Paraguay Financial News

The government of Paraguay will ask lawmakers to approve a bill that proposes jailing illegal Bitcoin (BTC) miners for up to 10 years.

Subscribe to enjoy similar stories.This summer’s World Cup was supposed to be the triumphant return of the planet’s favorite sport to America. But as the U.S. men’s national team prepares to host the tournament for the first time since 1994, its opening game has even hardcore fans feeling left out.The first match, against Paraguay on June 12 in Los Angeles, should have been a sold-out celebration.

Subscribe to enjoy similar stories. NARENDRA MODI’S guests of honour at Indian Republic Day on January 26th will not just be there to witness the pomp and parades. India’s prime minister has invited the European Union’s two top officials, Ursula von der Leyen, president of the European Commission, and António Costa, president of the European Council, which represents the EU’s member states.

Piyush Goyal Wednesday proposed signing of free trade agreements individually with the members of the 4-member Mercosur bloc comprising Argentina, Brazil, Paraguay and Uruguay. His statement comes as the efforts to expand the Preferential Trade Agreement (PTA) with the Mercosur are stuck. “I propose to either expand the MERCOSUR trade agreement or look at trade deals bilaterally,” he said at a CII event. India went ahead with a bilateral trade deal with UAE when the talks to secure a trade pact with Gulf Cooperation Council nations weren’t making much headway. Goyal also said that India is also working with Chile to expand its PTA with Chile and turn it into a Comprehensive Economic Partnership Agreement. The PTA with Chile was signed in 2006 and expanded in 2017. Within the LAC region which includes 33 countries the FTA negotiations with Peru are in advanced stages.

Paraguay expelled the eminent Chinese diplomat Xu Wei from the country pretty recently while accusing him of interfering in its domestic affairs and urging the nation to sever its long-standing ties with Taiwan, reported CNN. According to CNN, the Paraguayan Ministry of Foreign Affairs declared Xu Wei as persona non grata while totally revoking his visa and gave him just 24 hours to leave the country. Xu Wei was originally in Paraguay for a UNESCO meeting but eventually caused a diplomatic stir by visiting Congress where he reportedly pressured the lawmakers to choose between China and Taiwan while stating that ‘It is either China or Taiwan’. Paraguay is one of only 12 unique countries globally that actually recognizes Taiwan as a sovereign state and it still remains the sole supporter in South America, asserted CNN. The Paraguayan government has resisted all kinds of pressure from Beijing while at the same time several Latin American nations have already switched their allegiance from Taiwan to China in recent years.

European Commission President Ursula von der Leyen has arrived in Uruguay for the final stages in years-long negotiations to clinch a trade deal between the 27-nation EU and the South American Mercosur trade bloc that would create a trans-Atlantic mark...

Sake is perhaps even more Japanese than the world-famous sushi

The draft resolution 'Peaceful settlement of the question of Palestine' tabled by Senegal was overwhelmingly adopted in the 193-member General Assembly on Tuesday. India was among the 157 nations that voted in favour, while eight Member States — Argentina, Hungary, Israel, Micronesia, Nauru, Palau, Papua New Guinea and the United States voted against it.

Paraguay’s foreign minister says his country is committed to its relationship with Taiwan and has no plans to break off their diplomatic relationship in favor of China as he visited the increasingly isolated island

Brazilian beef is headed back to the shelves of Carrefour-owned grocery stores after a brief boycott sparked by remarks from the French company’s chief executive about nations in the South America trade bloc Mercosur

The EU and the South American trade bloc Mercosur are working to finalize a trade deal that has been in negotiation for over 20 years

Supermarket giant Carrefour’s support for French farmers’ protests against a trade agreement between the European Union and the South American bloc Mercosur has sparked a strong reaction in Brazil

Lionel Messi's Argentina will play Peru on Tuesday in a crucial FIFA World Cup 2026 qualifying match. Defending soccer world cup champions and Copa America winners Argentina lost four its previous games. Messi's side was defeated by Paraguay last week. Messi's Argentina will play Peru in Buenos Aires. The soccer game is scheduled to commence at 7 pm (ET) on November 19. Argentina versus Peru will be live streamed on fubo TV and ViX. Fubo TV offers free trial. Argentina is likely to win against Peru. Messi's Argentina will be on the verge of confirming a 2026 World Cup spot if it beats Peru in Buenos Aires in South American qualifying. Victory would give defending champion Argentina 25 points from 12 matches, historically good enough for at least sixth place in the 10-team standings. South America has six entries into the World Cup.

French farmers are mobilizing for widespread protests Monday, targeting the controversial EU-Mercosur trade agreement

Argentina's Lionel Messi and Brazil's Vinicius Junior had frustrating nights in South American World Cup qualifying. While Messi could not help his team avoid a 2-1 defeat at Paraguay, Vinicius Junior missed a second-half penalty as Brazil was held to a 1-1 draw at Venezuela on Thursday. Argentina will remain on the top of the 10-team round robin competition with a 22 points in 11 matches, Brazil is provisionally in third place in the standings with 17 points. Also on Thursday, Ecuador beat Bolivia 4-0. The Ecuadorians remain in fifth position with 16 points, while Bolivia is in eighth place with 12 points.

French farmers have protested against a trade deal that would increase agricultural imports from South America, saying it hurt their livelihoods

Brazil will play Paraguay in FIFA World Cup qualifier game for South America on Tuesday night. Five-time winners and the most successful soccer team in FIFA World Cup won their previous match against Ecuador. Paraguay drew with Uruguay in their last game. Brazil versus Paraguay soccer game is scheduled to kick off at 8.30 pm (ET) on Tuesday, September 10 at Estadio Defensores del Chaco — Asuncion in Paraguay. Also Read: Big worry! A US recession indicator is stating that the world's largest economy is in a downfall

Donald Trump's most recent speech blunder was controversial billionaire Elon Musk. This past weekend, the outgoing president and current Republican nominee unintentionally called the CEO of Twitter, who recently joined X, «Leon» at a campaign speech in Wisconsin. Trump has been allying with the CEO, whom he only recently said he would invite to serve in his second administration if he wins the 2024 election. Trump's blunder, which alluded to Musk as «Leon,» immediately set off a chain reaction of amusing responses on social media, especially on Musk's platform. «Leon» Musk will need to launch a rocket, according to Trump. Trump mispronounced Musk's name, calling him “Leon,” which sparked a plethora of memes and jokes.

Brendan Gleeson has officially joined the cast of the upcoming Amazon series "Spider-Noir" as a series regular. The series, based on Marvel's Spider-Man Noir comic, will star Nicolas Cage and other notable actors.

Bitcoin mining company, Bitfarms has experienced a surprising surge in its stock price, rising 20% despite reporting a mixed financial performance for the second quarter.

The Biden administration has imposed sanctions on a Paraguayan tobacco company for allegedly financing the country’s controversial former president

Luana Alonso, was sent back home from the ongoing action at the Paris Olympics after reports that her breathtaking beauty was distracting the players in her own team. She lost her Olympics village privileges after being called back by her home country from the Paris Olympics, as she was apparently distracting her own teammates during the events. Alonso, due to her beauty, had won many hearts at the Paris Olympics, mostly, the athletes at the Paris Olympics, and that proved quite costly for her, as her teammates could not handle her beauty, says a Blast report. After her return to Paraguay, Alonso shocked everyone by announcing her retirement from swimming. What her future plans are, have still not been extensive revealed yet.