PUNTA DEL ESTE, Uruguay — Daniel Camdessus and Liliana Silberman have spent their vacations here since the 1960s. It’s where they fell in love as teenagers and promised each other that if they ever ...
On top of the generally weakening nature of the Uruguay economy and the decision of the Uruguay Central Bank to attempt to fend off inflation by increasing the reference interest rate to 9 percent, ...
A media report blames lack of government control for Uruguay’s extensive illegal currency exchange operations along the border with Brazil, but the country’s reliance on a vast informal economy is the ...
In and around the town of José Ignacio, a series of upscale (yet fittingly understated) waterfront developments are underway. By Paola Singer This article is part of our latest special report on ...