Paraguay's cancer-stricken president Fernando Lugo is “lucid, ”perfectly fine” and will not require surgery at this point, his doctor said Sunday. The president is currently undergoing treatment at the Syrian-Lebanese Hospital in San Paolo, Brazil.
Rio Tinto Alcan presented the Paraguayan government a project for the construction of an industrial park which is to complement the aluminium plant it is planning to start in the land-locked Mercosur member country.
Landlocked and Mercosur member Paraguay will formally complain to its peer Argentina the non consulted and unilateral decision to build a canal adjacent to a shared river that acts as a natural border and provides both sides’ agriculture and ecosystems with a vital water supply.
Paraguayan president Fernando Lugo undergoing treatment for a lymphatic cancer is limiting activities to “administrative affairs” while a growing number of opposition lawmakers are seriously considering requesting his resignation or a larger share of responsibilities with his Vice-President Federico Franco.
Foreign tourists left an estimated 204 million US dollars in land-locked Paraguay in 2009, according to figures made public by the head of the Tourism Office Liz Cramer, during a seminar held this week at the Central Bank.
Under the heading of “Latin America’s impressive little guys, Uruguay and Paraguay”, the Financial Times praises the two countries for “punching above their weight” and catching the attention of foreign corporate investors.
Paraguay has already vaccinated 74% of its cattle heard against foot and mouth disease FMD, which is considered very positive, but there are lingering doubts about the sanitary situation in Bolivia that remains a threat for Mercosur, the world’s leading exporter of beef.
Argentina’s Foreign Affaire minister Hector Timerman announced Tuesday in Asuncion the construction of two new bridges linking Argentina with Paraguay and the upgrading of an existing one.
Paraguay raised its 2010 economic growth forecast to 9% from 6% on an improved agricultural production outlook, the central bank said this week. This would be the Paraguayan economy largest annual expansion in almost three decades.
Mercosur junior member Paraguay exported over 100.000 tons of beef generating 395 million US dollars during the first seven months of 2010, according to the country’s National Animal Health and Food Quality Service, Senacsa.