Paraguay's Congress will be asked to declare a hydrological emergency in the Paraná River to speed up dredging after members of the Paraná Joint Commission (Comip) discussed the hydro-climatological last week and agreed on the next actions, Merchant Marine Director Patricio Ortega explained in Asunción.
A US Air Force C5 Super Galaxy logistics aircraft landed at around 3.30 pm Friday at Asunción's Silvio Pettirossi International Airport carrying donations from the Massachusetts National Guard. The aircraft docked at the Paraguayan Air Force (FAP) First Air Brigade in the air terminal in the city of Luque, barely outside the South American country's capital.
The Monetary Policy Committee (MPC) of Paraguay's Central Bank (BCP) unanimously decided Thursday to keep the benchmark interest rate at 6% for the fourth month in a row and found that cuts might be in order during the second semester of 2024 given the favorable economic indexes recorded recently.
Paraguayan exports of soybeans are gaining steam, according to shipment data provided by Marine Link. Farmers are accelerating sales due to a stronger global market and higher prices for the oil seed.
Paraguay's latest achievements as a top Latin American destination for foreign investments have been highlighted by One World Media. The outlet praised the South American country's macroeconomic and political stability coupled with its natural resources, strategic position, and gender equality regulations.
Presidents Luis Arce Catacora of Bolivia and Santiago Peña Palacios of Paraguay announced the signing of Scientific and Migratory Cooperation Agreements Thursday at the Casa Grande del Pueblo in La Paz.
Paraguayan President Santiago Peña is due in La Paz on Thursday for talks with his local counterpart Luis Arce Catacora, Bolivia's Deputy Communications Minister Gabriela Alcón confirmed Tuesday. The agenda is being closed, evidently the president of Paraguay is arriving in our country, he is doing it on Thursday, she told reporters.
Paraguayan President Santiago Peña signed into law a bill providing for the creation of the so-called linked towns bordering Argentina and Brazil. The measure grants residents a preferential status in economic, labor, health, and cultural issues, it was explained.
Paraguay's Minister of Childhood and Adolescence, Walter Gutiérrez, said Friday in Asunción that a suggestion from the United Nations to legalize abortion in the South American country collided with the Constitution and other national laws. We would have to change the constitution, he explained.
Paraguayan foreign trade operators have expressed concern this week amid dropping water levels at the Paraguay and Paraná rivers affecting transportation capacity.