The Latest Breaking News from Paraguay

Asuncion (AFP) - Paraguayans on Sunday elected a president from the rightwing party in power for nearly eight decades, rejecting a center-left challenger who had railed against endemic institutional corruption.

Paraguay's President-elect Santiago Pena, a clean-cut former central bank director, will need all his wits and cool to steer the South American nation through economic headwinds hurting voters and rising pressure from farmers to cut ties with Taiwan.

An opposition coalition in Paraguay will seek to unseat South America’s longest-governing party in elections focused on corruption, the economy and health system problems

Asuncion (AFP) - Future ties with Taiwan are in play as Paraguayans go to the polls Sunday to pick a president they hope will tackle endemic corruption, rising crime and economic inequality.

In Paraguay's election on Sunday, Soledad Nunez, a 40-year-old engineer and former minister, is looking to break into the South American country's male-dominated political arena as its first elected female vice president.

Amazon posted higher-than-expected revenues and profits for Q1 2023, but slowing growth in its profit-generating AWS cloud services sector sent shares tumbling after hours. Also in this edition: US economic growth slows sharply in the first quarter, and Paraguay's upcoming election on Sunday could have big geopolitical consequences for Taiwan.

In the heart of Paraguay's capital Asuncion, a tropical city close to the Argentine border, voters are gearing up for election day on Sunday, with the economy, corruption and Taiwan on their minds.

Voters in Paraguay decide Sunday whether to stay with the party that has governed for seven decades or back a broad opposition coalition that has mounted a strong challenge amid discontent over health, schools and corruption

Setbacks for the long-ruling Colorado party have opened up the presidential race, but critics say the opposition lacks coherent policies