New Video Cameras Make Montevideo Safer For Toursits

The Ciudad Vieja, Montevideo’s downtown historic district is full of beautiful plazas, classic architecture and tourist favorites like the Mercado del Puerto and the Teatro Solis. Unfortunately, it’s also become a magnet for pickpockets looking to take advantage of the thousands of tourists who arrive daily at the Port of Montevideo. Now the City of Montevideo is taking a high-tech …

Argentina Bitcoins Surge In Acceptance As Inflation Hedge

Bitcoins, the virtual currency created by programmers in 2008, are quickly emerging as an inflationary hedge for a growing number of Argentines. In fact, Argentina now boasts the largest community of bitcoiners in Latin America. Bitcoins, An Alternative That Is Catching On As A Means Of Protecting Against Inflation is the headline of today’s article in iProfesional which features interviews …

Finland’s UPM To Build Uruguay’s Third Pulp Mill On The East Coast

One month after receiving authorization to boost production at Uruguay’s first pulp mill in Fray Bentos, Helsinki-based UPM is planning to build a second mill on Uruguay’s Atlantic coast. The news surfaced over the weekend when Vice President Danilo Astori was responding to reporters questions over the rapid evolution of the timber industry in Uruguay which he described as being …

500,000 Google Searches Per Hour For Latin America Real Estate

Real estate buyers in Latin America are ditching the clasificados and the neighborhood inmobiliaria when it comes time to search for property, according to a new report from Google Argentina. Buyers are increasingly more “digital”, said the company’s New Business Development Manager in a presentation yesterday at Montevideo’s World Trade Center. He pointed to the high Internet penetration rates in Latin …

Uruguay Has Fastest, Cheapest Internet Access In Latin America

Uruguay is the Latin American country where residents have access to the fastest and cheapest Internet service, according to a new Google-funded study on Internet connection speeds, rates and recent price reductions. “The Price of Connectivity in Latin America and the Caribbean” from the University of San Andres reveals several aspects of Uruguay’s fiber optic service which places it in …