Uruguay

Consumer prices fell 0.67% m-o-m in February but on an annual basis were up 6.6% y-o-y compared to 5.7% y-o-y in February 2005. The authorities are to be congratulated for having... 2006-03-20

The proposal to build two pulp mills on the Argentine-Uruguayan border has heightened tensions between the two states. The US$1.7bn development of two pulp mills, which the Uruguayan... 2006-03-20

Thus far, this approach seems to be successful. Indeed, Vásquez now enjoys higher approval ratings than he did while running for president. A poll conducted by

We feel that the authorities have done a good job of containing inflationary pressures. Year-end inflation in 2005 stood at 4.9%, down significantly from 25.9% registered three years... 2006-02-22

Argentinean pollution fears over two huge proposed pulp plants in Uruguay continue to sour bilateral relations. Entre Ríos Governor Jorge Busti has indicated that the dispute... 2006-02-20

The peso has stagnated lately, amidst ongoing central bank dollar purchases and low liquidity. After having hit a 3½-year high in December, it has since weakened to UYU24.05/US$,... 2006-02-09

The economy expanded by 6.6% y-o-y in the first nine months of 2005, a robust pace of growth that puts the government squarely on track to deliver its projected 6.5% expansion this... 2006-01-25

Civil-military relations deteriorated further when it was revealed that army chief General Angel Bertolotti had requested legal advice on the constitutionality of government proposals... 2006-01-25

The prospect of a debt restructuring this year should also reinforce creditworthiness. Comments by Fernando Lorenzo, chief adviser to the economy ministry, that ‘the scenario looks... 2006-01-19

Despite a deterioration in the terms of trade through 2005 and peso appreciation, the economy, led by exports, should manage a sprightly 6.2% outturn. Nevertheless, higher oil prices... 2005-12-12