Tag: Santiago Peña

Tuesday, April 1st 2025 - 10:24 UTC
World Bank Chief due in Asunción after almost 50 years

World Bank Group (WBG) President Ajay Banga is due in Asunción Tuesday for a historic visit to Paraguay, the first by a man in his position in nearly 50 years since Robert McNamara’s in 1976. Invited by Paraguayan President Santiago Peña, Banga aims to strengthen bilateral ties, focusing on sustainable development, job creation, and private investment.
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Wednesday, March 12th 2025 - 10:33 UTC
Former cabinet members of previous Paraguayan gov't indicted

The Paraguayan Public Prosecutor's Office has filed charges against seven former officials from the administration of former President Mario Abdo Benítez (2018-2023), including three former ministers, for alleged crimes such as criminal association, usurpation of public office, false denunciation, and disclosure of secrets. The accused include former Interior Minister Arnaldo Giuzzio, former head of the National Anti-Corruption Secretariat René Fernández, and former official Carlos Arregui from the Secretariat for the Prevention of Money Laundering (Seprelad), among others.
Friday, February 21st 2025 - 09:45 UTC
Paraguayan President celebrates drop in unemployment

Paraguayan President Santiago Peña Thursday celebrated the creation of over 96,000 new jobs since the start of his administration, according to a study from the National Institute of Statistics (INE) released in Asunción which showed a significant increase from the third quarter of 2023 to the fourth quarter of 2024, with major growth in commerce, restaurants, hotels, community services, and construction sectors.
Tuesday, February 11th 2025 - 09:00 UTC
German President announces South American tour

German President Frank-Walter Steinmeier will be touring Uruguay, Paraguay, and Chile between February 28 and March 8, it was announced Monday in Berlin. The head of state will attend Yamandú Orsi's inauguration in Montevideo on March 1. He is also scheduled to meet with Paraguay's Santiago Peña and Chile's Gabriel Boric Font.
Saturday, February 1st 2025 - 10:00 UTC
Paraguayan President describes importance of trade openness in speech at WTO

Paraguayan President Santiago Peña Friday underlined the importance of trade openness and multilateralism during his speech at the World Trade Organization's (WTO) headquarters in Geneva. Peña highlighted “the importance of global integration to strengthen trade and resilience in the face of uncertainty,” the Ministry of Industry and Trade (MIC) said in a statement.
Friday, January 31st 2025 - 09:24 UTC
Swiss minister tells Peña her country interested in dealing with Mercosur

Switzerland's Secretary of State for Economic Affairs Helen Budlinger told Paraguayan President Santiago Peña that her country was interested in expanding businesses with Asunción and with all of the Southern Common Market (Mercosur). She made those remarks Thursday as she welcomed Peña to the non-European Union nation which thus covets a separate Free Trade Agreement (FTA).
Thursday, January 23rd 2025 - 10:21 UTC
Chargé d'Affairs takes over US Embassy in Asunción on an interim basis

As controversial US Ambassador Marc Ostfield completed his assignment in Asunción, the US diplomatic mission was left temporarily under Chargé d'Affairs Amir Masliyah -who has been Deputy Mission Chief since July 2022.
Monday, January 20th 2025 - 06:30 UTC
Peña tells González Urrutia about Paraguay's support for democracy in Venezuela

Paraguayan President Santiago Peña met Sunday in Washington DC with Venezuelan opposition leader Edmundo González Urrutia, whom many believed should have been sworn in on Jan. 10 last after winning the controversial July 28, 2024, elections where the incumbent Nicolás Maduro claimed to have prevailed despite producing no evidence thereto besides declarations from offices controlled by the Chavista regime.
Thursday, January 9th 2025 - 09:44 UTC
Leading risk rating agency further ups Paraguay's gradings

Paraguay's review by the international rating agency Standard & Poor's (S&P) has been upgraded from “stable to positive,” it was announced Wednesday in Asunción, as President Santiago Peña welcomed this new recognition.
Wednesday, January 8th 2025 - 10:15 UTC
Paraguayan President reshuffles Industry Ministry

Paraguayan President Santiago Peña Tuesday reshuffled his country's Industry and Commerce Ministry (MIC) by appointing Businessman Marco Riquelme as the new Deputy Minister of Industry, given his vision of a more industrial nation matching that of the head of State. “It is a dream that we have been sharing from an industrial family and as part of the guild. The idea is to join my efforts to make this dream come true in the shortest possible time”, said Riquelme.