Country Risk Rating

Fernando Lugo, a Roman Catholic priest, announced on December 26 that he will put forward his candidacy for the presidential elections in 2008. While the government and the Catholic... 2007-01-16

The ongoing blockade of important bridges by Argentine opponents to the Uruguayan paper mills is 'strangling' the Uruguayan economy, according to the government. In an appeal to the... 2007-01-16

After months of uncertainty, former Economy Minister Roberto Lavagna officially announced on January 5 that he will stand in the presidential elections on October 28 2007. Although... 2007-01-16

Mario Salazar Escobar, a cousin of the former regional director of Chiledeportes (a state sports agency), confessed to authorities that he had been involved in the scandal engulfing... 2007-01-15

Former military ruler Augusto Pinochet, who is 91 years old, recently sufferedanother heart attack, which landed him in serious condition after surgery. This occurred just a week... 2006-12-05

Following a three-day union strike at gas fields in the south of the country, Argentina temporarily halted natural gas exports to Chile. The supply was, however, resumed after the... 2006-12-01

The corruption trial against former President Luis Gonzales Macchi collapsed, after the court failed to sentence the defendant on 20 November, which was the deadline set for the final... 2006-12-01

The International Finance Corporation (IFC), the private sector arm of the World Bank (WB), stated on November 22 that it will provide a loan worth US$520mn for the construction... 2006-12-01

Carlos Rovira's party, the Frente Renovador (FR), lost Misiones' General Assembly elections on 29 October to the opposition, led by the Frente Unidos por la Dignidad. The local election... 2006-11-06

The government has recently faced the largest strike action throughout Uruguay since President Tabare Vazquez's victory in 2005. At the end of October, ten of thousands of truck and... 2006-11-06