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Fears that Uruguay could be heading for a “real estate bubble”
Sales of real estate in Uruguay’s internationally renowned resort Punta del Este and its area of influence reached almost 1.5 billion US dollars between January first 2009 and the first half of 2010, according to the Tourist Office from the County of Maldonado.
Agricultural Bank of China raised a record 22.1 billion USD in its initial public offering (IPO) in July despite a lukewarm response when the shares first went on sale.
A trade agreement with Egypt and the approval of a much-delayed customs code are two of the highlights of the Mercosur leaders Tuesday meeting in Argentina for one of the two annual summits.
Mail on Sunday reports Prince William is battling to go to the Falkland Islands next year as an RAF search-and-rescue helicopter pilot.
The US government posted a smaller budget deficit in May than forecast as a growing economy helped bring in more tax revenue, Treasury Department statistics showed.
The International Monetary Fund has raised fresh concerns about Spain's economy, saying “far-reaching” reforms are needed to ensure its recovery.
Uruguay has turned into one of the most optimistic country of the region according to the 2009 Governance Barometer which assesses perceptions and prospects of the population in 21 countries of Latinamerica and the Ibero-America (Spain and Portugal).
France’s main farmers’ organization, FNSEA, called Wednesday on President Nicolas Sarkozy to pressure upon the European Community to impede the re-launching of negotiations for a free trade agreement with Mercosur.
Uruguay should have informed Argentina about its plans to build two paper mills on the banks of a river they share, the UN's top court has ruled.
Cougar Metals NL announced it has entered into a memorandum of understanding with Indian owned UK based Zamin Ferrous Resources to provide 75,000 metres of surface drilling at the resource company’s magnetite project in Uruguay.
Sweden tops the rankings of The Global Information Technology Report 2009-2010, released this week for the ninth consecutive year by the World Economic Forum.
Bolivia will gain access to Atlantic ports in Uruguay in exchange for a pledge of natural gas exports to Montevideo in an agreement signed in La Paz by presidents Evo Morales and José Mujica.
The new Uruguayan air terminal in Carrasco, inaugurated last November, has been included among fifteen of “the most beautiful airports in the world” according to the January edition of travel magazine “Travel+Leisure”.
For decades, the cattle-raising family of Gabriel Pintos looked across the Río de la Plata with respect and envy at Argentina’s legendary tradition for producing beef.
When there is only one month left for the national elections, far from having uncertainties investors from Argentina, Brazil and the Basque Provinces are looking at Uruguay in order to invest their money.
The land sale operations with agricultural purposes have registered a 25% increase during the first semester of 2009.
Hailed as the “Switzerland of the Americas”, the once undiscovered Uruguay is now a popular tourist destination.
Mexico president Felipe Calderón and Uruguay’s Tabare Vazquez signed on Friday in Montevideo a Strategic Association accord
The cost of farmland in Uruguay has dropped between 20% and 30% in the first half of 2009 and the number of operations has fallen drastically, 70% according to local camp brokers.
Uruguay’s consumer price inflation rose 1.4% in June, the highest in the last twelve months,
Why Uruguay? U.S.-based entrepreneur Steve Bowman and his wife, Chris, looked in Panama and researched other tropical locales before they bought property in Piriapolis, Uruguay’s old resort town, 18 months ago. Their reasons for choosing Uruguay included the country’s stability and relatively unspoiled coastline, as well as the friendly people.
Tourists from the United States are discovering Uruguay and with good reason:
Tourists arriving in Uruguay during January spent 40% more than a year ago...
Money flows eastwards.
“Club” of foreigners in Mataojo
The project has garnered the 2007 Real Estate Excellence Award from the Federación Internacional de Profesiones Inmobiliarias-Uruguay (FIABCI-Uruguay)
“Splendour of the Seas”, “Costa Mediterranea”, “Symphony” and “Costa Romántica” coincided at the ample bay of Maldonado.
Leading oil companies from Brazil, Spain, Russia, UK and United States...
“Norwegian Sun” and “Radiance of the Seas” will be making the official opening the Uruguayan cruise season..
Argentinians continue looking at Uruguay.
WHEN the socialites are in town, don’t bother trying to park anywhere near Brava Beach in José Ignacio.
Lower prices for food and beverage were not enough to impede Uruguay’s October consumer price index ..
In spite of a record year in export value, Uruguay’s overseas sales..
The Uruguayan government admitted it expects growth to slow down ..
MONTEVIDEO, Uruguay: Uruguay's president says a Portuguese paper company will spend more than US$4 billion to build a pulp plant and port in Uruguay.
Gonzalo Fernandez, Uruguay Minister of Foreign Affairs, presides over the NASDAQ Opening Bell. Joining Minister Gonzalo Fernandez is NASDAQ OMX President Magnus Bocker.
During the 103rd Agroindustrial Exhibition, the president of the Rural Association of Uruguay differentiated the present situation in Uruguay from the one in other countries of the region.
MONTEVIDEO, Uruguay--(BUSINESS WIRE)--August 22, 2008Uruguay Mineral Exploration Inc today announced that it has hedged 45,000 ounces of the 63,000 ounces of production anticipated for the nine-month period ending May 31, 2009.
The value of Uruguayan beef exports climbed by more than half last month as rising prices more than made up for a drop in shipments.
July 24 (Bloomberg) -- Uruguayan farmer Alberto Gramont interrupts a family lunch to answer the telephone. The call, he says as he returns to his plate of beef, was from a Brazilian meatpacker offering to buy his land.
June 24 (Bloomberg) -- Uruguay's government said a deposit of natural gas and possibly oil has been discovered off of the country's coast.
While Zurich is considered the best city in the world to live in, Montevideo in Uruguay leads in Latinamerica followed by Buenos Aires and Santiago de Chile according to the Mercer Human Resource Consulting Quality of Living ranking of 215 cities taking New York as reference, with 100 points.
Feeling at Home Among the Elite in Uruguay’s Punta del Este
Punta del Este’s population grows to about 200,000 during the summer months (January to March).
Uruguay has traditionally been better off than many other countries in South America, and is known for its advanced education and social security systems and liberal laws governing social issues such as divorce.
MONTEVIDEO, Uruguay - One of South America's smallest countries proved on Sunday it can hold the biggest barbecue in the world.
Head to Uruguay, Italy, and Malaysia for real estate deals that let you live la dolce vita.
IN the last few years, a number of St. Barts's habitués - along with other members of the bold-face crowd - have begun to drift southward to Punta del Este, the South American resort town
Fears that Uruguay could be heading for a “real estate bubble”
Read moreSales of real estate in Uruguay’s internationally renowned resort Punta del Este and its area of influence reached almost 1.5 billion US dollars between January first 2009 and the first half of 2010, according to the Tourist Office from the County of Maldonado.
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