Stories for 2024

Monday, July 22nd 2024 - 19:54 UTC
Paraguay's first 30 electric buses to be delivered this year

The first 30 electric buses of Asunción's public network will be operational before the end of 2024, Deputy Transport Minister Emiliano Fernández announced Monday after a meeting with experts from the Taiwanese company building the vehicles. President Santiago Peña has pledged that 1,000 of these units would become available shortly.
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Monday, July 22nd 2024 - 11:37 UTC
European Central Bank leaves rate unchanged, waiting for September data

The European Central Bank (ECB) left its main interest rate unchanged at 3.75%, but president Christine Lagarde indicated that an interest rate cut is possible at its next meeting in September. However in her media conference following last Thursday announcement warned that risks to growth persist.
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Monday, July 22nd 2024 - 10:47 UTC
Obama not endorsing Harris' candidacy

After US President Joseph Biden announced he would be stepping down from his reelection campaign and would endorse Vice President Kamala Harris picking up the Democratic Party's baton, silence on the part of the former head of State Barack Obama -under whom Biden served twice as VP- and former House Speaker Nancy Pelosi caught the attention of political analysts in Washington DC.
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Monday, July 22nd 2024 - 10:41 UTC
Argentine Air Force mounting training center for pilots and ground crews of the F16s

As part of the process of the combat aircraft F-16A/B incorporation process to the Argentine Air Force, the government has published in the Official Gazette an invitation to tenders for the construction of a new instruction center at the IV Air Brigade in Tandil where the second-hand aircraft from the Danish Air Force, will be stationed.
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Monday, July 22nd 2024 - 10:40 UTC
Biden calls it quits - opens door to host of doubts

US President Joseph Biden finally succumbed to mounting pressure and dropped his reelection bid Sunday, which had already been heralded as the likely outcome for the weekend. The 81-year-old leader endorsed Vice President Kamala Harris to pick up the nomination as the Democratic Party debates whether to endorse her or hold some sort of primary election.
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Monday, July 22nd 2024 - 10:40 UTC
Israeli newspaper links former Paraguayan President and VP to Hezbollah's finances

An article published during the weekend by the Israeli English-language newspaper The Jerusalem Post written by Peter Marko Tase mentioned former Paraguayan President Horacio Cartes as it delved into the subject of “South American facilitators” who amplify Hezbollah's threat. The founder of the Azerbaijan-US Economic and Educational Council, Tase is an expert in South American geopolitics who has authored various books on international relations.
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Monday, July 22nd 2024 - 10:11 UTC
IMF Chief visits Paraguay's tourist attractions

International Monetary Fund Managing Director Kristalina Georgieva Sunday visited the Itaipú Hydroelectric Power Plant and other Paraguayan tourist attractions before starting a series of engagements in the South American country this week. Her agenda includes encounters with government officials, women leaders, and representatives of civil society and the private sector. Georgieva underlined Paraguay's stability and Itaipú's role in this achievement.
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Monday, July 22nd 2024 - 08:24 UTC
Bolivian gov't planning new moves to tackle soaring US dollar

The Bolivian Government of President Luis Arce Catacora is taking bold steps to keep the exchange rate between the local currency and the US dollar from soaring any further, Planning Minister Sergio Cusicanqui said Sunday. “In view of the speculative scenario of the US currency, it is necessary to examine what is happening and take other measures from the Government,” the minister explained.
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Monday, July 22nd 2024 - 08:12 UTC
Milei wants retirement age of Argentines raised

The Argentine Government of President Javier Milei is reportedly planning to raise the retirement age of women to equate it with that of men, among other initiatives to be brought before Congress in the coming month by the newly-created May Council, a political committee provided for in a presidential decree last week after the “May Pact” signed earlier this month in Tucumán.
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Saturday, July 20th 2024 - 12:23 UTC
Argentine VP's comments said to be a personal view

Argentine Presidential Spokesman Manuel Adorni said Friday that Vice President Victoria Villarruel's posting on X in support of international footballer Enzo Fernández over his controversial video celebrating the Copa America victory with a chant that could be interpreted as homophobic and racist “was an unfortunate comment” that in no way represents the views of Casa Rosada and showed only the Senate Speaker's personal views.
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