Tag: Uruguay economy

RIO DE JANEIRO, BRAZIL - Matías Kulfas, Argentina's Minister of Productive Development, admits that Mercosur is going through "a tense moment". Partners such as Uruguay, Paraguay and Brazil want more flexibility and lower external tariffs, and the last meeting...
RIO DE JANEIRO, BRAZIL - Foreign Minister Francisco Bustillo called on the United States to focus its attention on MERCOSUR because the only one now doing this is China, which is "constantly knocking on the doors" of the South...
RIO DE JANEIRO, BRAZIL - Due to the crisis and inflation, the Argentine market is losing ground in the organization charts of many multinationals, which are now looking to another country to set up their regional headquarter. In late September...
RIO DE JANEIRO, BRAZIL - Barcelona-based catalan start-up Lupa has announced its intention to build one of several planned production facilities in Uruguay. The factory is scheduled to go into operation in 2024. Among other things, the presented electric...
RIO DE JANEIRO, BRAZIL - Financial analysts downgraded their 2020 economic forecast for Uruguay, from the 5.1 percent drop in gross domestic product (GDP) projected in December, to 5.5 percent drop, the Central Bank of Uruguay (BCU) said on...



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