Paraguay

Country Paraguay
Capital Asunción
Continent South America
Currency GGuaraní(PYG)
Languages Spanish & Guaraní

Information

Introduction

Paraguay achieved its independence from Spain in 1811. In the disastrous War of the Triple Alliance (1865-70) - between Paraguay and Argentina, Brazil, and Uruguay - Paraguay lost two-thirds of all adult males and much of its territory. The country stagnated economically for the next half century. Following the Chaco War of 1932-35 with Bolivia, Paraguay gained a large part of the Chaco lowland region. The 35-year military dictatorship of Alfredo STROESSNER ended in 1989, and, despite a marked increase in political infighting in recent years, Paraguay has held relatively free and regular presidential elections since then.

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References

Paraguay - Wikipedia
Paraguay - CIA World Fact Book
Paraguay - BBC
Paraguay - Timeline - BBC

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Paraguay’s Star Status Among Investors Shaken After Bank Scandal - Bloomberg.comParaguay’s Star Status Among Investors Shaken After Bank Scandal  Bloomberg.com

Bitcoin and AI are fighting a $350 million battle over a dam in Paraguay - CoinDeskBitcoin and AI are fighting a $350 million battle over a dam in Paraguay  CoinDesk

Paraguay widens ueno bank probe with fresh charge against ex-president Peña By Reuters - Investing.comParaguay widens ueno bank probe with fresh charge against ex-president Peña By Reuters  Investing.com

Golf in Paraguay vs India: Who really has the better swing? - WIONGolf in Paraguay vs India: Who really has the better swing?  WION

Paraguay's Pena faces new charges over bank crisis | Hindustan Times - Hindustan TimesParaguay's Pena faces new charges over bank crisis | Hindustan Times  Hindustan Times

Paraguay widens ueno bank probe with fresh charge against ex-president Peña - ThePrintParaguay widens ueno bank probe with fresh charge against ex-president Peña  ThePrint

How a digital bank’s collapse toppled Paraguay’s president By Reuters - Investing.comHow a digital bank’s collapse toppled Paraguay’s president By Reuters  Investing.com

Paraguay: Collapse of largest bank by customer base topples President Peña - CredendoParaguay: Collapse of largest bank by customer base topples President Peña  Credendo

Paraguay’s ex-president Pena faces new charge over Ueno bank collapse - Al JazeeraParaguay’s ex-president Pena faces new charge over Ueno bank collapse  Al Jazeera

Paraguay Bank Collapse Tests LatAm’s Credibility - Global Finance MagazineParaguay Bank Collapse Tests LatAm’s Credibility  Global Finance Magazine

The warnings from Paraguay’s banking scandal - Financial TimesThe warnings from Paraguay’s banking scandal  Financial Times

Dakar 2026: Marko Kaethler wins Paraguay's first Olympic gold, as Sarr takes taekwondo title for Senegal – Day 10 recap - OlympicsDakar 2026: Marko Kaethler wins Paraguay's first Olympic gold, as Sarr takes taekwondo title for Senegal – Day 10 recap  Olympics

Day4. Argentina reach two finals in Cancun: girl’s team face Brazil, boys’ title to be decided against Paraguay - International Padel FederationDay4. Argentina reach two finals in Cancun: girl’s team face Brazil, boys’ title to be decided against Paraguay  International Padel Federation

Paraguay widens ueno bank probe with fresh charge against ex-president Peña - ReutersParaguay widens ueno bank probe with fresh charge against ex-president Peña  Reuters

How Paraguay’s digital bank became a massive bomb - The EconomistHow Paraguay’s digital bank became a massive bomb  The Economist

A digital bank’s collapse toppled Paraguay’s president and the ‘Dubai of South America’ myth - FortuneA digital bank’s collapse toppled Paraguay’s president and the ‘Dubai of South America’ myth  Fortune

Bank collapse scandal in Paraguay leaves millions of customers unable to access their money - CNNBank collapse scandal in Paraguay leaves millions of customers unable to access their money  CNN

Key facts: Paraguay to end crypto power deals by 2027; HIVE's 300 MW - TradingViewKey facts: Paraguay to end crypto power deals by 2027; HIVE's 300 MW  TradingView

Paraguay Banking Crisis Topples Santiago Peña, Sparks Political Turmoil - Politics TodayParaguay Banking Crisis Topples Santiago Peña, Sparks Political Turmoil  Politics Today

Paraguay banking crisis: President ousted but anger remains on the streets - CounterfireParaguay banking crisis: President ousted but anger remains on the streets  Counterfire

How Paraguay's banking crisis ousted a president and left millions broke – explainer - The GuardianHow Paraguay's banking crisis ousted a president and left millions broke – explainer  The Guardian

