Uruguay English News Blog July Archive

Real estate properties

07/25/08 12:56

While properties are being foreclosed every minute in the United States, real estate is selling hot here in the nation of Uruguay, with customers primarily from Argentina, Brazil, the United States, and Europe.

Nonetheless, the government is worried about this massive land acquisition by foreigners and is actually pushing a law that will eventually ban the ownership of foreign land along the borders.

News: BBC NEWS | Americas | Foreign buyers eye Uruguayan land

Uruguay's left-leaning coalition leads surveys

According to a recent survey, the country's left-leaning ruling coalition is still the most favored by the citizens today. 58.9 percent of the total respondents said that they will vote Progressive Encounter - Broad Front (PE-BF) in the next elections. A more details report about the survey will be read here.

News: Left-Wing Coalition Stays Strong in Uruguay: Angus Reid Global Monitor

Brazil lends electricity to Uruguay

Due to the large demand for electricity now that the Southern Hemisphere is in its winter season, Brazil vowed to give Uruguay more than 70 megawatts of hydroelectric electricity to augment the supply. In return, Uruguay promises to return this electricity when the demand for electricity subsides. Brazil has been doing this for for winters already free of charge.

News: Brazil lends neighboring Uruguay hydroelectric power for Southern Hemisphere winter - International Herald Tribune

The Rising Dwarf

When a dwarf is placed amongst giants, people normally tend to ignore the former and pay more attention to the monsters. But then things do change and suddenly the dwarf gets noticed as well. This is certainly happening to Uruguay and after ages of being dwarfed by Brazil and Argentina, this small sized country is showing to the world that it is not less in any manner for purposes of travel and investment

News: The Only Way is Up for Uruguay Property Investment | Nubricks