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Montevideo, July 1st 2025 - 07:50 UTC

Paraguay

  • Monday, December 2nd 2024 - 09:23 UTC

    US dollar at bay in Paraguay but expected to grow

    Household consumer credit also went up, the BCP reported

    The US dollar retreated against the Paraguayan guaraní at the end of November but local analysts believe it will keep its upward trend in the days to come. An intervention from the Paraguayan Central Bank (BCP) was needed in October to keep it from crossing the ₲ 8,000 barrier and keep it on a leash to close Friday at ₲ 7,760 from ₲ 7,860 the previous month, thus representing a 1.2% decline.

  • Thursday, November 28th 2024 - 10:27 UTC

    IDB grants funding for Paraguayan environmental undertaking

    The project will contribute to the recovery of degraded areas and improve the conditions of Lake Ypacaraí

    Paraguay has been granted US$ 154 million in loans from the Inter-American Development Bank (IDB) plus a US$ 7.7 million non-refundable contribution through the IDB CLIMA program, the Economy Ministry in Asunción announced Wednesday. The funding is to be allocated to improving the environmental conditions of the Ypacaraí Lake basin, in Central Paraguay, it was also explained.

  • Thursday, November 28th 2024 - 10:23 UTC

    Latin American Forum of Ideas 2024 kicking off in Asunción

    Former Uruguayan President Luis Alberto Lacalle Herrera will be among the event's attendees, it was announced

    Former Presidents and experts in various fields are to convene on Thursday and Friday at Asunción's Sheraton Hotel for the Latin American Ideas Forum (FLI) 2024, a space for innovation and international cooperation under the motto “Connecting the present with the future of Latin America”.

  • Thursday, November 28th 2024 - 10:13 UTC

    Paraguayan carrier cleared to serve Argentine city of Córdoba

    Paranair's permit includes both passenger and cargo services

    Paraguayan carrier Paranair, which already operates a domestic segment within Uruguay, has been authorized by the Argentine Government of President Javier Milei to serve the Asunción-Córdoba-Asunción route, it was published Wednesday in Buenos Aires' Official Gazette.

  • Tuesday, November 26th 2024 - 21:51 UTC

    Paraguay does not accept any harm to its production

    Paraguay is leading the negotiations for an FTA with the United Arab Emirates, Peña underlined

    Paraguayan President Santiago Peña pledged to “firmly” defend his country's meat in the face of recent statements by Carrefour CEO Alexandre Bompard, who refused to continue selling meat from Mercosur countries.

  • Friday, November 22nd 2024 - 10:53 UTC

    Milei regrets ICC's measure against Netanyahu

    Israel has an ally in Argentina, insisted Milei

    Argentine President Javier Milei Thursday expressed his “profound disagreement” with the arrest warrant issued by the International Criminal Court (ICC) against Israel's Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant. In the Libertarian leader's view, the ruling “distorts the spirit of international justice.”

  • Thursday, November 21st 2024 - 10:03 UTC

    Paraguay's ruling party to tackle corruption within its ranks

    The ANR has many political leaders under the microscope, such as former President Horacio Cartes, who has been declared as “most corrupt” by the US

    Paraguay's ruling National Republican Association (ANR) -also known as the Colorado Party- Wednesday approved a series of amendments to its internal code of ethics to target potential candidates linked to money laundering. Other initiatives included the possibility of online membership.

  • Tuesday, November 19th 2024 - 21:15 UTC

    Paraguayan President says he is okay after Monday's hospitalization

    Peña shifted the spotlight from his health crisis onto sporting events

    Paraguayan President Santiago Peña Tuesday shared a video message on social media saying he had fully recovered from Monday's health crisis that had him hospitalized while attending the G20 Summit in Rio de Janeiro.

  • Tuesday, November 19th 2024 - 08:14 UTC

    Paraguayan President hospitalized during Rio G20 with chest pains

    An ECG test showed some alterations so Peña will remain at the medical facility for now

    Paraguayan President Santiago Peña was admitted into Rio de Janeiro's Hospital Samaritano Monday while attending the G20 Summit as a guest. The 46-year-old South American leader will remain at the healthcare facility pending the outcome of a series of medical tests after feeling chest pains, Vice President Pedro Alliana said on social media.

  • Monday, November 18th 2024 - 09:18 UTC

    Presidents of Bolivia and Paraguay arrive in Rio for G20 guest appearances

    It will be the first G20 for Paraguay's and Bolivia's Arce

    Presidents Luis Arce Catacora of Bolivia and Santiago Peña of Paraguay landed Sunday night in Rio de Janeiro to participate as a guest of the G20 Summit, to be held between Nov. 18 and 19 in the former Brazilian capital.