Advertisement

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

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