Uruguay

• 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.

• Monday, May 12th 2008 - 21:00 UTC

  Majority of Antarctica operators stop off in the Falklands

  

  THE annual International Association of Antarctica Tour Operators (IAATO) conference was held in Punta Del Este, Uruguay this year.

• Monday, May 12th 2008 - 21:00 UTC

  Uruguay divided over “invasion” of Argentine farmers

  The Kirchners' administrations policy of heavily taxing Argentine farmers is having a very positive effect for neighboring Uruguay where a growing number of the most efficient farmers are now established, but some locals are not so convinced.

• Tuesday, May 6th 2008 - 21:00 UTC

  Uruguay heading for a record export year: 6 billion US dollars

  

  Uruguay's exports increased 59.6% last April compared to the same month a year ago, with the whole expansion for the first four months reaching 44%, according to the latest statistics released by the government funded institution Uruguay XXI.

• 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.