Paraguay

• Friday, November 6th 2009 - 03:41 UTC

  Paraguay’s president ends coup rumours replacing military commanders

  

  Paraguayan President Fernando Lugo put an end Wednesday to rumors circulating the capital Asuncion about a possible coup by replacing all top military commanders. The announcement came from the armed forces themselves, not the president's office.

• Friday, October 30th 2009 - 03:17 UTC

  China offering to invest and create jobs in Taiwan friendly Paraguay

  

  A delegation of Chinese private businessmen met this week with Paraguay’s president Fernando Lugo with the purpose of expressing their interest in investing in the country, more precisely in the manufacture of cellular phones, batteries and battery chargers.

• Saturday, October 24th 2009 - 07:19 UTC

  Paraguayan congress approves Itaipú treaty with Brazil

  

  The Paraguayan Senate approved by an ample majority the agreement with Brazil which represents a higher financial compensation for Paraguay from Itaipú, the world’s largest operational hydroelectric dam, a long standing claim which was addressed in several summits between presidents Lula da Silva and Fernando Lugo.

• Friday, October 9th 2009 - 10:04 UTC

  Paraguayan president says he “does not want or wish” his re-election

  

  “I don’t want nor do I wish my re-election” said Paraguayan president Fernando Lugo on Thursday. However he did admit he favoured the review of some of the Constitution’s articles.

• Saturday, September 26th 2009 - 06:25 UTC

  Paraguayan economy contracts for second quarter running

  

  Mercosur junior member Paraguay’s economy again plunged in the second quarter of this year, 4.3%, compared to a year ago, almost the same percentage contraction as in the first quarter, 4.2%, according to the latest release from the country’s Central Bank.

• Saturday, September 12th 2009 - 11:51 UTC

  Paraguayan farmers anticipate record soy crop for this season: 7 million tons

  

  Paraguayan soy bean farmers estimate that this year’s crop (2009/2010), which begins to be planted at the end of the month, could reach a new record close to seven million tons given the good climate prospects and producers enthusiasm.

• Friday, September 11th 2009 - 07:43 UTC

  Paraguay and Bolivia agree on military expenditure

  

  Paraguay said it was satisfied with Bolivia’s explanations regarding the neighbouring country’s plans to purchase arms and reinforce its military garrisons. The statement follows a Thursday meeting of the two countries Foreign Affairs and Defence ministers in Asuncion, capital of Paraguay.

• Thursday, September 10th 2009 - 04:57 UTC

  Paraguay soy bean exports plunge 46% in eight months of 2009

  

  Paraguay soy bean exports have plummeted during the first eight months of the year according to official data released Wednesday in Asunción.

• Wednesday, September 9th 2009 - 10:25 UTC

  The priest of Paraguay and the Catholic Church in Latinamerica

  

  “The Priest of Paraguay: Lugo and the change in Latin America” is the name of the book recently launched in London and dedicated to the current president of the landlocked country former bishop Fernando Lugo.

• Thursday, August 27th 2009 - 15:39 UTC

  Paraguay interested in discussing “arms race” at the Unasur summit

  

  Conflict hypothesis and arms race in the region must also be included in the context of the controversy over US forces in Colombian bases during the coming Unasur (Union of South American Nations) summit in Argentina, according to the Paraguayan government official position.