Paraguay

Friday, December 2nd 2022 - 10:56 UTC
Paraguay rules out a Mercosur breakup and calls for consensus on decisions

Paraguayan Foreign Minister, Julio César Arriola, ruled out on Thursday a break up within the Southern Common Market (Mercosur) and ratified that his country supports that the decisions of that integration mechanism be adopted jointly and by consensus.
Thursday, December 1st 2022 - 10:55 UTC
Paraguayan President critical of Uruguay's plan to join other trade blocs

Paraguay's President Mario Abdo Benítez Wednesday said that Uruguay's negotiating trade deals outside Mercosur were detrimental to the South American bloc's “essence.”
Wednesday, November 30th 2022 - 17:55 UTC
Lacalle's bold diplomacy compromises future of Mercosur

Mercosur is facing yet a new crisis stemming from Uruguayan President Luis Lacalle Pou's eagerness to join any foreign trade alliance no matter what.
Monday, November 28th 2022 - 21:48 UTC
Price of fuel in Paraguay keeps falling

The price of fuel at pumps in Paraguay has gone down twice in November of 2022 after a ₲ 100 (US$ 0,014) reduction per liter was announced over the weekend.
Friday, November 25th 2022 - 08:31 UTC
IMF unveils guidelines for Paraguay to unblock foreign financing

The Executive Board of the International Monetary Fund (IMF) has approved this week a technical two-year support program for Paraguay regarding macroeconomic policies.
Wednesday, November 16th 2022 - 10:35 UTC
Paraguay not bowing to global pressure against cattle farming

Paraguay's delegation attending the COP27 climate summit at the Egyptian Red Sea resort of Sharm El-Sheikh Tuesday announced that the South American country would not endorse any collective statement curbing livestock farming.
Saturday, November 12th 2022 - 13:19 UTC
South American Corporation to bid for 2030 World Cup created

The governments of Argentina, Uruguay, Chile, and Paraguay Friday launched the Corporación Juntos 2030, a body to jointly bid for the hosting of the 2030 football World Cup.
Thursday, November 10th 2022 - 10:10 UTC
Paraguayan foreign traders concerned over Waterway toll

Officials and exporters in Asunción continue to object to Argentina's announcement that shipments through the Paraná River Waterway will have to pay a toll, which would generate an extra cost of 7%.
Friday, November 4th 2022 - 10:45 UTC
Paraguay denies negotiations with UK regarding migrants

Paraguayan authorities Thursday denied press reports that British Home Secretary Suella Braverman had been brokering a deal whereby migrants arriving in the United Kingdom through the English Channel would be relocated to the South American country.
Tuesday, November 1st 2022 - 09:53 UTC
Inflation forecast adjusted downward in Paraguay

Paraguay's Central Bank lowered its inflation forecast for this year from 8.8% to 8.6%, it was reported Monday in Asunción. Meanwhile, Consumer Price Index (CPI) projections for 2023 remained unchanged from the BCP's previous outlook at 4.1%.