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Montevideo, September 21st 2024 - 09:05 UTC

Paraguay

  • Tuesday, June 25th 2024 - 10:28 UTC

    Paraguay's shipping business needs Paraná River dredged as soon as possible

    Some 9,000 people work in Paraguay's river shipping business

    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.

  • Saturday, June 22nd 2024 - 09:59 UTC

    USAF C5 lands in Asunción carrying strategic donations for Paraguay

    The mission was to have been performed in April but was delayed due to unforeseen events, it was explained

    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.

  • Friday, June 21st 2024 - 10:00 UTC

    Paraguay's Central Bank keeps benchmark interest rate unchanged at 6%

    Cuts might be in order in the second semester of 2024, the BCP explained

    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.

  • Tuesday, June 18th 2024 - 11:41 UTC

    Paraguay consolidating as the world's third exporter of soybeans

    Paraguay surpassed its drought-hit neighbor Argentina, while, last year, it ranked third among global exporters

    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.

  • Monday, June 17th 2024 - 19:14 UTC

    Paraguay's potential highlighted by leading international outlet

    Among other items, Paraguay stands out for its 0.1% greenhouse gas emissions

    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.

  • Thursday, June 13th 2024 - 20:45 UTC

    Paraguay and Bolivia sign key cooperation agreements

    “Let's continue building a future of peace and progress together,” Peña stressed

    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.

  • Wednesday, June 12th 2024 - 17:16 UTC

    Paraguayan President due in Bolivia this week

    Peña will be meeting with Arce as both countries have opposing geopolitical stances

    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.

  • Tuesday, June 11th 2024 - 18:41 UTC

    Paraguay enacts “linked towns” bill for residents of border locations

    The new legislation will represent “a solution to the problems of the chaotic traffic that usually occurs in border cities,” Kronawetter pointed out

    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.

  • Saturday, June 8th 2024 - 10:30 UTC

    Paraguay not welcoming UN suggestion to legalize abortion

    “They are free to make recommendations, but we are free and we will enforce our sovereignty,” Gutiérrez stressed (Pic ABC)

    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.

  • Wednesday, June 5th 2024 - 10:11 UTC

    Low river levels affecting Paraguay's shipments

    After last year's recovery, 2024 is expected to be tough once again, Romero explained

    Paraguayan foreign trade operators have expressed concern this week amid dropping water levels at the Paraguay and Paraná rivers affecting transportation capacity.