Nicaraguan President Daniel Ortega ordered the seizing of all assets belonging to the Central American University (UCA) which was accused of “terrorism,” it was reported in Managua. The educational institution was run by the Jesuit community.
The 44-year-old economist Santiago Peña was sworn in Tuesday as the new president of Paraguay during a ceremony at Asunción's López Palace attended by several current and former South American and world leaders.
Libertarian Congressman Javier Milei, who was the most-voted candidate in Sunday's Open, Mandatory, and Simultaneous Primary (PASO) elections, said he was ready to take over the helm at Casa Rosada at once should President Alberto Fernández and his constitutional successors step down ahead of the Dec. 10 schedule.
Russia's 's central bank hiked its key interest rate to 12% on Tuesday. The 3.5 percentage point rise represents a bid to fight high inflation and the sharp depreciation of the country's currency against the US dollar.
A key project to connect the ports of the Brazilian Atlantic with those of the Chilean Pacific, crossing Paraguayan territory is rapidly advancing.
Two-time former Uruguayan President Julio María Sanguinetti Tuesday praised Paraguayan President Santiago Peña's stance regarding the Southern Common Market (Mercosur), which would need a major overhaul. Paraguay, a major world food producer but landlocked, is a member of Mercosur along with Argentina, Brazil, and Uruguay.
The Falkland Islands Government and the British Embassies in Argentina, Chile, Paraguay and Uruguay are inviting university students to participate in the Regional Student Competition 2023 in the Falklands.
Economist Santiago Peña of the National Republican Assembly (ANR) also known as the Colorado Party is to be sworn in Tuesday as Paraguay's new head of state during a ceremony in Asunción which will be attended by several former and current Latin American leaders such as Argentina's Alberto Fernández; Brazil's Luiz Inácio Lula Da Silva and Uruguay's Luis Lacalle Pou, Chile's Gabriel Boric Font and Bolivia's Luis Arce Catacora.
Brazilian President Luiz Inácio Lula da Silva Monday visited former Paraguayan head of state Fernando Lugo while in Asunción for Santiago Peña's inauguration Tuesday.
By Julieta Heduvan (*) – Santiago Peña assumes Paraguay’s presidency this Tuesday August 15 with a number of advantages, including a supportive Congress. But he faces also numerous challenges, as he tries to unite his party, manage the influence of his political mentor—businessman and former President Horacio Cartes—and handle international negotiations, from the Itaipú accord to U.S. sanctions against Paraguayan politicians.