Paraguay Mercosur junior member and one of the poorest countries in South America (per capita income 4.500 US dollars) has gained more from world soaring food prices in terms of the boost to its trade balance than any other nation in the region.
Paraguay's new government of president Fernando Lugo claims the outgoing administration of Nicanor Duarte committed all sort of irregularities adding to millions of dollars before abandoning office, including the theft of the presidential chair.
An indigenous woman in Paraguay who says she was sold into forced labour as a girl has been made minister for indigenous affairs.
Paraguay's new leftist president returned Saturday to the province where he spent 11 years as bishop, and pledged to raise living standards by eradicating poverty and corruption in one of South America's poorest nations.
Former bishop Fernando Lugo was inaugurated Friday as Paraguay's president, ending six decades of one-party rule. Tens of thousands of Paraguayans cheered as the tie less, sandal-clad Lugo raised his hand in the air and was sworn in, addressing the crowd in both Spanish and the Guarani indigenous language from a huge stage in front of Congress.
Taiwan's president Ma Ying-jeou begins this week his first overseas visit to three Latinamerican countries some of the very few left in the world that still recognise the Republic of China (Taipei).
Land distribution promises to become the main immediate challenge for Paraguay's elected president Fernando Lugo who takes office on Friday. An estimated 300.000 peasant families are expecting to be given a lot of land and their organizations are impatient.
Next August 15 a major event will be taking place in one of South America's poorest and most forgotten countries: Paraguay.
Bishop Fernando Lugo will be taking the presidential oath, but even more significant the Partido Colorado which has had a hegemonic domination of the country's politics for the last six decades has accepted defeat and will take refuge in the elected Congress and whatever remnants of power it has in the bureaucracy.
Paraguay's elected president former bishop Fernando Lugo said he receives a devastated country with no institutions, and claimed there is a plan to destabilize his administration which takes office next August 15.
Land reform stands out as the single biggest issue for Paraguay, a landlocked country of just under 7 million people, where one percent of the population controls 77% of the arable fields.