government.
Thursday, May 15th 2008 - 21:00 UTC
Uruguay downplays possible impact of Argentine situation

Uruguayan financial authorities minimized the possible economic impacts on Uruguay of the current uncertainty scenario in Argentina because of the ongoing conflict with farmers and which has temporarily suspended the neighboring country's cereal and oil seeds exports.
Thursday, May 15th 2008 - 21:00 UTC
Uruguayan exporters' gruel government's economic policies

Uruguay's economic team defended the current government's policies and denied any loss of competitiveness, increased government expenditure or inflation out of control. However the Uruguayan business community was not entirely convinced with the arguments and complained about the inefficiency and high costs of energy and fuel provided by government monopolies.
Thursday, May 15th 2008 - 21:00 UTC
Uruguayan made Chinese cars export to Argentina

In thirty days time Chery-Socma Uruguay, a Chinese, Argentine Uruguayan consortium will be making its first export of Uruguayan assembled cars to Argentina. The announcement was made during a visit this week to the plant by Uruguayan president Tabare Vazquez and Hui Liangyu, China's Deputy Primer Minister.
Wednesday, May 14th 2008 - 21:00 UTC
Lack of rainfall forces energy restrictions in Uruguay

Uruguay moved on Monday into phase II of compulsory energy saving measures since lack of sufficient rainfall has seriously limited hydroelectric generation, the country's main source of energy. However the announced restrictions have resurfaced fears about street crime and the manufacturing industry believes the country is on the edge of an emergency situation.
Tuesday, May 13th 2008 - 21:00 UTC
Officials optimistic following EC inspection mission

Uruguay last week successfully passed inspections undertaken by the Food and Veterinary Office Follow-up Mission of the European Commission's (EC) DG SANCO agency, governmental sources announced.