The Inter-American Development Bank signed the Alliance for Security, Justice and Development with Argentina, Bahamas, Barbados, Belize, Brazil, Chile, Costa Rica, Dominican Republic, Ecuador, Guatemala, Guyana, Honduras, Jamaica, Panama, Paraguay, Peru, Suriname and Uruguay.
The objective of this…
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Uruguay
EU-Mercosur trade agreement will open doors to exports
The European Union closed the free trade agreement with the countries of the Common Market of the South (Mercosur) on Friday, December 6.
The deliberations took more than two decades; 25 years. And France, Poland and Italy are still…
IDB to grant $200 million to Uruguay for energy transition and climate change
Through the Executive Branch, Uruguay accepted a $200 million loan from the Inter-American Development Bank (IDB) to face the climate crisis and promote the energy transition.
The loan, which will be amortized over 20 years, will allow the…
Leftist Yamandú Osi wins the presidential elections in Uruguay
This Sunday, Uruguay voted to elect a new president. Yamandú Orsi, a leftist from the Frente Amplio party, won the victory, thus ending the conservative term of the current president, Luis Lacalle Pou.
Orsi defeated the official candidate,…
Google will build second data center in Uruguay
The technology company Google confirmed this Thursday, September 5, the construction in Uruguay of the second large data center through an investment of $850 million. It will be built in the Science Park, located in Canelones.
In this way,…
Uruguay authorizes Starlink operations
The satellite operations company Starlink was authorized to offer its services in Uruguay by the Communications Services Regulatory Unit (Ursec).
According to a statement from the regulatory entity, "the technology company complied with…
Uruguay will increase workers’ salaries on January 1, 2024
At the end of this year, good news appears for the workers of Uruguay, where the Ministry of Labor announced an increase in the minimum wage starting January 1, 2024 of 5.5 %.
According to the announcement this week by Minister Pablo…
Spotify will stop offering its services in Uruguay from 2024
The digital music platform Spotify indicated that as of January 1, 2024, it will begin the gradual cessation of its operations in Uruguay, a process that will definitively culminate in February.
The decision is based on changes to…
Presidents of Uruguay and China analyze the possibility of a Free Trade Agreement
The president of Uruguay, Luis Lacalle, and his Chinese counterpart, Xi Jinping, have addressed this week the benefits of a Free Trade Agreement between both countries, with which they will be able to strengthen cooperation in different…
APEP Summit brought together Biden with leaders of 10 Latin American countries
The President of the United States, Joe Biden, welcomed the leaders of 10 Latin American countries in Washington at the Leaders' Summit of the Alliance for Economic Prosperity in the Americas (APEP), according to an official statement from…
Globant announces investments of 1,000 million dollars in Latin America
Globant (NYSE: GLOB), a digital native company focused on reinventing business through innovative technology solutions, announced a five-year, $1 billion investment plan in Latin America to bolster its presence throughout the region.
Among…
Tether will start mining cryptocurrencies in Uruguay
In a May 30 announcement, Tether claimed it intends to establish a mining division in the South American nation "in collaboration with a licensed local company," while also investing in Uruguay's energy production. The stablecoin issuer…