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A New “Shopping Paris” Mall in the Ciudad del Este, Paraguay exceeds expectations

Shopping China: Winner in Cannes Best Shopping Frontier of the World 2016   This four-storied mall called “Shopping Paris” is a new sensation in Ciudad del Este for locals and foreigners alike. It is located only 300 m from the customhouse, and you can easily park your car there for free in this all glazed beautiful building (80,000 m2 of shopping). The shopping is tax-free for non-Paraguayans making it a magnet for nearby Brazilians and Argentines shoppers. On top of that, the prices are…

Things look increasingly positive for PARAGUAY as growth continues

Things look increasingly positive for PARAGUAY as growth continues Paraguay’s growth estimate is now the highest for the whole of Latin America. With the dreaded Foot and Mouth Disease hitting the country in 2012, coupled with the drought, which caused the government to call for emergency assistance, the year saw a contraction of 0.9%. Since then the situation has been increasingly positive for the South American country. Estimates have been on the increase since 9.5% in October last year following to 10.5%…

Pacific Alliance means business, not weighed down by yesterdays ideology

The Pacific Alliance proves that there is strength in numbers and we all have a lot to gain from working together. We´ve seen this before, haven’t we? Latin American countries coming together to build a bloc that promises to combat U.S. hegemony and bring about radical change in the continent without really saying how they will achieve it. Then along comes the Pacific Alliance, which instead of focusing on ideology and finger pointing, just wants to get down to business. So what is the Pacific Alliance (AP)…

China and Europe continue to invest in South America

Many of the countries sprinkled across South America are enjoying periods of growth, as natural resources and higher standards of education than before present the region as a fantastic place to invest Source: worldfinance.com Chinese investment in South America has increased dramatically over the last decade. An article in Latin Finance points out that bilateral investment between the two countries has grown by 1,400 percent, which equals about $140bn. The Chinese investment contribution is seen as highly…

El 85% de todo el ganado de América del Sur está libre de aftosa

El 85% de todo el ganado de América del Sur está libre de aftosa En el Centro de Convenciones de la Conmebol, Asunción, finalizaron ayer las deliberaciones de la 39ª Reunión Ordinaria de la Cosalfa (Comisión Sudamericana para la Lucha contra la Fiebre Aftosa). En esta reunión se analizó la situación sanitaria del continente, se verificó el informe de cada uno de los países el Continente, exceptuando a Venezuela, que no envió a ningún representante. “Los desafíos para la erradicación de la fiebre…

Paraguay’s soy boom: a blessing or a curse?

Paraguay’s  is not often highlighted for its economic achievements. Yet after 20 years of stagnation at the end of the 20th century, the landlocked country has enjoyed almost a decade of economic growth, and in 2010, GDP expanded by 15%, the fastest rate in Latin America. by Guillermo D’Angelo @argentinaindependent.com Driving this impressive expansion is a thriving agricultural sector, and its principal product: soybean. Taking advantage of recent rises international prices, spurred by demand from…