Paraguayan Gringo

A Place to Discover Paraguay Through Culture, Traditions, News, and People

Entries Tagged ‘Economics’

Guarani: the Population, Language and Currency of Paraguay

Its not that often that many people visit Paraguay. It is isolated and a remote country in the heart of South America. The Economics of this very sparsely populated country is mainly oriented from Paraguay’s neighbors, Argentina brazil and Bolivia. This greatly influences the fluctuation of the national currency. The Currency of Paraguay is Guarani. [...]

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Swedish stevia firm to build Paraguay plant

Granular, a European stevia producer, has entered into a joint partnership to build a refinery for the natural sweetener in South America, which it said will be environment-friendly. The Swedish company said the new facility would be run entirely on solar energy, outdoor heat energy and in-house produced biogas, making the plant energy self-sufficient. It [...]

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Paraguay – Business Opportunities in a Little Known Tax Haven

If I told you about a de facto tax haven with a liberal constitution where you can buy land for $25 per acre, where you could have made 25% return on a simple bank account in the last year due to currency appreciation against the dollar, and where you can probably qualify for a second [...]

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'Obama of Paraguay' has hands full, too

President Fernando Lugo signed a $30 million agreement last month with the U.S. ambassador to bolster Paraguay’s judiciary, public administration and national police force and reduce endemic corruption and patronage. A former Roman Catholic bishop, Lugo has been in office just nine months, elected on promises that he would end systemic graft and redistribute wealth [...]

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No Interest In Lengthening Paraguay Debt

Brazil’s government is not studying any proposals to allow Paraguay to lengthen the repayment of its debt on the binational Itaipu hydroelectric facility, Brazilian Treasury Secretary Arno Augustin said Wednesday. Speaking at a hearing in congress, Augustin denied the validity of recent statements by Energy Minister Edison Lobao suggesting that Brazil would ease the terms [...]

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