Latest

All articles

Showing 24 of 1,315 articles

Search archive

Itaipu Binacional opens bidding for fleet insurance worth US$5.3 million amid criticism (Note: "G." stands for "Guarani," the Paraguayan currency, but converted here to US dollars for international readability. The original value of G. 5.300 million equals approximately US$5.3 million as of recent exchange rates.)

Itaipu Binacional has opened a bidding process for a fleet insurance contract worth Gs. 5.3 billion, maintaining solvency requirements despite criticism over restricted competition and high costs.

itaipu-binacionaljusto-zacarias-irun

Senator Filizzola demands explanations from IPS president over billions of guaranis sent to Ueno bank after rules were relaxed

Senator Rafael Filizzola demanded explanations from IPS president Isaías Fretes over the transfer of billions of guaranis from the social security fund to Ueno bank, which is linked to a former business partner of President Santiago Peña, following the relaxation of rules that reduced financial security requirements for the institution.

ipsuenosantiago-penagrupo-vazquez-sae
US Justice Department charges Marset with narcoterrorism and cocaine trafficking

US Justice Department charges Marset with narcoterrorism and cocaine trafficking

The U.S. Justice Department has expanded its charges against Uruguayan national Sebastián Marset, leader of the First Uruguay Cartel, to include narco-terrorism and international cocaine trafficking, following his capture in Bolivia and subsequent extradition. Prosecutors allege that he coordinated with the Gulf Clan to ship 1,700 kilograms of cocaine and relied on financial operators such as Federico Santoro Vassallo—who was sentenced to 15 years in prison—to launder the illicit profits through cryptocurrencies and international bank transfers.

sebastian-marsetfederico-santoro-vassalloclan-del-golfoorganized-crime-and-corruption-reporting-project
Paraguayan Senate to appoint new members to judicial bodies today

Paraguayan Senate to appoint new members to judicial bodies today

The Paraguayan Senate will decide this Wednesday on the renewal of its representatives on the Jury for the Impeachment of Magistrates and the Magistracy Council, with Senator Derlis Maidana leaving the JEM and Mario Varela seeking to retain his position, while the ruling party attempts to preserve its influence within the justice system.

jurado-de-enjuiciamiento-de-magistradosderlis-maidanamario-varelaedgar-lopez