Courtesy of the New York Times, an article on how Mickey, a homegrown food-packaging company, is famous for facing down Disney in Paraguay’s Supreme Court: One is a colossus spanning theme parks, merchandise and movies, with 150 Academy Awards, 225,000 employees and annual revenue of nearly $90 billion. The other is a third-generation family firm […]
Read more »Courtesy of The Economist, a look at how cheap electricity, lax laws and low taxes have attracted bitcoin miners to Paraguay: The country is used to drug busts and bank heists. But the hooded gunmen who recently burst into a warehouse in Minga Guazú, in Paraguay’s rural east, weren’t after cocaine, weed or cash. Instead they […]
Read more »Via Merco Press, an article on Paraguay’s economic plans: President Santiago Peña highlighted Paraguay’s productive model and spoke about his country’s future in terms of economic and financial development in the panel “Spotlight on Latin America” sponsored by the Financial Times, it was reported Monday in Asunción. The head of state also pointed out that […]
Read more »Via World Politics Review, a report on the impact that China’s economic slowdown may have upon Latin America: Over the past two decades, as China’s breakneck economic growth turned it into the engine of the global economy, Beijing became an increasingly powerful player in Latin America. It displaced the United States, long the top trading […]
Read more »Via Bloomberg, a report on Paraguay’s economic strategies with Taiwan and China: Ties with Taipei won’t be broken, Santiago Peña said South American country open to trade with China, he added Paraguay’s leader defended his nation’s diplomatic ties with Taiwan and held up the Asian economy’s shift from agriculture to manufacturing as a model to […]
Read more »Courtesy of Geopolitical Monitor, a look at Paraguay’s failed titanium sector: “Paraguay will become the center of global titanium production,” was the headline of a November 2010 article in the BBC. Almost a decade and a half later, titanium production in Paraguay has yet to begin. Even more, by the own admittance of the country’s authorities, […]
Read more »