Advertisement

WORLD IN BRIEF : URUGUAY : New President Hopes to Revive Economy

Share
From Times Staff and Wire Reports

Luis Alberto Lacalle became president of Uruguay and promised to revive its sagging economy. Uruguay, located between inflation-ravaged Argentina and Brazil, has grown visibly poorer in the past decade. As Lacalle, a 48-year-old lawyer, took the oath of office, jubilant supporters crowded the streets of Montevideo to hail the country’s first president from the Blanco Party.

Advertisement