Will Francis be willing to extend his more liberal discourse on economics and the environment into contentious social issues like gay rights and abortion? The outcome of his trips to Bolivia and Ecuador, earlier this week, and a visit to Paraguay, now underway, may help answer those questions.
Amid a major drought that is depleting hydropower reservoirs across Brazil, Itaipu remains a major source of clean energy in Brazil and Paraguay.
Paraguay could significantly enhance its cooperation with Indonesia in both the agricultural and energy sectors.
Paraguayan businessman Horacio Cartes of the Colorado Party (Partido Colorado–PC) was inaugurated this morning as the president of Paraguay for a five-year term. Cartes won the presidential election in April with 46 percent of the vote, outpacing his opponent, Efraín Alegre of the Liberal Party (Partido Liberal Radical Auténtico —PLRA), who won 37 percent of votes cast.
The administration of President Federico Franco has been very bullish on Paraguay’s potential for hydrocarbon development, with declarations of potential reserves that border on hyperbole.
A summit of Mercosur countries—a regional bloc that includes Argentina, Brazil, Uruguay, and Venezuela as full members with Paraguay suspended from the group—will convene tomorrow in Montevideo to discuss Paraguay’s possible re-admission to the group as Venezuela takes the helm of the South American trade bloc.
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