Tag: Paraguay

Paraguay
Thursday, December 18th 2014 - 04:25 UTC

Paraguay's objections prevent Bolivia from full Mercosur membership

President Evo Morales will still have to wait to see Bolivia fully admitted into Mercosur due to objections raised by Paraguay.

CFK says regional integration not a problem for worldwide integration, labels marketplace a euphemism as the decline in oil price conceals geopolitical interests of other countries

Tuesday, November 11th 2014 - 04:34 UTC

Minister Swire underlines business opportunities for UK companies in Paraguay

Swire recalled British engineers helped transform Paraguay into one of the leading industrial powers in the region: railways, shipyards, a foundry and an arsenal.

UK Minister for Latin America, Hugo Swire, spoke of the growing presence of UK in Latin America and more specifically on the expanding links with Paraguay. Minister Swire said UK was determined to deepen its commercial ties with a rising Latin America and described Paraguay as a perfect trade and investment partner for UK, particularly since British oil industry has struck oil in the Chaco region.

Tuesday, October 21st 2014 - 06:24 UTC

UK company confirms discovery of oil in the Paraguayan Chaco

“Whilst we are most satisfied with this discovery, President is now focused on drilling down to the original target which still lies in front of us”, said Levine

President Energy announced on Monday it has discovered good oil-bearing zones at its Lapacho drill in the Paraguayan Chaco and confirms strong hydrocarbon pay at its Jacaranda well.

Tuesday, September 16th 2014 - 05:28 UTC

Mercosur/Pacific Alliance foreign ministers plan to meet in Chile in November

“Mercosur must look outwards and stop looking at its belly button”, said Loizaga on announcing the meeting.

Foreign affairs ministers from Mercosur and the Pacific Alliance will be meeting next 24 November in Santiago de Chile to explore a possible integration between the two blocks according to Paraguay's foreign minister Eladio Loizaga.

Wednesday, September 10th 2014 - 04:29 UTC

Paraguay argues that soccer was first played by Guarani tribes, according to Jesuit reports

Jesuit chroniclers from the 17th, 18th Century wrote about a ball game played on foot called “mangai”.(Pic Conmebol)

The Guarani tribes that lived in South America in the 17th century used to play a sport similar to soccer when the Jesuits arrived to establish their missions, claims a video based on historical documents released by Paraguay’s Secretary for Culture. Entitled “The Guaranies invented soccer,” the video collects findings made by anthropologists who studied the Jesuits’ legacy in the country.

Monday, September 1st 2014 - 10:52 UTC

Paraguay becomes world's eight exporter of beef; Argentina drops to position 11

The Paraguayan Rural Association plans to double cattle slaughtering by 2020

Paraguay has moved to eighth world exporter of beef and is planning to double the number of cattle slaughtered by 2020, according to the country's Rural Association, ARP. Last year 2.2million head of cattle were slaughtered in Paraguay, and 73% of the beef was exported while the rest was domestic consumption.

Wednesday, August 13th 2014 - 05:28 UTC

Finally Cristina Fernandez is on an official visit to Paraguay

The Argentine president will be returning Triple Alliance war trophies: furniture and other belongings from Mariscal Francisco Solano Lopez

Argentine president Cristina Fernandez arrived Tuesday evening to Paraguay to begin early Wednesday an official visit which has been delayed several times. Besides the usual agenda discussions and accords signing with her peer Horacio Cartes, the visit will also have a strong symbolism since the Argentine president will be formally returning to Paraguay furniture and other belongings from one of the country's most revered leaders, Francisco Solano Lopez.

Wednesday, August 6th 2014 - 00:12 UTC

Paraguay sells 1 billion dollars in 30-year sovereign bonds

“Demand was three times the issue offered” revealed Cartes, who also called on public opinion to ensure “funds are effectively used for what they are meant”

Paraguay sold 1bn (one billion) dollars in 30-year bonds on Monday in New York, its second international debt issue in less than two years. President Horacio Cartes said in a statement that the issue's 6.1% yield is unprecedented for the country, and that the proceeds will be used for highway, building and energy infrastructure, as well as agricultural production.

Thursday, July 31st 2014 - 07:39 UTC

Mercosur divided on the Gaza Strip statement; Paraguay dissented

“Paraguay favors dialogue and rejects all forms of violence”, said Foreign minister Eladio Loizaga

Paraguay strongly objected a draft Mercosur declaration on Gaza which wanted to openly support Palestine and unilaterally condemn Israel's bombings and incursions, according to sources at the group's summit which took place Tuesday in Caracas.

Friday, July 25th 2014 - 06:09 UTC

Mercosur is 'not working' because of protectionism and lack of arbitration

Mujica said the block is stalled and blamed different 'visions' of how Mercosur should work

Mercosur is “not working” and is “stalled” admitted Uruguayan president Jose Mujica and blamed the situation on different visions of the block's functioning, according to an interview with Folha de Sao Paulo.

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