Uruguay

The Uruguayan economy is in quite a bit of trouble, with a high degree of exposure to global economic and financial conditions, underpinned in large part by the country's open economy... 2008-11-19

Uruguay dealt a blow to former Argentine President Néstor Kirchner's aspirations to become secretary general of the South American Union of Nations (UNSUR), by announcing that Uruguay's... 2008-11-04

Uruguay's year-to-date trade deficit widened further in August to US$1.81bn from US$1.47bn just a month earlier. Year-to-date import growth in Uruguay reached a staggering 75.1 y-o-y... 2008-11-04

The current account dynamics have substantially deteriorated during the second quarter of the year on the back of a US$597.9mn trade deficit. Combined with a US$5.12bn shortfall in... 2008-10-08

While year-on-year headline inflation remained on an upward trajectory in September, climbing to 7.5% from 7.3% in August, we believe that the overall inflationary picture may be... 2008-10-08

The rate of growth of the Uruguayan economy has surprised to the upside in H108, prompting BMI to raise its real GDP growth forecast to 9.6% for this year. While lower commodity... 2008-09-19

We see a continued deterioration in Uruguay's trade balance this year, after rapidly rising import growth saw the overall trade balance slip into a US$1.57bn deficit during the first... 2008-09-09

Uruguay's Economic Minister Danilo Astori is expected to tender his resignation on September 15, stirring speculation of possible aspirations for the country's highest office in next... 2008-09-09

Since coming to power, Paraguayan President Fernando Lugo has voiced his willingness to encourage greater regional economic integration. Indeed, as well as repeatedly pledging his... 2008-09-01

Thanks to prudent macroeconomic management by Uruguay's government, the sovereign has been upgraded by ratings agency Standard & Poor's to BB-, from B+ in July, with a stable... 2008-08-05