IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.05% USD/MXN18.59▼ 0.19% USD/CLP983.58▼ 0.07% USD/COP3,299▲ 0.75% USD/PEN3.41▲ 0.04% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.46▲ 0.10% USD/CRC445.62▲ 1.58% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.22▲ 0.75% BRENT 93.15 ▲ 1.81% WTI 87.02 ▲ 1.14% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.33% GOLD 4,058 ▲ 0.68% SILVER 52.93 ▲ 3.57% SOY 1,225 — 0.00% CORN 447.25 ▼ 0.39% WHEAT 600.25 ▲ 1.27% COFFEE 264.90 ▼ 2.39% SUGAR 18.19 ▲ 0.55% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,855 ▲ 2.38% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.05% USD/MXN 18.58 ▼ 0.24% USD/CLP 983.58 ▼ 0.07% USD/COP 3,299 ▲ 0.75% USD/PEN 3.41 ▲ 0.04% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.46 ▲ 0.10% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▲ 0.14% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.22 ▲ 0.75% BRENT 93.15 ▲ 1.81% WTI 87.02 ▲ 1.14% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.33% GOLD 4,058 ▲ 0.68% SILVER 52.93 ▲ 3.57% SOY 1,225 — 0.00% CORN 447.25 ▼ 0.39% WHEAT 600.25 ▲ 1.27% COFFEE 264.90 ▼ 2.39% SUGAR 18.19 ▲ 0.55% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,855 ▲ 2.38% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
since 2009
Wednesday, November 11, 2026

Latin America Paraguay

Colorado party could return to power in Paraguay in October 10 municipal elections

By · · 2 min read

RIO DE JANEIRO, BRAZIL – The party is committed to returning to power and becoming Paraguay’s predominant force, as it was in the 6 decades preceding 2008.

The Colorado party leader, multimillionaire tobacco entrepreneur and sports leader Horacio Cartes, is campaigning against the ruling Partido Liberal Radical Auténtico in next month’s municipal elections, and has a good chance of winning, according to the polls.

The next presidential election will only occur in 2023.

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Partido Colorado candidate, multimillionaire Horacio Cartes.
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In any event, in spite of this period away from the Executive branch, the Partido Colorado maintains a well-oiled machinery, which has neither lost strength nor influence and keeps its clout in Congress and the Judiciary intact.

The Partido Colorado, or the Asociación Nacional Republicana (ANR), was founded in the 19th century by President Bernardino Caballero, a military man who ruled the country after the traumatic War of the Triple Alliance (1864-1870) and after Brazil’s occupation of Paraguay.

It emerged in 1887 as the conservative and nationalist response to the emergence of the Partido Liberal Radical Auténtico, which ruled the country in the first half of the 20th century. The Colorados returned to power in 1948 and decided not to abandon it: they banned the other parties (a rule that remained in force until 1963) so that no other organization could present candidates.

Since then, the colorados, with or without fraud, won all presidential elections with the exception of 2008, when their candidate, Blanca Ovelar, was defeated by Fernando Lugo.

But the 4 years that the former bishop (impeached and removed from office last June by Congress in a controversial process) headed the country failed to dismantle the party structure erected and entrenched in the machinery of power for 61 years and with no real opposition during the years of dictator Stroessner’s regime (1954-1989).

Of Paraguay’s 6.3 million inhabitants, 1.5 million are militants of the Partido Colorado, and of all public officials, nearly 50% belong to its ranks. The party’s presence that is also very marked in the Armed Forces.

But Cartes promises changes and to leave behind the old practices if elected. “Here it has become a custom for those who reach the government to believe that the country belongs to them. These habits of the political class are what destroyed the country,” Cartes said.

Key Facts

— Deep Dive

— For the complete picture, read our in-depth guide: Paraguay: Washington's Most Valued Ally in Latin America

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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