Tag: Paraguay Senate

• Thursday, November 5th 2026 - 07:08 UTC

  Paraguay seeks to return part of the savings frozen at Ueno Bank within 24 hours

  

  Paraguay’s Senate on Wednesday approved a reform of the deposit guarantee law that would allow customers of Ueno Bank, taken over by the Central Bank on Tuesday, to receive an advance of up to 40 minimum wages, about 121 million guaraníes, within 24 hours of the bank’s resolution. The bill now goes to the Chamber of Deputies, which was due to consider it on Thursday.

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• Friday, August 29th 2025 - 10:19 UTC

  Paraguay's Senate wants to explore shifting from Taipei to Beijing ties

  

  Paraguay's Senate has requested a report from the Foreign Ministry as to the reasons for the country's continued diplomatic recognition of Taiwan instead of mainland China. Paraguay is currently the only South American nation to formally recognize Taiwan.

• Wednesday, April 25th 2018 - 08:50 UTC

  Paraguay soy farmers hopeful newly elected Senate will not slap levy on exports

  

  Paraguay's business-friendly ruling party lost fewer seats in Sunday's Senate election, than expected, ensuring strict fiscal policies while lessening chances of a tax hike on the key soy sector. Farmers in the world's No. 4 soybean exporter had feared that the new Senate might approves a measure, defeated last year, that would slap a 10% levy on exports.