Watch: Ueno Bank collapse: How Paraguay’s banking crisis unfolded | Business Matters - The HinduWatch: Ueno Bank collapse: How Paraguay’s banking crisis unfolded | Business Matters  The Hindu

Paraguay Central Bank Pays $644M to Ueno Depositors - Global Finance MagazineParaguay Central Bank Pays $644M to Ueno Depositors  Global Finance Magazine

Paraguay looks to restore confidence to financial system following bank collapse - CNNParaguay looks to restore confidence to financial system following bank collapse  CNN

Paraguay partially refunds Ueno Bank depositors after collapse - France 24Paraguay partially refunds Ueno Bank depositors after collapse  France 24

India’s Critical Minerals Push, Nvidia Governance Crisis, Renewable Energy Gains and Paraguay Banking Collapse - DD IndiaIndia’s Critical Minerals Push, Nvidia Governance Crisis, Renewable Energy Gains and Paraguay Banking Collapse  DD India

Paraguay to End Special Power Contracts Covering 943.8 MW Used by Crypto Miners - TradingViewParaguay to End Special Power Contracts Covering 943.8 MW Used by Crypto Miners  TradingView

Paraguay digital bank collapse leaves market traders scrambling for alternatives - ReutersParaguay digital bank collapse leaves market traders scrambling for alternatives  Reuters

Paraguay prosecutors raid presidential residence in Peña probe - ReutersParaguay prosecutors raid presidential residence in Peña probe  Reuters

Paraguay corruption scandal shakes investor confidence in financial sector - Traders UnionParaguay corruption scandal shakes investor confidence in financial sector  Traders Union

Paraguay bank collapse hits millions - NPRParaguay bank collapse hits millions  NPR

Paraguay's digital bank collapse triggers political crisis - Finextra ResearchParaguay's digital bank collapse triggers political crisis  Finextra Research

Paraguay Says Nearly All Ueno Savers Got Payments After Collapse - Bloomberg.comParaguay Says Nearly All Ueno Savers Got Payments After Collapse  Bloomberg.com

Paraguay on Watch for Downgrade at Fitch After Bank Collapse - Bloomberg.comParaguay on Watch for Downgrade at Fitch After Bank Collapse  Bloomberg.com

How Paraguay’s banking crisis toppled a staunch Trump ally in Latin America - CNNHow Paraguay’s banking crisis toppled a staunch Trump ally in Latin America  CNN

Paraguay utility to end bitcoin power contracts as AI demand rises - Traders UnionParaguay utility to end bitcoin power contracts as AI demand rises  Traders Union

How a bank collapse left millions in limbo and toppled Paraguay's president - NPRHow a bank collapse left millions in limbo and toppled Paraguay's president  NPR

‘We said no, no, no, but they kept insisting’: the Paraguayan people battling a eucalyptus empire - The Guardian‘We said no, no, no, but they kept insisting’: the Paraguayan people battling a eucalyptus empire  The Guardian

Japan coach Moriyasu to step down from role after Paraguay friendly - SportstarJapan coach Moriyasu to step down from role after Paraguay friendly  Sportstar

Paraguay’s Santiago Pena under arrest, new president Pedro Alliana sworn in - Al JazeeraParaguay’s Santiago Pena under arrest, new president Pedro Alliana sworn in  Al Jazeera

Paraguay adds criminal association charge against ex-president Peña - TradingViewParaguay adds criminal association charge against ex-president Peña  TradingView

Paraguay Presidential Residence Raided In Bank Probe - Barron'sParaguay Presidential Residence Raided In Bank Probe  Barron's

‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke - The Guardian‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke  The Guardian

Fitch places Paraguay's rating on watch for possible downgrade after ueno collapse - ReutersFitch places Paraguay's rating on watch for possible downgrade after ueno collapse  Reuters

Paraguay’s president quits after millions of people’s savings frozen in bank crisis - The GuardianParaguay’s president quits after millions of people’s savings frozen in bank crisis  The Guardian

Paraguay bank collapse shows stablecoins can offer a lifeline... of sorts - TradingViewParaguay bank collapse shows stablecoins can offer a lifeline... of sorts  TradingView

Bidders balk at Paraguay-only experience rule: upstream process cancelled - BNamericasBidders balk at Paraguay-only experience rule: upstream process cancelled  BNamericas

Paraguay GAA Sends Biggest Ever Delegation To Gaelic Tournament In Argentina - The Asunción TimesParaguay GAA Sends Biggest Ever Delegation To Gaelic Tournament In Argentina  The Asunción Times

Marko Kaethler Makes History For Paraguay With First-Ever Youth Olympic Gold Medal - The Asunción TimesMarko Kaethler Makes History For Paraguay With First-Ever Youth Olympic Gold Medal  The Asunción Times

