Paraguay

• Friday, November 3rd 2023 - 08:59 UTC

  Paraguay just one notch short of Fitch's investment grade

  

  Paraguay was given a BB+ rating in Fitch's latest report, which is one step away from investment grade. Although in Asunción the South American country's Economy Ministry highlighted the achievement, the agency also warned about challenges in terms of credibility.

• Wednesday, November 1st 2023 - 10:10 UTC

  Paraguay increasingly attractive to direct investments

  

  According to the Central Bank of Paraguay (BCP), direct investment in the South American country reached a record US$ 725 million last year, it was reported Tuesday in Asunción.

• Tuesday, October 31st 2023 - 10:12 UTC

  Iguazú Falls closed to visitors as water levels rise above normal

  

  Due to recent heavy rains on the Brazilian side, the tourist attraction of the Iguazú Falls has been closed to visitors at least until Wednesday pending damage assessments given a water flow 16 times higher than usual, it was reported.

• Friday, October 27th 2023 - 08:53 UTC

  Paraguayan President involves OAS in Paraná Waterway crisis

  

  Paraguayan President Santiago Peña has filed a complaint with the Organization of American States (OAS) against Argentina's “unacceptable” and “protectionist” decision to impose tolls on barges passing through the Paraná River waterway. However, he failed to mention the neighboring country during his appearance before the continental body's Permanent Council.

• Tuesday, October 24th 2023 - 08:55 UTC

  Paraguayan president says regional integration will not stop due to Argentine elections

  

  During a speech at the Wilson Institute in Washington DC, Paraguayan President Santiago Peña highlighted the importance of Mercosur in the face of the recent Argentine elections - regardless of the outcome of the Nov. 19 ballot - and greenlighted China's approach to the bloc.

• Friday, October 20th 2023 - 10:34 UTC

  Drought hitting Chaco region concerns Paraguayan authorities

  

  Paraguayan authorities expressed their concern Thursday given the dramatic drought causing social, economic, and environmental devastation in the region of Chaco, which is also affecting parts of neighboring Bolivia, it was reported.

• Monday, October 16th 2023 - 08:47 UTC

  Paraguayan President expresses support to Israel

  

  Paraguayan President Santiago Peña Sunday conveyed his country's support to his Israeli colleague Isaac Herzog during a telephone conversation, it was reported in Asuncion.

• Wednesday, October 11th 2023 - 09:52 UTC

  Paraguayan prison inmates hold warden and guards hostage

  

  Luis Esquivel, warden of Paraguay's Tacumbú Prison, spoke early Wednesday from inside the penitentiary where inmates are holding him hostage together with 22 guards and said an answer from the Justice Ministry of Justice was needed for the situation to stop.

• Tuesday, October 10th 2023 - 10:53 UTC

  Paraguay activates Mercosur cooperation to evacuate Israel

  

  Paraguay's Foreign Ministry announced Sunday that a joint mechanism within Mercosur had been activated to rescue nationals of all member countries trapped in war-torn Israel.

• Tuesday, October 10th 2023 - 10:11 UTC

  Statements linking former Paraguayan President Cartes to Pecci's murder to be investigated

  

  Paraguay's Attorney General Emiliano Rolón announced Monday that statements linking former President Horacio Cartes (2013-2018) to the murder of anti-maffia Prosecutor Marcelo Pecci last year while honeymooning in Colombia were to be investigated.