Moody’s Upgrades Uruguay Credit Rating To Baa2

Patrick Archer agribusiness, competitiveness, foreign investment, global rankings, real estate, tourism, uruguay, us companies

Uruguay achieved its highest credit rating in history today when Moody’s Investors Services upgraded its rating for Uruguay government bonds to Baa2 from Baa3 with a stable outlook. According to the official press release, Moody’s based the ratings upgrade on three main drivers: the strengthening of Uruguay’s credit profile with adequate buffers and a lower debt:GDP ratio, declining exposure to …

US Chamber of Commerce CEO: “The World Needs More Uruguay”

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay, us companies, visionaries

Those were the powerful words of U.S. Chamber of Commerce President and CEO Thomas J. Donohue in his formal introduction of Uruguay President Jose Mujica earlier today in Washington.  Before U.S. Businessmen, Mujica Sold Uruguay As A Country To Live and Invest is how the local papers are summarizing the president’s 36-minute presentation this morning at the U.S. Chamber. But …