Fitch Puts Paraguay on Downgrade Watch After Bank Collapse - TradingViewFitch Puts Paraguay on Downgrade Watch After Bank Collapse  TradingView

Paraguay's president is impeached minutes after resigning following a bank collapse - NPRParaguay's president is impeached minutes after resigning following a bank collapse  NPR

Three Nominations, But Paraguay's Berta Rojas Leaves 2026 Latin Grammys Without Awards - The Asunción TimesThree Nominations, But Paraguay's Berta Rojas Leaves 2026 Latin Grammys Without Awards  The Asunción Times

Paraguay to End Cheap Power Contracts for Bitcoin Miners as AI Tightens Electricity Supply - bloomingbitParaguay to End Cheap Power Contracts for Bitcoin Miners as AI Tightens Electricity Supply  bloomingbit

Superstitions On Friday The 13th: Why Paraguay Fears Tuesday More Than Friday - The Asunción TimesSuperstitions On Friday The 13th: Why Paraguay Fears Tuesday More Than Friday  The Asunción Times

Bitcoin News: Paraguay’s Miners Face 2027 Power Deadline as AI Deals Advance - CoinpediaBitcoin News: Paraguay’s Miners Face 2027 Power Deadline as AI Deals Advance  Coinpedia

Ousted Paraguayan president appears before prosecutors - NPROusted Paraguayan president appears before prosecutors  NPR

Ousted Paraguay president under house arrest after banking crisis leaves 60% of country unable to access accounts - The GuardianOusted Paraguay president under house arrest after banking crisis leaves 60% of country unable to access accounts  The Guardian

Song Ui-Young gives Lions one moment to roar as Paraguay hand Singapore lesson in levels - ESPN GlobalSong Ui-Young gives Lions one moment to roar as Paraguay hand Singapore lesson in levels  ESPN Global

Paraguay - Culture, Traditions, Cuisine - BritannicaParaguay - Culture, Traditions, Cuisine  Britannica

FSC responds to media reports concerning forest management in Paraguay - Forest Stewardship Council (FSC)FSC responds to media reports concerning forest management in Paraguay  Forest Stewardship Council (FSC)

Javier Milei’s outreach to Paraguay’s new president, Pedr - KuCoinJavier Milei’s outreach to Paraguay’s new president, Pedr  KuCoin

Paraguay digital bank collapse leaves millions out of pocket - ReutersParaguay digital bank collapse leaves millions out of pocket  Reuters

[LIVE.??????????????]^* Singapore vs Paraguay LIVE Football 2026 Games Center Free Today - ?????????[LIVE.??????????????]^* Singapore vs Paraguay LIVE Football 2026 Games Center Free Today  ?????????

‘Difficult does not mean impossible’: Gavin Lee rallies Lions ahead of Paraguay clash - baseline.sg‘Difficult does not mean impossible’: Gavin Lee rallies Lions ahead of Paraguay clash  baseline.sg

Singapore lose 4-1 to Paraguay in opening fixture of friendly tournament - CNASingapore lose 4-1 to Paraguay in opening fixture of friendly tournament  CNA

Paraguay's Peña resigns as bank collapse triggers political crisis - ReutersParaguay's Peña resigns as bank collapse triggers political crisis  Reuters

Ueno Bank scandal: Corruption, stability and Paraguay's importance - upiUeno Bank scandal: Corruption, stability and Paraguay's importance  upi

Lions take valuable lessons from Paraguay test despite defeat - Football Association of Singapore (FAS)Lions take valuable lessons from Paraguay test despite defeat  Football Association of Singapore (FAS)

Prosecution Expands Charges Against Former President Peña In Ueno Bank Case - The Asunción TimesProsecution Expands Charges Against Former President Peña In Ueno Bank Case  The Asunción Times

Judge orders Paraguay's ex-president Peña held before trial - ReutersJudge orders Paraguay's ex-president Peña held before trial  Reuters

The Criminal Organization Lurking Beneath Paraguay’s Bank Collapse | The InSight Take - InSight CrimeThe Criminal Organization Lurking Beneath Paraguay’s Bank Collapse | The InSight Take  InSight Crime

Paraguay president impeached and under house arrest following bank collapse scandal - CNNParaguay president impeached and under house arrest following bank collapse scandal  CNN

Paraguay plans to end special crypto power contracts by 2027 - Crypto BriefingParaguay plans to end special crypto power contracts by 2027  Crypto Briefing

Can Paraguay's Colorado Party survive the Ueno Bank crisis? - GZERO MediaCan Paraguay's Colorado Party survive the Ueno Bank crisis?  GZERO Media

Paraguay’s Leader Resigns After Bank Failure Leaves Millions Without Savings - The New York TimesParaguay’s Leader Resigns After Bank Failure Leaves Millions Without Savings  The New York Times

