The Latest Breaking News from Paraguay

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.

Paraguayan conservative economist Santiago Pena, 44, won the country's presidential election on Sunday, tightening the ruling Colorado Party's political grip in the country and defusing fears about the end of diplomatic 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

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

Paraguay's conservative ruling party presidential candidate Santiago Pena will need all the composure he has from a journey as a teenage father to the International Monetary Fund as he faces down an opposition challenge at the ballot box on Sunday.

Paraguayan opposition leader Efrain Alegre can trace some of the fire for his 2023 presidential run to three weeks he spent behind bars two years ago on what he says were trumped up corruption charges related to campaign financing.

Brazil's President Luiz Inácio Lula da Silva is due to arrive in Spain on the second stop of a European tour aimed at resetting relations and making progress on a trade deal between the EU and the Mercosur bloc of Argentina, Brazil, Paraguay and Uruguay