Uruguay’s Retail Sector: $1 Billion Investment, 170,000 Jobs, and Promising Growth
Uruguay's retail sector, as detailed in a report by Uruguay XXI, has invested over $1 billion in recent years, employing...
March 4, 2025Section
Uruguay News in English
Uruguay news in English from The Rio Times — Montevideo politics, economy, agriculture and culture.
Uruguay’s Leftward Shift: Yamandú Orsi Takes Office Amid Global Rightward Trends
On March 1 2025 Yamandú Orsi a 57-year-old history teacher and former mayor assumed the presidency of Uruguay. Coverage and...
March 3, 2025
Uruguay’s Financial Hub Status Tested by Rising Money Laundering Risks
Uruguay, a beacon of economic stability in Latin America, is grappling with a troubling rise in suspicious financial activities. In...
March 1, 2025
Chile’s Tourism Surge: A Magnet for Uruguayans and Argentines in 2024
Chile experienced a landmark year for tourism in 2024 welcoming 5 239 233 foreign visitors—a 40% increase from. Coverage and...
February 23, 2025
Uruguay’s Hidden Poverty: 18.9% Face Multidimensional Struggles
Uruguay’s National Statistics Institute (INE) reports that 18.9% of the nation’s 3.4 million people—about 661 000. Analysis from The Rio...
February 20, 2025
Uruguay’s Credit Sector Grows 9% in 2024, Yet Debt Penetration Remains Low
Uruguay’s credit market reached $25 billion in 2024, marking a 9% increase from the prior year and continuing a four-year
February 17, 2025
Uruguay’s Central Bank Raises Interest Rate to 9% to Tackle Inflation Risks
The Central Bank of Uruguay (BCU) raised its benchmark interest rate by 25 basis points to 9%, aiming to align...
February 14, 2025
Uruguay’s Inflation Dips to 5.05% in January, Signals Economic Stability
The National Institute of Statistics reports that Uruguay's inflation rate fell to 5.05% in January 2025. This figure marks a...
February 6, 2025
Punta del Este Draws Global Wealth as Uruguay Cements Tax Haven Status
Punta del Este, Uruguay’s coastal gem, has become a magnet for international elites seeking fiscal refuge and luxury living. Foreign...
February 3, 2025