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
Macron meets Machado, stresses need for democratic transition in Venezuela
Emmanuel Macron met on Monday at the Élysée Palace with Venezuelan opposition leader María Corina Machado, where they discussed the importance of advancing a democratic transition in Venezuela.
In a message shared on social media, Macron highlighted Machado’s commitment to freedom and stressed the need to achieve a transition that is peaceful and respects the will of the Venezuelan people.
“I received María Corina Machado, Nobel Peace Prize laureate. Together, we discussed her commitment to freedom and the importance of achieving a democratic, peaceful transition in Venezuela that respects the will of its people,” he wrote.
For her part, Machado expressed her “deep gratitude” to Macron and to France for their support of democracy and freedom in Venezuela.
“We have gone through a long and painful journey, and we are now very close to freedom. Venezuela will become a nation of free and equal men and women—prosperous, safe, and united,” she said.
International
Trump says Iran seeks new talks after failed negotiations in Pakistan
Donald Trump said on Monday that Iran has reached out to United States to resume negotiations, following the collapse of recent talks held in Islamabad.
“We’ve been contacted by the other side,” Trump told reporters, adding that Iran is eager to reach a deal “at all costs.” Speaking from the Oval Office, he reiterated that his main objective is to prevent the Islamic Republic from acquiring nuclear weapons and warned that he will not allow Iran to “blackmail” the international community.
After negotiations between Washington and Tehran ended without agreement on Sunday, Trump announced that the U.S. would move to block the Strait of Hormuz, a critical route for global oil trade.
The waterway had already been disrupted by Iran in response to a U.S. and Israeli offensive launched on February 28, causing significant shocks to the global economy.
In a post on Truth Social, Trump further warned that any Iranian vessel attempting to bypass the U.S. naval blockade in the strait would be “eliminated immediately.”
The renewed tensions have pushed oil prices higher, while global stock markets have reacted negatively to the lack of an agreement in Islamabad.
International
Trump orders U.S. control of Strait of Hormuz after failed Iran talks
U.S. President Donald Trump announced on Sunday that the United States will take control of the Strait of Hormuz“effective immediately,” following the collapse of negotiations with Iran held in Islamabad.
In a post on Truth Social, Trump said he had ordered the U.S. Navy to block vessels attempting to enter or exit the strategic waterway, a key route for global energy trade.
“The meeting went well, agreement was reached on most points, but the only really important one — nuclear weapons — was not approved,” Trump said, referring to the talks with Iranian representatives.
The president also stated that he had instructed authorities to intercept ships in international waters that had paid tolls to Iran to transit the strait, calling such payments “illegal.” He further accused Tehran of hindering an agreement by deploying mines in the area, describing the move as “international extortion.”
Trump added that the United States will undertake efforts to clear mines from the strait and expressed confidence that a future agreement ensuring free navigation could eventually be reached.
The announcement came after Vice President JD Vance and special envoys Steve Witkoff and Jared Kushner briefed the president on the outcome of the negotiations, considered the highest-level contacts between the two countries since the 1979 Islamic Revolution.
While Trump acknowledged that enough progress had been made to maintain a temporary truce, he criticized Iran for remaining unwilling to abandon its nuclear ambitions, calling its position “very inflexible” on the central issue.
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