Paraguay

Friday, May 25th 2012 - 21:37 UTC
Paraguay proposes India long-term plan to exchange food for investments and technology

Paraguayan president Fernando Lugo currently visiting India proposed an exchange of food for investment and technology. Lugo was received by President Pratibha Patil and later by Prime Minister Manmohan Singh.
Friday, May 25th 2012 - 07:01 UTC
Three former presidents admit Mercosur has failed and has Uruguay ‘trapped’

Three former Uruguayan presidents recommended the current administration that without abandoning Mercosur, it should look at major trade blocks associations but at the same time a strong self criticism is needed because maybe the problem is not in Mercosur but in Uruguay.
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.