Former Chilean President Sebastián Piñera tragically passed away on Tuesday at the age of 74 in a helicopter crash in Lago Ranco, Chile. According to Chilean media reports, including ADN Radio, the accident occurred approximately 920 kilometers south of Santiago.
The Government of Paraguay made history Monday by issuing international bonds worth US$ 500 million for the first time in local currency, it was reported in Asunción. Paraguay makes history by issuing for the first time bonds in guaraníes in the international market. This means that from now on Paraguayan companies will be able to issue abroad, both in guaraníes and dollars, since they will have a reference interest rate to do so, President Santiago Peña said.
Media reports all across the Southern Cone Friday underlined the heat wave affecting Argentina, Brazil, Chile, Uruguay, and Paraguay with temperatures reaching 48 degrees Celsius and forecast to remain around or above 40 degrees for several days.
The Liberian-flagged freighter En May was removed on Friday from one of the pillars of the Zárate-Brazo Largo bridge that connects the Argentine provinces of Buenos Aires and Entre Ríos, where she got stuck after losing her steering capabilities last Sunday. Full navigation was thus restored on the Paraná River waterway.
The Standard & Poor's (S&P) rating agency Thursday raised Paraguay's grading from BB to BB+ after 10 years, Economy Minister Carlos Fernández Valdovinos announced. The news represented one more step towards obtaining an investment grade rating (a low risk of non-payment of debts), he also explained on social media.
According to an agreement signed by Paraguay's National Secretariat of Culture (SNC), the National Administration of Navigation and Ports (ANNP), and First Lady Leticia Ocampos, the Port of Asunción will become the country's most important cultural center, it was reported. The measure also seeks to reconvert and revamp the country capital's historic downtown, it was explained.
Paraguayan President Santiago Peña met Tuesday in Asunción with a British delegation to review possible sustainable investments in the South American country.
The Paraguayan Government of President Santiago Peña issued a statement Sunday condemning the Venezuelan Supreme Court (TSJ) decision to uphold the disenfranchisement of opposition leader María Corina Machado who has therefore been banned from running for the Miraflores Palace.
Although Paraguayan health authorities are already speaking of a dengue epidemic, particularly among children, the South American country's sanitary network has been reported to be ready for whatever lies ahead, even if combined with a surge of Covid-19 cases, it was reported in Asunción.
Foreign Ministers Omar Paganini and Diana Mondino agreed Wednesday during a one-on-one meeting in Asunción (Paraguay) that Uruguay and Argentina needed to move forward with the dredging of the 14-meter access channel to the port of Montevideo. Argentina's Mondino and Uruguay's Paganini met before the Meeting of Foreign Ministers of the Southern Common Market (Mercosur) in the Paraguayan capital.