Uruguay's Economy Minister Gabriel Oddone announced Monday that his country's GDP was projected to expand by 2.3% this year. While the figure is slightly lower than initial government forecasts, Oddone emphasized that it repres...

The Government of Uruguay and the multinational firm HIF Global have signed a Memorandum of Understanding (MoU) to develop a synthetic fuels project in the department (province) of Paysandú, representing a record-breaking inve...

Following decades of negotiations and a high-stakes “now or never” deadline set for this week, the Southern Common Market (Mercosur) bloc has officially adopted a stance of cautious optimism after the European Union (EU) fa...

The Board of Directors of the Development Bank of Latin America and the Caribbean (CAF) has authorized a landmark US$980 million credit operation for Uruguay. This approval represents one of the largest single financial commitm...

Uruguay's state-owned electricity company UTE (technically the Administración Nacional de Usinas y Transmisiones Eléctricas) announced this week that importing gas from neighboring Argentina has resulted in savings of around ...