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Paraguay

Boost for Paraguay: $1.25 Billion Yearly from Itaipu Energy Deal

Paraguay has clinched a groundbreaking $1.25 billion annual deal with Brazil over Itaipu Dam energy tariffs. This agreement heralds a significant move toward energy sovereignty...

Paraguay Reaffirms Ties with Taiwan Amid Chinese Pressure

Paraguayan President Santiago Peña recently affirmed his nation's ties with Taiwan during discussions with Japanese Prime Minister Fumio Kishida. This meeting in Asunción emphasized their shared stance against unilateral changes in the Taiwan Strait, advocating...

Paraguay’s Beef Market Expands

Amidst the global food market's volatility, Paraguay's beef industry marked a rise in the early months of 2024. By April, exports climbed 3.5% to $461.2...

United Front: Paraguay and Brazil Join Forces Against Crime

In the heart of South America, Paraguay and Brazil form a crucial alliance targeting...

Paraguay’s Strategic Move in South American Energy

In a bold move to reshape the energy landscape of South America, Paraguay is pushing forward with an ambitious...

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 3.3% increase in exports compared...

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 Inflation Hits 2% in Early 2024

As of March 2024, Paraguay noted a Consumer Price Index (CPI) increase of 1.1%,...

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...

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...