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Uruguay

Uruguay Sees Robust Tourist Arrivals in Early 2024

In the early months of 2024, Uruguay saw an influx of 1,135,102 international tourists, a notable increase of 3.9% from the first quarter of...

Uruguay Lowers Interest Rate to 8.5%

The Central Bank of Uruguay (BCU) has strategically cut the Monetary Policy Rate (MPR) by 50 basis points, bringing it down to 8.5%. This move comes as inflation in Uruguay shows signs of easing, with...

Uruguay’s Economy Shows Promise of Growth

The Ceres Leading Index (CLI), a predictive measure of Uruguay's economic activity, rose by 0.3 percent in March. This uptick signifies the sixth straight month...

Support for Uruguay’s Leader Holds Strong

In Uruguay, President Luis Lacalle Pou enjoys a solid approval rate of 46%, a...

Uruguay Sees Slight Export Decline in Early 2024

In early 2024, Uruguay's export sector faced a modest setback, with a 2% decrease in goods exports, totaling $2.757...

Uruguay Anticipates Near-Record Soy Harvest After Severe Drought

Uruguay is on track for an exceptional soybean harvest, rebounding strongly from last year's harsh drought. Rainfall has revived the farms, sparking optimism in the...

Uruguay’s Trade Deal Challenge with China Amid Mercosur Dynamics

Uruguayan President Luis Lacalle Pou accused Argentina and Brazil of blocking a crucial Free Trade Agreement (FTA) with China. Speaking...

Left-Wing Frente Amplio Leads in Uruguay Poll

A new poll from Cifra indicates Frente Amplio as the front-runner for Uruguay's presidential elections on October 27. The survey...

A Three-Day Wine Tour in Uruguay

Uruguay, known for its fine wines and beautiful scenery, invites wine lovers to a...

Uruguay Shines as South America’s Sole ‘Full Democracy’

The 2023 Economist Intelligence Unit (EIU) report highlights a global decline in democracy, pointing to...

Uruguay Sees Small Industry Growth in 2023

In 2023, Uruguay's industry ticked up by 0.6% from the year before; the rise came mainly from more paper...