Paraguay

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 […]

Paraguayan health authorities reported an increase in the demand for the yellow fever vaccine from people willing to travel to Brazil for the summer season.

Paraguay's Central Bank (BCP) released a report Monday showing that exports fell 7.7% in 2024. However, some items scored significant improvements, as sales abroad totaled US$15.84 billion, while imports amounted to nearly US$16.38 billion. This represents a 3.6% increase for a trade deficit of US$538.8 million, against a surplus recorded the year before […]

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.

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 […]

The Paraguayan Government of President Santiago Peña Monday announced it was recognizing Edmundo González Urrutia of the opposition Unitarian Democratic Platform (PUD) as the legitimate winner of the July 28, 2024, elections in Venezuela, which prompted a diplomatic breakup with Nicolás Maduro's regime.

Paraguay's Economy Minister Carlos Fernández Valdovinos was singled out by the London-based The Banker publication for issuing bonds in guaraníes and the South American country's handling of the corruption issues that pop up. The outlet also recognized the finance ministers of France, Vietnam, Qatar, Morocco, and Chile for their management of the economy, […]

Chinese farmers and meat industry associations are complaining about the surge in foreign beef imports and the Ministry of Commerce has promised an investigation into the situation, according to Beijing government sources.

Paraguay's Consumer Price Index (CPI) grew 0.7% this month, which represented a setback from 0.3% in the same month last year. Nevertheless, Asunción confirmed closing 2024 with a 3.8% inflation, barely over 2023's 3.7%, according to the Central Bank (BCP), and therefore within the target range of 4%, it was explained Monday. On a brighter note, core […]

The town of Eldorado in the Argentine province of Misiones dawned Monday with a commando-style group -reportedly of Paraguayan origin- storming at around 7 am into the Gendarmería Nacional Regional Unit III inside the local aeroclub killing Misiones Police Corporal Mauricio Miñarro with three shots in the head. Two FAL rifles and two 12-70 shotguns were […]