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Santiago Peña takes office as president of Paraguay, promises prosperity and international presence

Santiago Peña takes office as president of Paraguay, promises prosperity and international presence
Photo: AP

August 16|

Economist Santiago Peña took office on Tuesday as Paraguay’s new president with a promise to promote prosperity for all in his country and lead the South American nation to become a protagonist on the international scene.

Peña, 44, became the youngest president since the return to democracy and maintains the continuity in power of the conservative Colorado Party in Paraguay, a country that has faced allegations of corruption in the spheres of power and is the last South American nation to maintain diplomatic relations with Taiwan.

“Success is to make all Paraguayans better off and for the world to witness the resurgence of a giant,” the new president said at a ceremony in the Paraguayan capital.

The inauguration ceremony was attended by leaders from neighboring countries, including Luis Inácio Lula da Silva of Brazil, Alberto Fernández of Argentina and Gabriel Boric of Chile, to whom he said he will seek to make Paraguay a key country for South American integration, and will therefore seek to improve the functioning of the Mercosur sub-regional bloc.

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The ceremony was also attended by the King of Spain, Felipe VI, and the Vice President of Taiwan, William Lai, who traveled to Paraguay as part of a tour that will also take him to San Francisco and New York, at a time when China is seeking to increase the isolation of the autonomous island.

Regarding Taiwan, Peña said that their relationship is a sign of Paraguay’s policy of “alliances and cooperation with a geostrategic vision”.

Paraguay is one of 12 countries that still maintain diplomatic relations with Taiwan, mostly small and poor nations in Africa and the Caribbean.

“At the international level three global challenges generate geopolitical tensions: access to water, food security and energy sufficiency,” he said. “Paraguay being a power in those three major issues, we are called to be protagonists in the concert of nations.”

On the local level, he noted that his commitment is to “build a society where everyone can prosper,” he said, and pledged to generate at least 500,000 new jobs. In Paraguay, poverty reaches 24% of the little more than seven million inhabitants.

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Peña is a US-trained economist who worked for the International Monetary Fund.

In recent months, the issue of corruption in power circles has shaken the South American country. The United States accused former president Horario Cartes (2013-2018) of corruption and froze his assets. Cartes, considered Peña’s political “godfather”, owns a conglomerate of companies ranging from tobacco to cattle ranching and large media outlets, and has denied the charges.

In his speech as new president, Peña thanked Cartes, current president of the Colorado Party, for what he called his perseverance “in building consensus and seeking agreements over differences”.

On corruption, Peña said he had “the conviction” that it is solved “with an independent, impartial and fast justice, with sufficient resources to ensure an adequate and homogeneous administration throughout the national territory”.

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International

20th Festival Salvadoreñísimo brings together thousands of salvadorans in Houston

Parades, baton twirlers, and a mix of Salvadoran and international music set the tone for the 20th edition of the Festival Salvadoreñísimo, held in Houston, Texas, with Tony Villatoro once again leading the organization.

This year, the highly anticipated event moved to a new venue: The Crown Festival Park in Sugar Land, Fort Bend County, within the “space city.” Despite the scorching sun of the open-air setting, spirits remained high, and a brief drizzle later brought relief and renewed energy to the celebration.

More than 5,000 Salvadorans gathered at the park, joining with Guatemalans, Hondurans, and even Mexicans to commemorate 204 years of independence for El Salvador and Central America. The festival was marked by a family-friendly atmosphere, where traditional foods such as pupusas, panes con gallina, pastelitos, and horchata could not be missed.

“Twenty years with this festival, and I am very grateful to the Salvadoran community that always shows up. Thanks to them, the sponsors, and to Diario El Salvador for supporting us since the beginning,” said Tony Villatoro, as more compatriots continued arriving to the celebration.

“I am satisfied. I didn’t expect this level of attendance, especially since we were trying a new outdoor venue with some challenges, but we made it through successfully,” Villatoro added.

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The Festival Salvadoreñísimo, now a two-decade-long tradition, once again took place as part of Hispanic Heritage Month, a time when independence festivities run from mid-September through October.

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International

El Salvador unveils 2025-2029 National Reintegration Plan for returned migrants

The Ministry of Foreign Affairs has launched the National Reintegration Plan for Returned Salvadorans 2025-2029, a strategy designed to create greater opportunities, ensure access to quality services, and provide a favorable environment for Salvadorans returning to their home country to rebuild their lives.

The initiative is supported by the United Nations Network on Migration, coordinated by the International Organization for Migration (IOM), financed by the Peacebuilding Fund (PBF), and backed by the Inter-American Development Bank’s (IDB) Migration Unit.

During the presentation, Vice Minister of Diaspora and Human Mobility Cindy Mariella Portal emphasized that migrants often face multiple challenges upon returning to their communities.

“That is why we are implementing actions that generate real and sustainable opportunities for these individuals,” she stated.

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International

Authorities capture CJNG financial chief in international airport operation

A man identified as the main financial operator of the powerful Jalisco New Generation Cartel (CJNG) was arrested Thursday at Mexico City’s international airport, authorities reported.

The individual, named by Mexican media as Óscar Antonio Álvarez, was apprehended during an operation involving the army, navy, National Guard, police, and the attorney general’s office, according to a joint statement.

Álvarez is considered the primary financial operator of a criminal group originating in Jalisco, and the capture took place at Benito Juárez Airport as he arrived on a flight from Barcelona, Spain.

Authorities stated that Álvarez faces charges of organized crime and money laundering, specifically for receiving and transferring illicit funds. His work with the CJNG reportedly included purchasing properties and managing businesses in the tequila and livestock sectors.

According to El Universal, Álvarez was directly under the command of Rubén Oseguera Cervantes, “El Mencho”, the cartel’s top leader, for whom the U.S. offers a $15 million reward.

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The CJNG, which operates throughout Mexico and in various parts of the world, was designated earlier this year as a “foreign terrorist organization” by the U.S. government.

Álvarez was handed over to the federal public prosecutor to determine his legal situation, the report added.

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