Paraguay To Face Singapore In Asia Before Renewing Rivalry With Japan - The Asunción TimesParaguay To Face Singapore In Asia Before Renewing Rivalry With Japan  The Asunción Times

Paraguay downgrade risks grows - LatinFinanceParaguay downgrade risks grows  LatinFinance

Top Links 1284 Profit boom. Paraguay crisis. Rubby recycling & the “Hippy Porsche”. - Adam Tooze | SubstackTop Links 1284 Profit boom. Paraguay crisis. Rubby recycling & the “Hippy Porsche”.  Adam Tooze | Substack

Glamour Paraguay, Brazil ties offer Singapore more than just chance for redemption after Malaysia humiliation - ESPNGlamour Paraguay, Brazil ties offer Singapore more than just chance for redemption after Malaysia humiliation  ESPN

U.S.-Paraguay Cooperation to Advance Prosperity and Security - U.S. Department of State (.gov)U.S.-Paraguay Cooperation to Advance Prosperity and Security  U.S. Department of State (.gov)

Asunción’s Plaza Uruguaya Reopens After Major Facelift As Safer And Greener Space - The Asunción TimesAsunción’s Plaza Uruguaya Reopens After Major Facelift As Safer And Greener Space  The Asunción Times

Prosecutors Charge Paraguay’s Former President With Corruption - The New York TimesProsecutors Charge Paraguay’s Former President With Corruption  The New York Times

Paraguay bank crisis sucks life out of bustling market - Times of SurinameParaguay bank crisis sucks life out of bustling market  Times of Suriname

Paraguay widens ueno bank probe with fresh charge against ex-president Peña - InternazionaleParaguay widens ueno bank probe with fresh charge against ex-president Peña  Internazionale

Paraguay coach Gustavo Alfaro wants team to play for beleaguered nation when they face S’pore, Japan - The Straits TimesParaguay coach Gustavo Alfaro wants team to play for beleaguered nation when they face S’pore, Japan  The Straits Times

Paraguay Bank Collapse Sparks Stablecoin Demand Amid Liquidity Crisis - KuCoinParaguay Bank Collapse Sparks Stablecoin Demand Amid Liquidity Crisis  KuCoin

Paraguay President Peña under investigation, faces removal from office over bank collapse - AP NewsParaguay President Peña under investigation, faces removal from office over bank collapse  AP News

Ueno Bank collapse traps November wages and leaves 7,000 workers across five countries without jobs - Latin TimesUeno Bank collapse traps November wages and leaves 7,000 workers across five countries without jobs  Latin Times

Three Former Central Bank Of Paraguay Directors Arrested In Ueno Bank Case - The Asunción TimesThree Former Central Bank Of Paraguay Directors Arrested In Ueno Bank Case  The Asunción Times

Paraguay seizes major digital bank tied to president, leaving millions of customers in limbo - AP NewsParaguay seizes major digital bank tied to president, leaving millions of customers in limbo  AP News

King Salman and Crown Prince congratulate Alliana on taking oath as Paraguay president - Saudi GazetteKing Salman and Crown Prince congratulate Alliana on taking oath as Paraguay president  Saudi Gazette

Financial and political crisis in Paraguay: Yet another sign of failure of the liberal economic model - AliranFinancial and political crisis in Paraguay: Yet another sign of failure of the liberal economic model  Aliran

Lions relish Paraguay test as Mizuho Blue Challenge kicks off at National Stadium - Football Association of Singapore (FAS)Lions relish Paraguay test as Mizuho Blue Challenge kicks off at National Stadium  Football Association of Singapore (FAS)

Fitch places Paraguay on 'Rating Watch Negative' after Ueno Bank collapse - marketscreener.comFitch places Paraguay on 'Rating Watch Negative' after Ueno Bank collapse  marketscreener.com

Paraguay’s banking superintendent arrested in the Ueno Bank investigation - MercoPressParaguay’s banking superintendent arrested in the Ueno Bank investigation  MercoPress

Paraguay seizes major digital bank tied to president, leaving millions of customers in limbo - ABC News - Breaking News, Latest News and VideosParaguay seizes major digital bank tied to president, leaving millions of customers in limbo  ABC News - Breaking News, Latest News and Videos

World Championship organisers in Sweden and Paraguay under financial pressure - SPEEDWEEK.comWorld Championship organisers in Sweden and Paraguay under financial pressure  SPEEDWEEK.com

Paraguay President Santiago Peña resigns after bank collapse - BBCParaguay President Santiago Peña resigns after bank collapse  BBC

Lions show more bite despite 4-1 loss to Paraguay - The Straits TimesLions show more bite despite 4-1 loss to Paraguay  The Straits Times

Paraguay’s ousted president charged with crimes linked to collapse of major bank - AP NewsParaguay’s ousted president charged with crimes linked to collapse of major bank  AP News