August 2024

Uruguay: the safest country in South America, according to artificial intelligence

In a recent experiment, Google's artificial intelligence chatbot Bard was asked which is the safest country in Latin America. We know that throughout this region, security has been a concern that has been on the agenda for several years with little chance of a quick resolution. However, the results are surprising. Artificial intelligence has caused a number of problems in Latin America, and it is not easy to find a solution to the problem.

According to the World Bank, Uruguay expects above-average economic growth

The same World Bank report that predicted a dismal 2024 for Argentina forecast 3,2% growth for Uruguay in a region that is heading for a poor average performance. The “World Economic Outlook” published this Tuesday in Washington DC projected average growth in Latin America and the Caribbean of 1,8% in 2024 before recovering to 2,7% in 2025 as the economies of the region are...

Uruguay became a world leader with two innovations in sustainable finance

Uruguay has positioned itself as a world leader in sustainable debt issuance by innovating in investment instruments that are subject to environmental indicators. Faced with a “paradigm shift” in the financial world, how did it do it? For four years, interactions with investors have changed, where the importance of environmental and social awareness has increased. The...

What Argentine businessmen see in Uruguay

Economic stability, tax incentives and financial security. These macroeconomic factors, combined with many other market characteristics and cultural proximity, have made Uruguay an increasingly popular destination for Argentine entrepreneurs to launch new businesses. Often referred to as “the Switzerland of America”, Uruguay stands out for the quality of its services and the quality of its products.

Uruguay: Inflation remains at the lowest levels in almost two decades

Prices in Uruguay rose 0,36% in June, which meant a second consecutive increase in the variation of the inflation rate. However, the Consumer Price Index (CPI) accumulated 4,96% in the year, a figure that is within the range that the Central Bank of Uruguay (BCU) established as a target (3%-6%), according to data from the National Institute of Statistics. The increase in the rate of inflation is XNUMX%.

Main sectors that Argentines choose to invest in Uruguay

The possibility of opening up investments more and not focusing them only on Argentina, since there are some opportunities, makes many Argentines decide to do so in the neighboring country. Before and after the pandemic, various elements have been generated that have caused the construction and real estate investment issue to explode both in Montevideo and in Punta del Este. In terms of investment, a...

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