If one follows the media reports of late about the rise of China or the BRICS countries, then the end of the supremacy of the USD as the world reserve currency seems only a matter of time. In this article, we will take a closer look at whether such a change is realistic or just […]
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The year 2022 has brought many changes in Paraguay As I write this article, the year 2022 has only a few days left. A good time to review the very eventful year 2022. On the one hand with a focus on Paraguay, but also on many events in the world. Anyone who looks at the […]
A new immigration law since October 2022 On Tuesday, Oct18, 2022, the President of Paraguay enacted a new immigration law in Paraguay with immediate effect. This law had been in planning for several years and was being drafted in Parliament from September 2021. In September 2022, the bill was also approved in the Senate […]
Inflation and interest rate in Paraguay 2022 In 2022, the increase in prices is a major issue worldwide. The largest economy in the world (USA) reports a year-on-year increase in prices of around 9.1%. These are the official figures. According to the website: http://www.shadowstats.com, it should even have been 16.8% by July. In the EU, […]
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