Foreign Investors, Rating Agencies Maintain Stable Outlook For Uruguay

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

The countdown to Uruguay’s presidential election at the end of this month is expected to remain uneventful for financial markets and foreign investors. Unlike what transpired last month in Brazil where daily polls and projections had local stocks and the Bovespa soaring one day and plunging the next, the economic outlook for Uruguay is stable regardless of which candidate wins …

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 …

The 51% Club: South America’s Economic Strength Bailing Out Spanish Banks

Patrick Archer foreign investment, franchises

Spain currently has 23% unemployment, a full-blown sovereign debt crisis and government predictions today of things getting worse before they get better. It’s somewhat amusing then to read an op-ed piece in El Pai­s from a Spanish architect looking down his nose at the region (a national pastime) and weighing in on “El Futuro en Latinoamerica.“ Rather than pondering LatAm …

In Uruguay, the U.S. Sees An Export Hub for Mercosur

Patrick Archer competitiveness, foreign investment, us companies, visionaries

The U.S. may be mired in a full-blown recession, but economic activity and investment is surging here in the Southern Cone. Now Washington may finally be taking note, as evident by news yesterday out of Montevideo courtesy of El Pai­s. The U.S. Ambassador to Uruguay, David Nelson, told a gathering of businessmen at the Uruguayan Trade Chamber the U.S. is …