Paraguay

Sunday, March 27th 2011 - 05:13 UTC
Paraguayan economy expands an all time record of 15.3% in 2010

Boosted by agriculture Paraguay's economy grew an all time record of 15,3% in 2010, following on a 3.8% contraction in 2009, according to the latest release from the Central bank.
Friday, March 25th 2011 - 02:17 UTC
Academic seminar in Paraguay to celebrate 20 years of Mercosur

An academic seminar “20 years of Mercosur” will be the main celebration of the twentieth anniversary of the South American trade block, unable to convene political figures from the four full member countries to commemorate the 26 March 1991 founding charter or Asuncion Treaty.
Tuesday, March 22nd 2011 - 22:17 UTC
Brazilian president conditions pending visit to Paraguay

President Dilma Rousseff will not be visiting Paraguay until the Brazilian Congress approves the Itaipú reversal notes which establish a greater compensation for surplus power purchased from Paraguay by Latin America’s energy hungry largest economy.
Tuesday, March 22nd 2011 - 19:46 UTC
Paraguay’s “sausage-making” foreign policy has a new minister, Lara Castro

Paraguay has a new Foreign Affaire minister, Jorge Lara Castro who until now was Deputy to Hector Lacognata and who had presented his resignation three weeks ago.
Tuesday, March 22nd 2011 - 08:48 UTC
“Not even dressed as Father Christmas” will Chavez make it to Mercosur

“Not even dressed as Father Christmas can president Hugo Chavez make Venezuela become a member of Mercosur”, according to a 2009 Wikileaks cable quoting Paraguay’s Foreign Affairs minister Hector Lacognata during an informal talk with US ambassador in Asuncion Liliana Ayalde.
Tuesday, March 8th 2011 - 02:05 UTC
Uruguayan investors purchased 1.1 million hectares in the Paraguayan Chaco

Uruguayan investors have purchased an estimated 1.1 million hectares in the Paraguayan Chaco, (heartland of landlocked Paraguay) in spite of the fact land prices have quadrupled in the last two years. The record year was 2010 with 200.000 hectares.
Thursday, March 3rd 2011 - 21:48 UTC
Venezuela, Mercosur, Unasur top of the agenda for Paraguay’s Congress

The Paraguayan government announced Thursday it will insist with the Congressional approval of Venezuela’s incorporation to Mercosur, which remains stalled at the country’s Legislative branch.
Monday, February 28th 2011 - 01:21 UTC
Paraguay exported more beef than Argentina in 2010

Paraguay overtook Argentina as beef exporter in 2010 confirming the country’s loss of leadership in the world’s meat markets, according to reports in the Argentine and Paraguayan media.
Friday, February 18th 2011 - 04:43 UTC
Paraguay fearful of “Brazilian dominance” reveals Wikileaks cable

Paraguay expressed deep concern about “Brazilian dominance” in South America, reveals a diplomatic cable exposed by Wikileaks and reproduced this week by the Brazilian portal ‘Opera Mundi’.
Monday, February 14th 2011 - 21:50 UTC
Political agreement in Paraguay to impose export levies on soybeans and beef

The Paraguayan government is working with Congress to agree on budget cuts and possible tax increases, (levies on beef and soybean exports) that should help balance 2011 expenditure and revenue.