What impact will Paraguay's impeachment process have on democracy? Christopher Sabatini explores two scenarios in an article for Folha de São Paulo. (em português)
Paraguay
Fernando Lugo undertook a two-week trip to Asia in search of new markets and investment for Paraguay. However, not everyone is convinced the trip will reap real benefits.
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.