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The first Latin American trade and investment meeting will be held in Montevideo next year
It is estimated that the 222 calls represented 400.000 people between passengers and crews and although not all of them landed, it is a significant number with a positive input for the Uruguayan economy.
The Uruguayan parliament voted overwhelmingly to legalise gay marriage, becoming the second country in Latin America to do so, after Argentina. The bill was approved by more than two-thirds of the lower chamber, despite opposition from the Catholic Church.
Uruguay finally managed on Thursday to achieve investment grade debt rating from the three major agencies when Fitch raised the country’s rating to BBB-minus from BB-plus, citing economic resilience as well as the political and social stability of the country, squeezed between Brazil and Argentina.
It looks like being a good year for Union Agriculture Group. While the name may not ring too many bells internationally, the Uruguayan agricultural powerhouse is one of the country’s top landowners, with sales posed to more than triple this year.
Plans for Trump Tower, Punta del Este was announced at a press conference on November 28th, 2012. The beach-side project will be located on the Playa Brava between Avenue Roosevelt and Avenue Del Mar.
Uruguay and Canada agreed to exchange information on tax matters.
Uruguay’s central bank raised its benchmark interest rate for the second time this year as policy makers struggle to bring inflation into the government’s target range
Uruguay’s economy grew faster than economists expected in the third quarter, spurred by increased construction, transportation and communications activity.
Moody's Investors Service on Tuesday upgraded Uruguay's sovereign ratings, citing the country's strengthening economic performance and making it the second ratings agency to grant the country investment grade.
Uruguay wants developers to build as many wind farms as they can.
Uruguay expects a record cruise season beginning November with over 230 calls split between Montevideo and Punta del Este
The Club General Manager, Eduardo Vitale, talked with Uruguay Properties and told that the institution has been developing with Carrasco
The Carrasco neighbourhood in Montevideo - Uruguay a place with a unique history and family environment that convert it in a place ideal for estate developing.
The average price for a hectare of farmland in Uruguay during 2010 increased 13% and reached 2.650 US dollars. The average farmland hectare in 2009 was 2.239 USD.
Uruguay is enjoying a fairly good economic situation, and there is full employment in some sectors, like construction.
Recently was published the ranking of democracy, transparency and market conducted by the center to open Latin American Development.
This news was revealed in a study done by the consulting firm Suma, sociologist César Aguiar, one of the people responsible for the study, emphasized the bond between both countries
Citing improved debt and fiscal indicators the sovereign foreign currency credit rating for Mercosur member Uruguay was raised by Moody's by two notches.
Uruguay's exports jumped 23.3% between January-November 2010
Chile and Uruguay are among the less corrupt and most transparent countries of the region, according to the latest annual report from Transparency International officially released in Berlin.
Uruguay is the country in Latin America and the Caribbean which experienced the highest percentage increase in direct foreign investment.
Uruguay is the highest positioned Latinamerican country in the 2010 list ranking the prosperity of 110 of the world’s nations by the London analytical centre Legatum Institute and its Legatum Prosperity Index.
Uruguayan exports expanded over 20% in value during the first ten months of the year with Brazil consolidating as the country’s main trade partner, according to a report from Uruguay’s Exporters Union.
Interest in fixed assets, strong commodities’ prices and growing prospects that global demand for food producing land will continue have generated a new rush of foreign investors to buy land in Uruguay.
Next November 13 the Holland America Line “Veendam” will be calling in Montevideo with 1.400 passengers signalling the official beginning of the cruise season in Uruguay expected to extend until April 4.
Uruguay announced that it will authorize Finland’s Stora Enso so build one of the world’s largest pulp mills but also warned about “wide ranging, strict supervision” of the environment to comply with international practice and to avoid problems with neighbouring Argentina, as happened with Botnia.
A delegation of Saudi agro-business entrepreneurs headed by the Agriculture minister (and member of the royal family) visited Uruguay with the purpose of establishing a fluid trade exchange and on the long term a strategic alliance.
The IMF expects the Uruguayan economy to expand strongly this year, 8.5% and 5% in 2011 in a world framework which is experiencing the slow consolidation of recovery but still highly vulnerable.
Uruguay’s gross public sector debt contracted in the second quarter of the year after five consecutive periods of sustained increase and now stands at 21.885 billion US dollars equivalent to 59.5% of GDP.
The international football federation, FIFA, President Joseph Blatter confirmed that Uruguay has expressed interest in organizing jointly with Argentina, the 2030 World Soccer Cup, to celebrate the 100 years of the first Jules Rimet edition and Uruguay’s victory.
Uruguayan president Jose Mujica said that taking over companies by the state “is a solution that has been abandoned” and is the “perfect recipe to breed an oppressive bureaucracy”.
The numbers of tourists arriving in Uruguay during the first eight months of 2010, compared to the same period a year ago, increased 13% and revenue jumped 20.2% according to the latest figures released Thursday by the Ministry of Tourism Hector Lescano.
The Uruguayan economy continues to expand strongly having advanced 2.3% in the second quarter over the first quarter and 10.4% compared to a year ago and 9.8% over the fist half of 2009, according to the latest release from the Central Bank.
Mercosur is currently a “Foreign Affairs ministries club” which has failed in getting people involved in the integration idea and process, said Uruguayan Foreign Secretary Luis Almagro during a press conference Monday at Government House
Swiss-based iron ore mining start-up Zamin Ferrous through its Brazilian affiliate is finishing the drilling stage of an iron-ore project in Valentines, Uruguay, and expects to complete its “definitive” feasibility study by mid-2011.
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
The first Latin American trade and investment meeting will be held in Montevideo next yearRead more
It is estimated that the 222 calls represented 400.000 people between passengers and crews and although not all of them landed, it is a significant number with a positive input for the Uruguayan economy.Read more
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