Uruguay

• 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.

• 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.