Paraguay Economy Debates
4 articles from 1 country
Paraguayan President Santiago Peña presents a positive economic outlook, touting a 'wonderland' economy. However, unions and political opponents criticize his policies, with one senator accusing Peña of acting as a subordinate to party leader Horacio Cartes. A recent 5% minimum wage hike is labeled a 'scam' by a prominent union.
King Felipe and Paraguayan president discuss global challenges and Ibero-American Summit
- Spain's King Felipe VI met with Paraguay's President Santiago Peña in Lima to discuss global challenges and upcoming Ibero-American Summit. - Discussions included environmental cooperation, energy transition with Spanish investment in solar projects in Paraguay, and combating organized crime. - Both leaders also addressed substantive issues to strengthen ties ahead of the November summit in Madr…
Paraguay's Christian Democrats reject Lula's historical remarks, lament president's silence
- Paraguay's Christian Democratic Party (PDC) rejected Brazilian President Lula da Silva's remarks, accusing him of misrepresenting historical facts about the War of the Triple Alliance. - The PDC cri…
Paraguay and Aruba agree to strengthen trade and investment
- Paraguay's President Santiago Peña and Aruba's Prime Minister Mike Eman met in Lima to strengthen bilateral trade and investment. - They discussed facilitating Paraguayan products, like beef, into n…
Paraguay's Ruling Party Accused of Using Binational Entities as 'Black Box' for Parallel Economy, Alleging Brazilian Influence
- Paraguay's ruling ANR party allegedly uses binational entities to control political competition and fund a parallel economy, managing over $1 billion annually in opaque