Ultima Hora

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Society - May 16, 2026, 7:00 AMParaguay's Magistrates Council Excludes Prosecutor Who Led Anti-Corruption Operation and Chooses Individual Investigated in Scandals

Paraguay's Magistrates Council passed over prosecutor Deny Yoon Pak, who led the mega-operation A Ultranza against drug trafficking, and chose Aldo Cantero, known as 'Aldo Canta 50' for allegedly negotiating cases, to join the shortlist for judge. The decision drew criticism from legal experts and accusations that the body prioritizes political loyalties over merit.

Politics - May 16, 2026, 7:00 AMBCP Celebrates Low Inflation, but Analyst Points to Structural Fragility and Compares to Alejo García's Accidental Discovery

The Central Bank of Paraguay (BCP) celebrates April inflation at 2.3%, below the 4% target, but analyst Alejo García argues the decline is artificial, driven by a 23% appreciation of the guarani against the dollar since July 2025, not by effective monetary policy. García points to flaws in the BCP's toolkit, such as the lack of high-frequency open market operations and an 'inverted corridor' of rates, indicating structural dysfunctions.

Politics - May 16, 2026, 7:00 AMVictims of the Promissory Note Mafia Remain Without Justice as New Frauds Emerge in Paraguay

The promissory note mafia, a scam scheme that has lasted two years, remains unpunished. Victims, mostly public employees, denounce judicial delays and new types of scams, such as the sale of promissory notes from closed companies and the non-return of documents after debt settlement. Senators and the mayor of Ciudad del Este met with those affected, but the justice system has not advanced.