News

06.09.11

Standard & Poor's raised Uruguayan rating

Standard & Poor's raised Uruguayan rating

The risk rating company Standard & Poor´s raised Uruguayan rating to BB plus from BB, leaving the country one step away from investment grade. S & P was the only one of the big three (with Moddy´s and Fitch) which kept Uruguay under that note.

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05.09.11

Real Estate in Punta Del Este move US$ 7 million per day

Real Estate in Punta Del Este move US$ 7 million per day

The real state business in Maldonado province moves US$ 2.550 million between April 2010 and April 2011, which is the same to US$ 7 million per day in real state transactions. The business is mainly focus in Punta del Este and the small farms area.

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20.08.11

Customs seized goods for more than U$S 2 million

Customs seized goods for more than U$S 2 million

In the first six months of 2011, the DNA carried out 1.153 seizure operatives for a total amount of goods of U$S 2.3 million. Last year 2.027 seizures were done for U$S 5.11 million, while 2.045 in 2009 for a total of U$S 4.2 million. According to projections, the DNA expects to end the year with similar numbers as the recorded in the previous ones.

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17.07.11

Surprising numbers in Montevideo´s Port

Surprising numbers in Montevideo´s Port

From May 2010 to may 2011 Montevideo´s Port registered a movement of 810.000 TEUS.

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