Paraguay
Capital: Asuncion; GDP growth (annual %) 2016 : 4.1 %;-
Brazil's oil company Petrobras to sell assets in Paraguay
Brazil's national-owned oil company Petrobras announced Friday it will sell all its assets in Paraguay, as part of its plan to divest assets worth 21 billion U.S. dollars in 2017 and 2018 to try to lower its high deficit.
In a statement, Petrobras said it would sell its shares in the following subsidiaries, Petrobras Paraguay distribution Limited, Petrobras Paraguay Operaciones y Logistica SRL and Petrobras Paraguay Gas SRL.
More > -
Higher earning Why a university degree is worth more in some countries than others
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
More > -
China looks to deepen ties with Latin America
China's president, Xi Jinping, has embarked on a week-long visit to Latin America that will include national visits to Ecuador, Peru and Chile. Mr Xi's trip comes instantly on the heels of a US presidential election that has called the next of US-Latin America relations into question, and highlights China's emergence as a key trade and investment partner for the region.
More >
- Key Facts
-
Full name: Republic of Paraguay
Population: 6.6 million (UN, 2011)
Area: 406,752 sq km (157,048 sq miles)
Major languages: Spanish, Guarani
Major religion: Christianity
Life expectancy: 71 years (men), 75 years (women) (UN)
Monetary unit: 1 guarani = 100 centimos
Main exports: Soyabeans, cotton, meat, edible oils, timber
GNI per capita: US $2,970 (World Bank, 2011)
Internet domain: .py
International dialling code: +595
-
Climate change laws around the world
2017/05/14There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.
The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
-
Latin America Economy Renewed confidence in Latin America’s brightest economy
2017/03/04The PPK cabinet has been working diligently to modernize the country and replace business confidence, while unlocking investments and infrastructure megaprojects in a bid to boost the country’s economy
- Paraguay News
-
- COMPANY: Brazil's oil company Petrobras to sell assets in Paraguay
- EDUCATION: Higher earning Why a university degree is worth more in some countries than others
- BUSINESS / TRADE: China looks to deepen ties with Latin America
- ECONOMY: Global growth will be disappointing in 2016: IMF's Lagarde
- LOCAL GOVERNMENT: Paraguay municipal election on 15 November
- ECONOMY: Revised IMF forecasts signal gloom on global economic outlook
- Trending Articles
-
- BOTSWANA: Bill Gates sees US likely to maintain aid levels for Africa
- NIGERIA: The city that won't stop growing, Lagos
- EUROPEAN UNION: UK seeks to 'align' with EU on data protection rules
- ANGOLA: Buhari Among African Presidents Who Lack Faith in Own Health Systems
- PAKISTAN: Qatar launches new direct sea route to Pakistan
- BOTSWANA: Africa’s economic growth in 2016 was driven by East Africa