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Uruguay announces end to water crisis triggered by severe drought
The Uruguayan government, led by President Luis Lacalle Pou, has declared an end to the water emergency instituted earlier this year, following an extensive drought that notably impacted the capital and its surrounding regions. Recent rainfall in the affected areas has replenished water reserves and streams that are vital for public consumption. At an event […]
Opinion: OPEC’s Dominance May Have Waned
(Opinion) Once the undeniable titan of the oil world, OPEC finds its dominance possibly waning in the face of a rapidly changing energy landscape. The organization’s 2023 World Oil Outlook predicts a substantial surge in oil demand by 2045, an increase that surpasses the previous forecast by over 6 million barrels. This significant revision suggests […]
Uruguay’s Economic Crossroads: Five Key Challenges
Uruguay, renowned for its stability in South America, faces five pivotal challenges. First, navigating the global landscape is crucial. Economic shifts and geopolitical tensions worldwide directly affect Uruguay. It must understand its role globally and regionally to seize opportunities and minimize risks. Secondly, the country is focusing on economic growth. Following modest gains, there’s a […]