European Union (EU) Trade Commissioner Cecilia Malmström said Monday in Madrid that the EU bloc “hopes to announce a political agreement for this Christmas in Buenos Aires” with Mercosur “even though technical aspects remain to be discussed.”
Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) CEO Oscar Barriga announced Monday that the state company will export 4,000 tons of liquefied petroleum gas (LPG) to Paraguay.
The lower house of Paraguay's Congress has voted overwhelmingly to reject a constitutional amendment that allowed the president to seek re-election. The proposal triggered riots last month, with protesters setting fire to part of the Congress building.
The European Union and South American trade bloc Mercosur should intensify talks to reach a trade agreement this year, Spanish Prime Minister Mariano Rajoy said on Tuesday, urging haste after 18 years of negotiations.
Brazilian police near the border with Paraguay have exchanged gunfire with members of a gang who carried out what Paraguayan officials are calling the robbery of the century. So far three gang members were killed and two injured in the clash, police say. The number of robbers involved and display of weapons has led authorities to believe it is a one of Brazil largest criminal gangs.
Paraguay's conservative President Horacio Cartes reached out to his opponents Monday for talks after a bid to lift a ban on him seeking re-election sparked deadly riots. His opponents say the constitutional change would raise the risk of a return to dictatorship for a country that transitioned to democracy in 1989 after 35 years of military rule.
President Horacio Cartes fired Paraguay’s interior minister and chief of police on Saturday following the death of a young opposition party leader and violent overnight clashes sparked by a secret Senate vote for a constitutional amendment to allow presidential re-election.
A protester was killed in Paraguay after violent clashes overnight sparked by a secret Senate vote for a constitutional amendment that would allow conservative President Horacio Cartes to run for re-election. The political move also had the support and Senate votes from the left leaning former removed president Fernando Lugo, which polls show he has significant support ahead of the 2018 presidential election.
Protesters stormed and set fire to Paraguay's Congress on Friday after the Senate secretly voted for a constitutional amendment that would allow President Horacio Cartes to run for re-election, a change that will also require approval by the Lower House. The country's constitution has prohibited re-election since it was passed in 1992 after a brutal dictatorship fell in 1989.
When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank US$ 2 million into a new factory not in its native Brazil - the region's largest economy - but in its tiny southern neighbor Paraguay. The plant, which opened this month in the border town of Hernandarias, stands near a 4,500-hectare industrial park filled with Brazilian companies making everything from auto parts to clothing.