Paraguay

• Tuesday, May 22nd 2012 - 05:56 UTC

  UK company begins hydrocarbons prospecting in the Paraguayan Chaco

  

  Amerisur Resources Plc, the oil and gas producer and explorer announced on Monday it has received a Prospecting Permit by Paraguay’s Ministry of Public Works and Communications for the Espartillar block in the Paraguayan Chaco.

• Monday, May 21st 2012 - 06:39 UTC

  Taiwan demands from Latam allies “fair, legal and effective” cooperation relation

  

  Taiwan will continue to cooperate with Latin America as long as the relation is fair, legal and effective, said re-elected president Ma Ying Jeou who also described that links with Beijing will continue to be: “no unification, no independence and no arms”.

• Wednesday, May 16th 2012 - 22:19 UTC

  Paraguay’s beef exports picking up after two outbreaks of FMD

  

  Paraguay’s meat exports totalled 285 million dollars in the first four months of the year, which makes it the second best four-months for the industry in recent years, said German Ruiz, head of the country’s Rural Association.

• Wednesday, May 9th 2012 - 20:56 UTC

  Mercosur “going through its worst moment in history” claims Uruguay

  

  Uruguay’s Vice-president Danilo Astori said Mercosur is going through its worst moment in history because some of its members in practical terms “are denying the most basic principles”.

• Tuesday, May 8th 2012 - 02:06 UTC

  Mercosur “needs to be reborn” with an honest integration spirit, says Cardoso

  

  Brazilian former president Fernando Henrique Cardoso said that Mercosur “needs to be reborn but with a real integration spirit among its members” leaving behind such ambitions as the mirror of the European Union.

• Thursday, April 26th 2012 - 23:34 UTC

  Russia and Brazil main buyers of Paraguayan beef in spite of FMD

  

  Paraguay refrigerated beef exports to Brazil soared 202% during March compared to a year ago and is turning the giant neighbour into the main partner for the item replacing Chile, which ceased purchases following an outbreak of Foot and mouth disease a few months ago.

• Tuesday, April 17th 2012 - 20:04 UTC

  IMF estimates less growth (3.5%) and higher prices (7.4%) for Uruguay in 2012

  

  Uruguay growth estimate has been downed for 2012 while prices will be higher, according to the latest IMF World Economic Outlook released on Tuesday. The economy is set to grow 3.5% down from 4.2% while prices will climb to 7.4% compared to the 6.5% estimate of the previous WEO last September.

• Wednesday, April 11th 2012 - 06:38 UTC

  Paraguayan economy forecasted to suffer a strong contraction this year

  

  The economy of Mercosur junior member Paraguay, is set to remain flat or even suffer a slight contraction in 2012 after several years of sustained growth announced on Tuesday the country’s central bank.

• Wednesday, March 21st 2012 - 04:41 UTC

  Next Mercosur summit in Mendoza, June 26/28; Brazil takes the relay

  

  The next Mercosur presidential summit is scheduled to take place next 26/28 June in the city of Mendoza, when the rotating chair will be handed for the following six months to Brazil.

• Sunday, March 18th 2012 - 19:59 UTC

  Paraguay calls on Argentina for “reflection and dialogue” regarding trade restrictions

  

  The Paraguayan government called for “reflection and dialogue” from the Argentine government in order to find a solution to the commercial restrictions in place on imported products, “we don’t need any more walls”.