Friday, August 31st 2012 - 01:40 UTC

S&P places Paraguay with “stable outlook” and anticipates strong growth in 2013

Like other Mercosur members, Paraguay is betting on an abundant soy crop

Standard & Poor’s credit risk rating agency improved the prospects of Paraguay, removing the country from credit-watch where it had been placed with negative implications last June 25 when the political situation that removed Fernando Lugo as president and subsequent suspension of Paraguay from Mercosur.

Thursday, August 30th 2012 - 03:57 UTC

Canadian company exports first gold doré bar from Paraguayan mine

The promising Independencia mine has not been without incidents

Latin American Minerals Inc., Lampa, announced on Wednesday the delivery of the first gold doré bar produced at its Paso Yobai Gold Project pilot plant in Paraguay, to the Johnson Matthey Ltd. gold refinery in Brampton, Ontario.

Wednesday, August 29th 2012 - 21:49 UTC

The “Paraguay situation” and options as seen from Washington

By Eric Stadius, Research Associate at Council on Hemispheric Affairs and Peter Tase, Research Fellow at Council on Hemispheric Affairs.Two months after President Fernando Lugo’s impeachment, Paraguay has transitioned from reconciling its relatively benign political crisis to enhancing regional and international links politically and economically.

Tuesday, August 28th 2012 - 06:24 UTC

OAS mission in Paraguay to follow electoral process and political conditions

OAS cabinet chief Hugo de Zela will hold a round of meetings with government and opposition officials

The OAS, Organization of American States, cabinet chief and head of political affairs are expected in Paraguay to continue with the organization’s mandate of establishing an electoral committee and helping with the process of strengthening democracy in the country.

Friday, August 24th 2012 - 06:18 UTC

Paraguayan Senate defies Mercosur: votes against Venezuela’s incorporation

President Franco’s request to delay the vote went unheard

The Paraguayan Senate, at the heart of serious regional diplomatic dispute, voted by a solid majority against the incorporation of Venezuela as full member of Mercosur. Thirty one Senators rejected the Venezuelan Protocol of Adhesion, three supported it and eleven left the floor before the vote was taken.

Thursday, August 23rd 2012 - 01:59 UTC

OAS to dispatch mission to accompany and observe Paraguay’s political process

Insulza said that “political forces are operating quite normally” and that there is “a broad debate, among all the parties”

The Organization of American States (OAS) agreed on Wednesday to dispatch of a mission to Paraguay to accompany and observe the electoral process in the country that will conclude with the general elections of April 21, 2013.

Thursday, August 23rd 2012 - 01:52 UTC

“We need to prepare for war to live in peace”, says Paraguayan Defence minister

Maria Liz Garcia, Paraguay’s first woman defence minister

“We must prepare for war to live in peace” said Paraguay’s Defence minister Maria Liz Garcia in reference to the new geopolitical situation following the suspension of Paraguay as a member of Mercosur and Unasur.

Tuesday, August 21st 2012 - 18:43 UTC

Paraguay Electoral Tribunal officially announces April 2013 general election

President Franco announced that on 15 August 2013 he will fell honoured to hand over office and return home with his family

Paraguay officially announced holding elections on April 2013, when a new president and congress will be voted. The three branches of government attended the launching of the announcement that took place at the Superior Electoral Justice Tribunal on Tuesday, one day ahead of the OAS Permanent Council debate on “the Paraguayan situation”.

Tuesday, August 21st 2012 - 05:21 UTC

Ecuador ready for dialogue with UK, but with eyes on Friday’s OAS meeting

Minister Patiño willing to talk but….what about threats?

The Ecuadorean government reiterated on Monday that dialogue with UK on the Julian Assange case will continue once London officially “withdraws” the original message with threats. Quito also is hopeful that the coming OAS extraordinary meeting will ratify full support for Ecuador as has happened with other regional organizations.

Monday, August 20th 2012 - 01:42 UTC

Ecuador insists in Mercosur interest, but admits it will be a long process

Ambassador Sevilla Borja was interviewed in Brazil

Ecuador has reiterated its intention of joining Mercosur but this needs to be compatible with the rules from the Community of Andean Nations, CAN, (to which it now belongs) said Ecuadorean ambassador Horacio Sevilla Borja.


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