Last week’s announcement that Paraguay could contain the world’s biggest titanium reserves may bring a mining boom to the country and attract Chinese investment.
Paraguayan President Fernando Lugo reshuffled his country's top military commanders last week, sparking concerns about whether he has a secure hold on his post. The former priest faces a challenge from the opposition-controlled legislature and a string of paternity suits.
Leaders from the Bolivarian Alliance for the Peoples of the Americas met October 16 and 17 in Cochabamba, where they charted a course for implementing a virtual currency that could replace the dollar in commercial transactions. ALBA also imposed a blockade on Honduras.
Paraguay's geographic location, stable economy, and natural resources offer investment opportunities to spur development, as public and private sector leaders noted during AS/COA's first Latin American Cities Conference in Asunción.
The presidents of Paraguay and Brazil signed an accord that puts the former on more equal footing with its neighbor in the sale of electricity produced at the jointly owned Itaipu hydroeletric dam.
Just over a month after assuming office, Paraguay’s President Fernando Lugo delivered a speech at AS/COA in which he described how his presidency marked an important democratic shift in Paraguay.
During a luncheon hosted by AS/COA on September 23, Paraguay's President Fernando Armindo Lugo highlighted the political transformation that started with his election and the multiple opportunities and challenges that Paraguay faces ahead. Read his remarks in Spanish.