Uruguay

Wednesday, October 1st 2008 - 21:00 UTC
Uruguay's 12 month fiscal deficit to August: 0.4% of GDP

Uruguay's consolidated fiscal deficit in the twelve months to August was 0.8% of GDP, which means it has remained relatively stable (July 0.9%), according to official data from the Ministry of Economy.
Wednesday, October 1st 2008 - 21:00 UTC
Uruguay's total debt equivalent to 68% of GDP

Uruguay's overall debt at the close of the second quarter was 18.2 billion US dollars, having increased 779 million US dollars over the first quarter, thus totalling the equivalent to 68% of GDP. At the end of March the debt/GDP ratio was 70%.
Sunday, September 28th 2008 - 21:00 UTC
Uruguay's trade deficit in 7 months reaches 1.2 b USD

Uruguay reported a trade surplus of 68.3 million US dollars after having accumulated 1.2 billion US dollars deficit in the first seven months of 2008, according to the country's Central Bank.
Friday, September 26th 2008 - 21:00 UTC
Argentina/Uruguay agree it's time to lift 3 year blockade

Argentine ambassador in Uruguay denied on Friday the existence of contradicting statements between the two neighboring countries regarding the end to pickets blocking bridges linking both countries which have interrupted trade and everyday traffic.
Thursday, September 25th 2008 - 21:00 UTC
Live cattle prices in Uruguay sliding after peaking in August

Live cattle prices in Uruguay after reaching a historic peak in mid August have begun to drop significantly following the meat industry's decision to soften activity and a drop in demand from Russia and to a certain extent the European Union.
Wednesday, September 24th 2008 - 21:00 UTC
Uruguay's former guerrilla leader, the king maker

Uruguay's most voted and popular leader, former guerrilla and currently Senator Jose Mujica admitted he would be a presidential candidate if he counts with the support from other groups of the ruling coalition.
Monday, September 22nd 2008 - 21:00 UTC
US Cancer Institute interested in research program in Uruguay

An initiative from the United States National Cancer Institute to establish an extensive cancer research program in Uruguay was the foremost of several expanded scientific cooperation initiatives considered by US and Uruguayan officials meeting in New York.
Thursday, September 18th 2008 - 21:00 UTC
Vazquez presents his presidential candidate to business leaders

Uruguayan president Tabare Vazquez launched this week before the international business community the presidential candidacy of his outgoing Economy minister during the opening of a trade and investment forum sponsored among others by The Economist Intelligence Unit.
Thursday, September 18th 2008 - 21:00 UTC
The Economist IU praises “impressive” Uruguayan economy

The Economist Intelligence Unit praised in Montevideo the achievements of the Uruguayan economy as “really impressive” but also cautioned that good times don't last for ever.
Tuesday, September 16th 2008 - 21:00 UTC
Citibank report warns Uruguay about higher inflation risks

Uruguay's fiscal deficit will be double the government's targets for 2008 and 2009 “increasing risks” for the coming year (which happens to be an electoral year). Clearly “expansive” monetary and fiscal policies together with mounting pressure for higher salaries and an “overheated economy” will sustain “strong” inflationary pressures this year and in 2009.