International
Santiago Peña takes office as president of Paraguay, promises prosperity and international presence
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.
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.
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”.
International
Iranian leader warns foreign powers have “no place” in Strait of Hormuz
Iran’s Supreme Leader, Mojtaba Khamenei, said Thursday that the Persian Gulf is entering a new era marked by a “bright” future without the presence of the United States in the region.
His remarks came during the commemoration of Persian Gulf Day, amid ongoing regional tensions following recent military confrontations involving Iran, the United States, and Israel.
“Today, two months after the largest military buildup and aggression by the bullies of the world in the region and the humiliating defeat of the United States, a new chapter is being written for the Persian Gulf and the Strait of Hormuz,” Khamenei stated.
The Iranian leader insisted that the future of the region would be free from American influence and focused instead on the internal development and prosperity of Gulf nations.
“By the power and strength of God, the bright future of the Persian Gulf region will be a future without the United States and dedicated to the progress, welfare, and prosperity of its nations,” he said.
Khamenei also questioned the effectiveness of U.S. military bases in the region, arguing that they do not provide security even for Washington’s allies.
“Foreigners who come from thousands of miles away and commit evil and malicious acts have no place there except at the bottom of its waters,” he declared.
In addition, the Iranian leader defended new measures being prepared by Tehran to regulate maritime traffic through the Strait of Hormuz, including fees for vessels passing through the strategic waterway. According to Khamenei, the policies would generate economic benefits and greater stability for the region.
Regional tensions remain high following the conflict that erupted on February 28 between the United States and Israel against Iran, leading to strategic blockades in the Strait of Hormuz, a route through which nearly 20% of the world’s oil supply previously passed. The situation has disrupted maritime trade and contributed to rising global oil prices.
Central America
U.S. and Regional Allies Back Panama Amid Dispute With China
The United States, Bolivia, Costa Rica, Guyana, Paraguay and Trinidad and Tobago issued a joint statement in support of Panama’s sovereignty, arguing that China’s recent actions represent an attempt to politicize maritime trade and undermine the sovereignty of nations in the hemisphere.
“We are closely monitoring China’s selective economic pressure and recent actions affecting vessels flying the Panamanian flag,” the statement released Tuesday said. “Panama is a pillar of our maritime trading system and, as such, must remain free from undue external pressure.”
The statement comes amid growing tensions surrounding the Panama Canal and the operation of key ports linked to global trade.
At the end of January, Panama’s Supreme Court invalidated the legal framework supporting the 1997 concession that granted Panama Ports Company, a subsidiary of CK Hutchison, the right to operate the Balboa and Cristóbal terminals located on the Pacific and Atlantic entrances of the Panama Canal.
The ruling followed mounting pressure from the United States to curb Chinese influence around the strategic waterway, through which roughly 5% of global maritime trade passes.
CK Hutchison, which managed the ports for nearly three decades, rejected the court’s decision and accused Panamanian authorities of illegally confiscating its assets. The company has launched international arbitration proceedings against Panama, seeking more than $2 billion in damages.
Following the court ruling, reports emerged of increased detentions and inspections of Panamanian-flagged vessels in China, actions widely viewed as retaliatory measures.
On Wednesday, China’s Foreign Ministry dismissed the joint statement as “completely unfounded and misleading,” accusing the United States of politicizing port operations and warning that Beijing would take steps to protect its interests in Panama.
International
King Charles III Says U.S.-UK Alliance Is “Irreplaceable and Unbreakable”
King Charles III of the United Kingdom reaffirmed the strength of the British-American relationship on Tuesday during a speech before the United States Congress, describing the alliance between the two nations as “irreplaceable and unbreakable.”
The address, delivered at the Capitol, marked the first speech by a British monarch before Congress since Queen Elizabeth II in 1991 and comes at a time of political tensions between Donald Trump’s administration and the Labour government of Prime Minister Keir Starmer.
“As President Trump himself observed during his state visit to Britain last autumn, the bond of kinship and identity between the United States and the United Kingdom is invaluable and eternal. It is irreplaceable and unbreakable,” the king said.
While reflecting on the upcoming 250th anniversary of U.S. independence, which will be commemorated this year, Charles III stated that the partnership between the two countries “was born out of disagreement, but is no less strong because of it.”
The monarch emphasized the democratic values shared by both nations and noted that major global changes have occurred whenever the two allies found common ground.
“When we have found that way to agree, great changes have taken place not only for the benefit of our peoples, but for all peoples,” he said.
King Charles also quoted British Prime Minister Keir Starmer, who recently described the relationship as “an indispensable alliance.”
Concluding his speech, the monarch described the shared history of the United States and the United Kingdom as “a story of reconciliation, renewal, and an extraordinary partnership.”
He added that Washington and London have forged “one of the most consequential alliances in human history.”
“I pray with all my heart that our alliance continues to defend our shared values, together with our partners in Europe, the Commonwealth, and around the world, and that we ignore calls urging us to become increasingly isolationist,” Charles III stated.
The king ended by urging both nations to “recommit to one another in selfless service to our peoples and to all peoples of the world.”
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