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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...

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...

Brazil’s Azul Enhances Global Reach with Paraguay Flights

Azul Linhas Aéreas, a prominent force in the Brazilian aviation industry, is on an ambitious path to broaden its international footprint. The airline recently announced...

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 to the same period in...

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 limitations and reciprocity agreements as...

Paraguay’s Inflation Hits 2% in Early 2024

As of March 2024, Paraguay noted a Consumer Price Index (CPI) increase of 1.1%, up from the previous year's March figure of 0.4%. This rise...

Paraguay Meat Sales Dip in Early 2024

Early in 2024, Paraguay faced an unexpected 3.5% drop in its meat exports, a shift from the prior year's figures. This was revealed by the...

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 its electrical grid's quality and...

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 and investors with its significantly...

Navigating Itaipu Dam Talks: Brazil and Paraguay’s Energy Debate

Brazil and Paraguay are renegotiating terms for the Itaipu Dam, located on their border. They aim to set the 2024 energy rate and update the...

Wheat Sales from Paraguay Jump 109.3% in Early 2024

Paraguay witnessed a striking 109.3% boost in its wheat exports in January 2024, as announced by Capeco last Saturday. This leap signals a strong 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 boost economic momentum while keeping inflation in check. This Monday,...

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