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Brazil & Southern Cone - July 2011 (ISSN 1741-4431)
URUGUAY: Growth is not enough
On the face of it, everything is ticking along rather well in Uruguay. The economy grew by 6.8% in the first half of 2011, forcing the government to raise its GDP growth forecast for this year to 6% from 4.5%. Inflation, at 4.71% for the first six months of the year, is higher than the government would like, but it is slowing. Most presidents would be popping the champagne corks on this sort of performance – but not President José Mujica. In fact, Mujica faces the biggest political challenge since the ruling left-wing coalition Frente Amplio (FA) first got a taste of power in 2005.
- Piñera reshuffles again
- CHILE: Codelco strikers halt output
- ARGENTINA: Fernández – a wave of defeats
- ARGENTINA: The rocker and the youth
- ECONOMIC OVERVIEW: ARGENTINA
- PARAGUAY: Rumoured deal to save ruling coalition
- ECONOMIC OVERVIEW: PARAGUAY
- URUGUAY: Growth is not enough
- ECONOMIC OVERVIEW: URUGUAY
- POLITICS: Falling off the rails?
- POLITICAL ECONOMY: Carrefour left hanging
- OIL: Changes afoot at Petrobras?
- ECONOMY: Still booming
- Uruguayan sovereignty under threat