Montevideo

Montevideo, is the largest city, the capital, and the chief port of Uruguay. The settlement was established in 1726 by Bruno Mauricio de Zabala, as a strategic move amidst a Spanish-Portuguese dispute over the platine region, and as a counter to the Portuguese colony at Colonia del Sacramento. According to the census of 2004, Montevideo has a population of 1,325,968 (about half of Uruguay's population). It has an area of 530 square kilometres (200 sq mi) and extends 20 kilometres (12 mi) from west to east. The southernmost cosmopolitan capital city in the Americas and third most southern in the world, it is situated in the southern coast of the country, on the northeastern bank of the Río de la Plata (Spanish: "Silver River") — which is often referred to in English-speaking countries as the River Plate. The city was under brief British rule in 1807 and was involved in the first major naval battle in the Second World War: the Battle of the River Plate. It is also the place where the Montevideo convention was signed, in 1933, by nineteen nations of the Americas. The city hosted all 1st FIFA World Cup matches in 1930. Montevideo has a rich architectural and cultural heritage, the latter including tango and candombe. According to Mercer Human Resource Consulting, in 2007 Montevideo provided the highest quality of life in Latin America.
Described as a "vibrant, eclectic place with a rich cultural life", it is the hub of commerce and higher education in Uruguay: its first university, the Universidad de la República, was founded in 1849. The architecture of Montevideo reflects its history, ranging from colonial to Art Deco, and influenced by Spanish, Portuguese, Italian, French and British immigrants.


Climate
Montevideo enjoys a mild humid subtropical climate (Cfa, according to the Köppen climate classification) and it borders on an oceanic climate (Cfb). The city has cool winters, warm summers and volatile springs; there are numerous thunderstorms but no tropical cyclones. Due to its location in the southern hemisphere, its seasons are opposite to those of the Northern hemisphere; summer runs from December to March, followed by autumn in April and May; winter lasts from June to September, and spring is in October and November. Rainfall is regular and evenly spread throughout the year, reaching around a 950 millimetres (37 in).
Winters are generally wet, windy and overcast, while summers are hot and humid with relatively little wind. In winter there are bursts of icy and relatively dry winds and continental polar air masses, giving an unpleasant chilly feeling to the everyday life of the city. In the summer, a moderate wind often blows from the sea in the evenings which has a pleasant cooling effect on the city, in contrast to the unbearable summer heat of Buenos Aires.
Montevideo has an annual average temperature of 16 °C (61 °F). The lowest recorded temperature is −5.6 °C (21.9 °F) while the highest is 42.8 °C (109.0 °F). Sleet is a frequent winter occurrence. Snowfall is extremely rare: flurries have been recorded only four times but with no accumulation, the last one on 13 July 1930 during the inaugural match of the World Cup,[38] although many meteorologists believe it was hail (the other three snowfalls were in 1850, 1853 & 1917); the alleged 1980 Carrasco snowfall was actually a hailstorm.


