Uruguayan Elections: Orsi Takes Lead as Delgado Faces Pension Reform Backlash

In a surprising turn of events in the Uruguayan elections, candidate Daniel Orsi has surged ahead, overtaking his rival, the current President Luis Lacalle Pou’s candidate, Pedro Delgado. This shift in dynamics has created a sense of uncertainty in the market, primarily fueled by discussions surrounding potential reforms to the country's pension system.

Continue reading

Uruguay's Election Overshadowed by $23 Billion Pension Fund Vote

In a surprising turn of events, the upcoming elections in Uruguay are dominated not by political rhetoric or party promises, but by a critical vote regarding the nation's pension fund, valued at an astonishing $23 billion. This historic decision is poised to have profound implications on the fiscal landscape of Uruguay, as voters are called to decide the fate of the nation's pension scheme.

Continue reading