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Montevideo, January 28th 2026 - 00:51 UTC

Paraguay

  • Thursday, November 14th 2024 - 04:21 UTC

    Paraguay records US$ 57 million foreign trade surplus in October

    Imports went up and exports went down last month

    Central Bank of Paraguay (BCP) foreign trade (Comex) report released Wednesday in Asunción showed a US$ 57.1 million surplus last month after exports amounted to US$ 13.6649 billion against imports worth US$ 13.6077 billion. In other words, sales fell 4.5% yoy while purchases grew 5.1%.

  • Wednesday, November 13th 2024 - 09:30 UTC

    Fall in unemployment reported in Paraguay

    The INE also found that people on a salary outnumbered those self-employed

    Paraguay's Labor Ministry confirmed this week a fall in unemployment after nearly 57,000 people found new jobs during this year's third quarter. Between April and June, there were 2,849,766 registered workers and the number went up to 2,906,475 between July and September, the Labor Observatory pointed out. Of the 56,709 new jobs, around 41,000 stemmed from the private sector.

  • Tuesday, November 12th 2024 - 10:09 UTC

    German Consul in Asunción killed in multiple-car crash

    At the time of impact, Consul Blumenröther was in the car's back seat with her 4-year-old son in her arms

    Germany's Consul General in Asunción (Paraguay) Kristin Blumenröther was killed Sunday in a multiple-car crash on the Luque-San Bernardino road known as Ecovía in which her husband and one of the children also perished. The couple's other child survived the accident and is hospitalized. The Paraguayan administration of President Santiago Peña extended its condolences to Blumenröther and the German Government.

  • Saturday, November 9th 2024 - 10:29 UTC

    Paraguay joins Lula's Global Alliance Against Hunger

    Asunción will henceforth focus on “Zero Hunger in Schools” to support family farming and micro, small, and medium-sized enterprises, among other undertakings

    The Paraguayan Government of President Santiago Peña Friday announced the South American country's “formal and voluntary” adherence to the Global Alliance Against Hunger and Poverty, an initiative fostered by Brazilian President Luiz Inácio Lula da Silva during his current G20 rotating leadership.

  • Wednesday, November 6th 2024 - 21:25 UTC

    World leaders congratulate Trump on his win - still not Harris

    Trump declared victory early Wednesday and announced that America's golden age lay ahead

    While leaders from the world over have congratulated Republican candidate Donald J. Trump on his electoral win on Tuesday which has earned him a second 4-year term at The Oval Office, Vice President Kamala Harris is yet to acknowledge defeat, as is customary in these cases. Perhaps Trump himself was the only one to break that tradition four years ago when rumors of vote count-rigging still gave him hope against Joseph Biden.

  • Monday, November 4th 2024 - 09:07 UTC

    Paraguay recalls yellow fever vax mandates are still in force

    The vaccines need to be applied 10 days in advance

    Paraguay's National Secretariat of Tourism (Senatur) recalled Sunday that the measure requiring a certificate attesting to the traveler's vaccination against yellow fever was still in force in cases of high-risk destinations.

  • Saturday, November 2nd 2024 - 10:26 UTC

    Paraguay wants to strengthen ties with UK

    Ramírez and Matthews met on the sidelines of a convention in Montreal to address the Ukrainian War crisis

    Paraguay's Foreign Minister Rubén Ramírez Lezcano had a busy week in Montreal, Canada, where he participated in the Ministerial Conference on the Human Dimension of the Ukraine Peace Formula and met with British Foreign Office Director General for Latin America Harriet Matthews on the event's sidelines, among other engagements.

  • Thursday, October 31st 2024 - 10:19 UTC

    BCP intervention keeps guaraní afloat against US dollar

    But Paraguay's economy faces other challenges such as the neverending downspout pushing freight costs upwards

    After an intervention by the Central Bank of Paraguay (BCP) deemed as “timely” in Asunción's financial circles last week, the local currency appreciated against the US dollar and fell further away from the psychological ₲ 8,000 barrier. The BCP pledged to further inject at least US$ 15 million daily into the market, to stabilize the local currency. The dollar went up 9% against the guarani in 2024, largely driven by demand for the dollar in the international market and by local exchange needs.

  • Monday, October 28th 2024 - 07:45 UTC

    Argentine mayor says hitmen chased him while in Paraguay

    Basualdo insisted he was not aligned with Insfrán's faction within Formosa's Peronist Party

    Atilio Basualdo, the Mayor of the Argentine city of Las Lomitas in the province of Formosa said Sunday that hitmen had tried to kill him while visiting neighboring Asunción in Paraguay on Saturday afternoon. He also hinted Formosa's Peronist Governor Gildo Insfran could have been involved.

  • Saturday, October 26th 2024 - 10:59 UTC

    Paraguay's Central Bank to take action keeping US dollar from further soaring

    Argentine and Bolivian nationals purchasing large sums were one of the causes for the surge, it was argued

    Paraguay's Central Bank (BCP) announced Friday that it would adopt additional measures to keep the US dollar from soaring further against the local guaraní after crossing the US$1 / ₲ 8,000 barrier on Thursday. Starting next week, the BCP will pour US$15 million daily into the exchange market to keep the quotation at bay.