Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 19th 2025 - 03:54 UTC

Paraguay

  • Monday, November 13th 2023 - 10:55 UTC

    Private researchers underscore Paraguay's economic progress

    Paraguay's poverty went down from 45.1% in 2001 to 24.7% in 2022

    Private economic studies published recently showed Paraguay was on an upward trajectory. According to Banco Itaú, the South American country's economic activity expanded in the second quarter of 2023 following the normalization of agricultural production after a severe drought last year. In this scenario, the Gross Domestic Product (GDP) growth projection for the end of the year remained at 5.6%, the research showed.

  • Friday, November 10th 2023 - 11:10 UTC

    Treaty creating police force of the Americas signed

    Ameripol will be essential to fight transnational organized crime and terrorism, Rodrígues said

    A new organization for police cooperation on the American continent was agreed upon Thursday with the Treaty for the Constitution of the Police Community of America (Ameripol) which will act in line with Interpol criteria, Agencia Brasil reported.

  • Friday, November 10th 2023 - 11:08 UTC

    Mercosur Cultural signs declaration against racism

    Menezes handed over the pro-tempore presidency of Mercosur Cultural to Paraguay

    The Culture Ministers of the Southern Common Market (Mercosur) Thursday signed a declaration in Belém condemning racism, thus reaffirming the bloc's commitment to promoting ethnic-racial equality and combating racism in the region, Agencia Brasil reported.

  • Friday, November 10th 2023 - 10:02 UTC

    US market reopened for Paraguayan beef

    Peña made the announcement after meeting with Fernández in Asunción

    The United States has reopened its doors to Paraguayan beef after 25 years, President Santiago Peña announced Thursday together with US Undersecretary of State for Economic Growth, Energy and Environment José W. Fernández and US Ambassador Marc Ostfield, it was reported in Asunción.

  • Wednesday, November 8th 2023 - 09:01 UTC

    Peña praises ECLAC and wants more Chilean investments in Paraguay

    Paraguay is one of the countries with the highest per capita production of renewable energy in the world, Peña pointed out

    Paraguayan President Santiago Peña spoke Tuesday in favor of free trade and environmental protection during his appearance before the Economic Commission for Latin America (ECLAC) at its Santiago (Chile) headquarters.

  • Tuesday, November 7th 2023 - 08:25 UTC

    Biden envoy visiting Chile, Uruguay and Paraguay

    Fernandez’s presence is a move to neutralize China’s expansion in the region

    US Undersecretary of State for Economic Growth, Energy and Environment, José W. Fernández is on a South American tour with stops in Uruguay, Chile, and Paraguay to boost green energy developments in the region.

  • Monday, November 6th 2023 - 09:54 UTC

    Paraguayan President off to Chile for 3-day state visit

    The meeting between Peña and Boric is expected to mark the beginning of a new era in diplomatic ties between the two countries

    Paraguayan President Santiago Peña will be traveling to Santiago for a meeting with his Chilean colleague Gabriel Boric Font on Monday and a conference at the Economic Commission for Latin America and the Caribbean (ECLAC) on Tuesday, among other engagements. Peña will stay in the Chilean capital until Nov. 8, it was also announced.

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

    Paraguay just one notch short of Fitch's investment grade

    Inflation has fallen dramatically this year in Paraguay, Fitch also noted

    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

    The new government of President Santiago Peña has proven to be friendly 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

    Tickets to visit one of the natural wonders of the world are redeemable over the next 12 months

    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.