Economy


As the capital of Uruguay, Montevideo is the economic and political centre of the country. Most of the largest and wealthiest businesses in Uruguay have their headquarters in the city. Since the 1990s the city has undergone rapid economic development and modernization, including two of Uruguay's most important buildings—the World Trade Center Montevideo (1998),[52] and Telecommunications Tower (2000), the headquarters of Uruguay's government-owned telecommunications company ANTEL, increasing the city's integration into the global marketplace.
The Port of Montevideo, in the northern part of Ciudad Vieja, is one of the major ports of South America and plays a very important role in the city's economy. The port has been growing rapidly and consistently at an average annual rate of 14 percent due to an increase in foreign trade. The city has received a US$20 million loan from the Inter-American Development Bank to modernize the port, increase its size and efficiency, and enable lower maritime and river transportation costs.
The most important state-owned companies headquartered in Montevideo are: AFE (railways), ANCAP (Energy), Administracion Nacional de Puertos (Ports), ANTEL, ANCEL and ANTELDATA (telecommunications), BHU (savings and loan),[60] BROU (bank),[61] BSE (insurance), OSE (water & sewage), UTE (electricity). These companies operate under public law, using a legal entity defined in the Uruguayan Constitution called Ente Autonomo ("autonomous entity"). The government also owns part of other companies operating under private law, such as the national airline carrier PLUNA and others owned wholly or partially by the CND (National Development Corporation).
Banking has traditionally been one of the strongest service export sectors in Uruguay: the country was once dubbed "the Switzerland of America",mainly for its banking sector and stability, although that stability has been threatened in the 21st century by the recent global economic climate. The largest bank in Uruguay is Banco Republica (BROU), based in Montevideo. Almost 20 private banks, most of them branches of international banks, operate in the country (Banco Santander, ABN AMRO, Citibank, Lloyds TSB, among others). There are also a myriad of brokers and financial-services bureaus, among them Ficus Capital, Galfin Sociedad de Bolsa, Europa Sociedad de Bolsa, Darío Cukier, GBU, Hordeñana & Asociados Sociedad de Bolsa, etc.


World Trade Center Montevideo


World Trade Center Montevideo officially opened in 1998, although work is still ongoing as of 2010. The complex is composed of three towers, two three-story buildings called World Trade Center Plaza and World Trade Center Avenue and a large central square called Towers Square. World Trade Center 1 was the first building to inaugurated, in 1998. It has 22 floors and 17,100 square metres of space. That same year the avenue and the auditorium were raised. World Trade Center 2 was inaugurated in 2002, a twin tower of World Trade Center 1. Finally, in 2009, World Trade Center 3 and the World Trade Center Plaza and the Towers Square were inaugurated. It is located between the avenues Luis Alberto de Herrera and 26 de Marzo and has 19 floors and 27,000 square metres (290,000 sq ft) of space. The 6,300-square-metre (68,000 sq ft) World Trade Center Plaza is designed to be a centre of gastronomy opposite Towers Square and Bonavita St. Among the establishments on the plaza are Burger King, Walrus, Bamboo, Asia de Cuba, Gardenia Mvd, and La Claraboya Cafe.
The Towers Square, is an area of remarkable aesthetic design, intended to be a platform for the development of business activities, art exhibitions, dance and music performances and social place. This square connects the different buildings and towers which comprise the WTC Complex and it is the main access to the complex. The square contains various works of art, notably a sculpture by renowned Uruguayan sculptor Pablo Atchugarry. World Trade Center 4, with 40 floors and 53,500 square metres (576,000 sq ft) of space is under construction as of 2010.


Montevideo Metropolitan Cathedral


The Montevideo Metropolitan Cathedral is the main Roman Catholic church of Montevideo. It is located in Ciudad Vieja, immediately across Constitution Square from the Cabildo. In 1740 a brick church was built on the site. In 1790, the foundation was laid for the current neoclassical structure. The church was consecrated in 1804. Bicentennial celebrations were held in 2004.
In 1897, Pope Leo XIII elevated the church to Metropolitan Cathedral status. Important ceremonies are conducted under the direction of the Archbishop of Montevideo. Weddings and choral concerts are held here and the parish priest conducts the routine functions of the cathedral. In the 19th century, its precincts were also used as a burial place of famous people who died in the city. For decades, the prison and the nearby parish church were the only major buildings in the neighbourhood.


Nuestra Señora del Sagrado Corazón


Nuestra Señora del Sagrado Corazón ("Our Lady of the Sacred Heart"), also known as Iglesia Punta Carretas ("Punta Carretas Church"), was built between 1917 and 1927 in the Romanesque Revival style. The church was originally part of the Order of Friars Minor Capuchin, but is presently in the parish of the Ecclesiastic Curia. Its location is at the corner of Solano García and José Ellauri. It has a nave and aisles. The roof has many vaults. During the construction of the Punta Carretas Shopping complex, major cracks developed in the structure of the church as a result of differential foundation settlement.