Paraguay

• Friday, April 10th 2009 - 05:49 UTC

  Brazil offers a billion USD in projects to compensate for Itaipu energy

  

  The Brazilian government is planning to offer a financing package worth one billion US dollars for industrial projects in Paraguay, local financial newspaper Valor Economico reported this week. According to the newspaper, which cited unnamed sources, the financing will be offered through Brazil's National Development Bank, or BNDES.

• Friday, April 10th 2009 - 05:30 UTC

  Easter present for Paraguayan president: a paternity suit

  

  Paraguay’s Christina Democrat party reiterated “full confidence” in President Fernando Lugo who faces a paternity suit alleging that a son was born to the former Roman Catholic bishop five months after he abandoned the church for politics.

• Tuesday, April 7th 2009 - 11:34 UTC

  Argentina, Paraguay, Bolivia, Ecuador sign defence accord

  

  Argentina, Paraguay, Bolivia and Ecuador signed Monday in Asuncion an agreement for cooperation in security matters which not only involves “associating” for the procurement of equipment, but defence of sovereignty and territorial integrity and preannouncement of military exercises.

• Tuesday, April 7th 2009 - 09:28 UTC

  Insecurity helping to push farmland prices in Paraguay down

  

  The prize of farmland in Paraguay has fallen significantly because of insecurity and the slide in international prices for oil seeds, mainly soybeans, according to a report from the head of the Agronomy Department at the University of Asunción, Ricardo Garay.

• Saturday, March 28th 2009 - 08:31 UTC

  Paraguay-Brazil Itaipú energy dispute is “like Panama Canal negotiation”

  

  Paraguay rejected this week Brazil’s proposals regarding the non renegotiation of the Itaipú treaty which regulates energy production from South America’s largest hydroelectric dam shared by the neighbouring countries.

• Friday, March 27th 2009 - 16:23 UTC

  Paraguay: not much to celebrate on 18th anniversary of Mercosur

  

  Mercosur “has not advanced sufficiently to promote symmetries” said Paraguayan president Fernando Lugo on Thursday during a ceremony at the Executive palace to commemorate the 18th anniversary of the signing of the South American customs union made up of Argentina, Brazil, Uruguay and Paraguay.

• Saturday, March 14th 2009 - 14:54 UTC

  Paraguay is asking Brazil to pay 16 times more for Itaipú energy

  

  Paraguay is a poor country and is fighting for a fair market price for its share of energy generated at South America’s largest hydroelectric dam shared with Brazil. “Somehow we are subsidizing Brazil’s energy”, said Paraguayan president Fernando Lugo in an interview with the Spanish daily El Mundo.

• Thursday, March 12th 2009 - 04:25 UTC

  Paraguayans consume eight times more beer than milk

  

  Beer consumption in Paraguay is eight times that of milk according to the Paraguayan Chamber of Dairy Industries based on information from the Pan-american Health Organization.

• Sunday, January 25th 2009 - 20:00 UTC

  “Low intensity” dengue epidemics in Paraguay

  

  The Paraguayan government admitted a “low intensity” dengue epidemics following 360 cases reported in hospital emergencies of which 179 remain highly “suspicious” of having been contaminated by the mosquito transmitted disease.

• Tuesday, January 20th 2009 - 20:00 UTC

  Paraguay requesting 300 million USD to finance 2009 budget

  Mercosur weakest member, landlocked Paraguay will be appealing for funds from multilateral organizations to balance this year's budget, announced Finance minister Dionisio Borda.