International Monetary Fund Managing Director Kristalina Georgieva Sunday visited the Itaipú Hydroelectric Power Plant and other Paraguayan tourist attractions before starting a series of engagements in the South American country this week. Her agenda includes encounters with government officials, women leaders, and representatives of civil society and the private sector. Georgieva underlined Paraguay's stability and Itaipú's role in this achievement.
The opening of the floodgates at the Itaipú dam during the weekend is expected to bring some relief to the people along the Paraná river shores after 2023 also started with a downspout, although not quite as severe as in previous years.
Paraguay’s president, Mario Abdo, has reached his first year in office with a 69% disapproval rating amid an enduring political crisis and a significant economic slowdown, according to a survey published on Wednesday.
Paraguay's Colorado Party Monday backed its support of President Mario Abdo in the aftermath of the political scandal sparked last week when the somber Itaipu electricity deal with Brazil was unearthed, leaving the government on the brink of impeachment, a threat which has been averted.... for now.
Brazilian President Jair Bolsonaro said he was open to reviewing the controversial recent energy agreement with Paraguay, which cost dignataries from the latter country their jobs and left President Mario Abdo Benitez on the brink of impeachment.
A massive blackout left tens of millions of people without electricity in Argentina, Uruguay, Paraguay and parts of Chile and southern Brazil on Sunday. The Argentine president called it an “unprecedented” failure in the countries' interconnected power grid.
Jair Bolsonaro paid tribute to the former dictators of Brazil and Paraguay this week at a ceremony to celebrate the Itaipu hydroelectric dam. The Brazilian president, who has spoken previously of his admiration for the military dictatorship that ruled his nation from 1964 to 1985, praised former Paraguayan dictator Alfredo Stroessner as a man of vision.