Uruguay

Growing doubts about Uruguay’s goal of 1.2GW wind power by 2015

May 18, 2012

Some wind farms are already successfully in production
Uruguay’s ambition to have 1.2GW of wind power in operation by 2015 may have …

MercoPress

Posted in Uruguay |

Tags: 1.2GW, 2015, About, doubts, goal, growing, power, Uruguay's, wind

Tax-info-exchange accord could see middle-class Argentines abandon Uruguayan banks

May 17, 2012

Argentine economist Viglione and Uruguay’s Porto from different perspectives agreed
The recent tax-info exchange agreement reached between Arge…

MercoPress

Posted in Uruguay |

Tags: abandon, Accord, Banks, Could, Middleclass, Taxinfoexchange, Uruguayan, “Argentines

Uruguay prepares for a serious power shortage because of lack of rainfall

May 17, 2012

The reservoirs of the dams are at critical levels
Uruguay’s state-owned power company UTE, is spending over seven million dollars per day to c…

MercoPress

Posted in Uruguay |

Tags: because, lack, power, Prepares, Rainfall, Serious, shortage, Uruguay

“Highly positive” cruise 2011/12 season for Uruguay with 213 vessel calls

May 17, 2012

Japanese flagged ‘Asuka II’ on a world tour closed the season
As “highly positive” was described the 2011/12 cruise season by Urugua…

MercoPress

Posted in Uruguay |

Tags: 201112, calls, cruise, Highly, positive, Season, Uruguay, Vessel

Serious Uruguay/Argentina clash over the long delayed dredging of a River Plate canal

May 16, 2012

Foreign minister Almagro received full support from all Uruguayan parties in Parliament
Uruguay called on Argentina to begin the price bidding proces…

MercoPress

Posted in Uruguay |

Tags: Canal, clash, delayed, Dredging, long, over, Plate, river, Serious, UruguayArgentina

Argentina further delays the dredging of a River Plate canal vital for Uruguay

May 15, 2012

Timerman acknowledges Argentina’s commitment but ‘it is a priority to clear up the alleged irregularities’
Argentina formally req…

MercoPress

Posted in Uruguay |

Tags: Argentina, Canal, Delays, Dredging, Further, Plate, river, Uruguay, vital

HSBC reports sale of affiliates in four countries to GNB Colombia for US 400m

May 14, 2012

The bank’s assets in Uruguay are valued in 80 million dollars
HSBC reported the sale of its affiliates in Uruguay, Colombia, Peru and Paraguay …

MercoPress

Posted in Uruguay |

Tags: $400m, Affiliates, Colombia, countries, four, HSBC, reports, sale

President Mujica is welcome at the White House whenever he wishes, says US ambassador

May 12, 2012

Ambassador Reynoso with Foreign minister Luis Almagro
United States ambassador Julissa Reynoso said Uruguayan president Jose Mujica is welcom…

MercoPress

Posted in Uruguay |

Tags: Ambassador, House, Mujica, President, says, welcome, whenever, white, wishes

France’s Total awarded an oil exploration licence offshore Uruguay

May 10, 2012

Total was the only bidder that proposed to drill one exploratory well at this stage
France’s Total has been awarded an exploration licence for block …

MercoPress

Posted in Uruguay |

Tags: awarded, exploration, France's, licence, Offshore, total, Uruguay

Mercosur “going through its worst moment in history” claims Uruguay

May 10, 2012

Astori: the only path “negotiations with professionalism and a lot of patience”
Uruguay’s Vice-president Danilo Astori said Merc…

MercoPress

Posted in Uruguay |

Tags: claims, Going, history, Mercosur, moment, through, Uruguay, worst