The German media Statista, specialized in the disclosure of market data, shared in recent days a new report on minimum wages in Latin America for 2023. Based on information disclosed by Bloomberg Linea earlier this year, the media made a ranking that is led by Costa Rica as the country with the highest minimum wage…
Read More
Bienes raíces a medida
Bienes raíces a medida
Bienes raíces a medida
Uruguay will gauge investor appetite for developing massive green hydrogen projects in the south Atlantic when it starts the tender of 10 offshore wind power blocs in the coming months covering an area the size of Delaware. State energy company Ancap plans to publish bidding rules for offshore blocs this year and pick the winners in the…
Read MoreEuropeans are increasingly choosing Uruguay as a country of immigration. In the first six months of this year, 52,277 Union citizens applied for a residence permit in the smallest Spanish-speaking country in South America. On the other hand, from the beginning of the pandemic until now, Argentines have accounted for 60 percent of the residence…
Read MoreUruguayan President Luis Lacalle Pou tops the list of most-approved Latin American heads of state, according to an Ipsos survey released Monday. The study, conducted between July 14 and August 8, among 297 opinion leaders from 12 countries, showed Lacalle had a 74% approval against 14% disapproval. The remaining 12% did not have an opinion….
Read MoreUruguay’s Central Bank of Uruguay this week ordered a 50 basis point increase in the interest rate policy, the eighth straight increase since last August. The move, which brings the monetary policy rate to 9.75%, means the central bank has ordered 525bp of increases in total over the past 11 months. The 50bp hike was…
Read MoreArgentina’s new financial crisis following the surprise July 2 resignation of its former economy minister is rocking the country, and driving many nervous Argentines to rush to buy goods as prices rise by the minute. One of the very few winners from the country’s latest drama is neighboring Uruguay. In recent years, Uruguay has benefited…
Read MoreMontevideo, Feb 18 (EFE).- With its sights set on reducing its greenhouse gas emissions by 2025, Uruguay is to begin issuing a sovereign “green” bond with an interest rate tied to its environmental goal in a bold and unprecedented move that could serve as a model for the rest of Latin America and beyond. Four…
Read More