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Paraguay

Paraguay Creates New Outpost to Enhance Domestic Security

Under the leadership of President Santiago Peña, Paraguay has taken a decisive step to bolster its internal security with the inauguration of a new...

Paraguay to Close Consulates in Argentina, Bolivia, and Brazil

Paraguay recently decided to close seven consulates across Argentina, Bolivia, and Brazil, marking a significant shift in its foreign relations strategy. Paraguay's Foreign Minister, Rubén Ramírez Lezcano, announced this from the Government Palace in Asunción. The...

Paraguay Nears Record Soybean Harvest Amid Transportation Hurdles

Paraguay is on track to record a soybean harvest of 10.4 million tons, despite significant transportation challenges. The country, ranked as the third-largest soybean exporter...

Paraguay’s Strong Trade Performance in Early 2024

In the first quarter of 2024, Paraguay demonstrated significant economic resilience, with a reported...

Paraguay Reduces Global Footprint, Shuts Down Embassies

Paraguay has declared it will shut down its embassies in Egypt, Canada, Portugal, Australia, and Switzerland. The country cites financial...

Paraguay’s 2023 Economic Rise: A 4.7% Leap

In 2023, Paraguay's economy experienced a 4.7% upswing, according to a report by the Central Bank of Paraguay (CBP). This boost came from services, manufacturing,...

Paraguay’s Legal Battle Against Crypto Energy Theft

Paraguay has unveiled a plan involving the Public Ministry and Judicial Power to halt unauthorized Bitcoin mining that threatens...

Paraguay is 2024’s Top Choice for Affordable Living in South America

In 2024, Paraguay distinguishes itself as the pinnacle of affordability in South America, captivating a global audience of expatriates...

Mercosur and Japan Set for Free Trade Agreement Talks

Paraguay's Foreign Minister announced in the Nikkei outlet that Mercosur and Japan will start...

Paraguay’s Central Bank Advances with Careful Rate Cuts

The Central Bank of Paraguay has executed its seventh rate cut since August, aiming to...

Paraguay Faces Political Turmoil: Senator’s Expulsion Stirs Debate

The ousting of Senator Kattya González sparked significant controversy, highlighting Paraguay's complex political dynamics. González's expulsion for her anti-corruption stance...