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Uruguay

Capital: Montevideo; GDP growth (annual %) 2016 : 1.5%;

Higher earning Why a university degree is worth more in some countries than others

A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.

The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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China looks to deepen ties with Latin America

China's president, Xi Jinping, has embarked on a week-long visit to Latin America that will include national visits to Ecuador, Peru and Chile. Mr Xi's trip comes instantly on the heels of a US presidential election that has called the next of US-Latin America relations into question, and highlights China's emergence as a key trade and investment partner for the region.
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Uruguayan peso breaks the 30.00 UYU per USD mark in January

On 4 January, the Uruguayan peso broke modern records and breached the 30.00 UYU per USD mark. By 13 January, the peso had continued its depreciatory trend unabatedly and reached 30.65 UYU per USD, marking a 3.2% monthly decrease. The figure is as well 24.6% weaker than the corresponding period in 2015. The currency would have witnessed a starker depreciation,, had it not been for the central bank’s efforts to contain the depreciation of the currency.
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GlObserver provides the latest business news Country Analysis and Economic Repor

Key Facts: Full name: Oriental Republic of Uruguay
Population: 3.4 million (UN, 2011)
Area: 176,215 sq km (68,037 sq miles)
Major language: Spanish
Major religion: Christianity
Life expectancy: 74 years (men), 81 years (women) (UN)
Monetary unit: 1 Uruguayan peso = 100 centesimos
Main exports: Meat, rice, leather products, vehicles, dairy products, wool, electricity
GNI per capita: US $11,860 (World Bank, 2011)
Internet domain: .uy
International dialling code: +598

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Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Latin America Economy Renewed confidence in Latin America’s brightest economy
2017/03/04
The PPK cabinet has been working diligently to modernize the country and replace business confidence, while unlocking investments and infrastructure megaprojects in a bid to boost the country’s economy

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Latin America: external vulnerabilities and FX pressure valves
2015/10/03

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Mr. Mario Bergara President of the Central Bank of Uruguay
2015/05/26
Founded in 1967, Uruguay's central bank (BCU) regulates the country's banking and economy. It issues currency and controls money supply by setting interest rates; regulates credit; and oversees the currency exchange and the country's private commercial banks.

To begin, we would like to ask for your opinion about where Uruguay will be heading to in the next five years. What do you think will be the challenges that President Tabare Vazquez will face?

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Uruguayan president Jose Mujica
2013/03/11
Interviewed on Friday in Caracas by BBC World in Spanish, Mujica said that the deceased Venezuelan leader was “a friend” but being friends “does not mean smiling with affection” but rather “coming to the rescue at the same time as things get rough”.

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