AP Interview: Paraguay's new president wants taxes

ASUNCION, Paraguay (AP) — As one of the richest men in one of Latin America's poorest countries, Paraguay's new president says he knows the wealthy can do more to combat poverty, starting with landowners like him who can afford to pay taxes on the soy profits that are fueling a booming economy.

Paraguay Looking to Emulate Bolivia With First Dollar Bond Sale

Paraguay, the only Latin American economy set to contract this year, plans to issue the first dollar bonds in its two-century history in the first quarter of 2013 to tap booming global demand for higher yielding debt.

Mercosur welcomes Venezuela, suspends Paraguay

MENDOZA, Argentina (Reuters) - The Mercosur trade bloc - which includes regional heavyweights Brazil and Argentina - will make Venezuela a full member next month, uniting South America's biggest grains and energy exporters.