
Uruguay's Economy Minister Gabriel Oddone announced Monday that his country's GDP was projected to expand by 2.3% this year. While the figure is slightly lower than initial government forecasts, Oddone emphasized that it represents more than double the average growth rate seen over the past decade.

The Government of Uruguay and the multinational firm HIF Global have signed a Memorandum of Understanding (MoU) to develop a synthetic fuels project in the department (province) of Paysandú, representing a record-breaking investment of over US$5.3 billion.

Following decades of negotiations and a high-stakes “now or never” deadline set for this week, the Southern Common Market (Mercosur) bloc has officially adopted a stance of cautious optimism after the European Union (EU) failed to secure the necessary internal mandate to sign the historic Free Trade Agreement (FTA) on Saturday.

The Board of Directors of the Development Bank of Latin America and the Caribbean (CAF) has authorized a landmark US$980 million credit operation for Uruguay. This approval represents one of the largest single financial commitments in the organization's history with the country, targeting a massive overhaul of public infrastructure, climate resilience, and social integration.

Uruguay's state-owned electricity company UTE (technically the Administración Nacional de Usinas y Transmisiones Eléctricas) announced this week that importing gas from neighboring Argentina has resulted in savings of around US$3 million in the first seven days.

Uruguayan President Yamandú Orsi and several members of his cabinet received the measles vaccine at the Executive Tower on Friday, underscoring the government's push for immunization following a regional health alert and a small domestic outbreak.

Heavy rainfall triggered by an extratropical cyclone battering Southern Brazil caused widespread flooding on Tuesday, turning streets into rivers and hillsides into waterfalls across Florianópolis, São José, Palhoça, and Biguaçu.

Uruguay's state-owned electric company, UTE, has formalized an agreement with Gasoducto Cruz del Sur to supply natural gas from Argentina, thereby significantly reducing generation costs.

Uruguay's Health Ministry (MSP) launched this weekend a measles vaccination campaign after several detections were confirmed within a family that had arrived from Bolivia.

New Zealand forestry giant Claymark has received official approval for a major investment in Uruguay, committing over US$100 million to establish large-scale operations in the South American nation.