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Latest Paraguay News more» 
  • JGB Bank owner buys HSBC’s South American division

    • The owner of Doral-based JGB Bank has agreed to purchase control of HSBC Holdings’ South American operations for $400 million, according to multiple media reports. Grupo Gilinski, led by Colombian banker Jaime Gilinski, had its GNB Sudameris agree to buy the HSBC operations in Colombia, Uruguay, Peru and Paraguay. The deal for the 62 branches and $4.4 billion in assets should close in the first quarter of 2013. Gilinski’s JGB Bank is a separate entity from his South American bank, and it is...
  • Paraguay indigenous skull returns

    • The skull of an indigenous Paraguayan girl kidnapped more a century ago is returned to her community for burial after being handed back by a museum in Berlin.
  • Asuncion demo

    • Asuncion demoNatives of an indigenous ethnic group dance as they take part in a protest during the commemoration of the American Indigenous People Day in Asuncion, Paraguay.



  • Analysis: Shale oil: from curse to cure for U.S. East Coast refiners?

    • NEW YORK (Reuters) - In 1902, the S.S. Paraguay set sail from Texas carrying the first shipment of 400,000 barrels of oil from the Spindletop field to a new refinery on the Delaware River. The Pew family, which had large holdings in Texas, built the plant to help absorb the gusher of crude that had unexpectedly emerged in east Texas, which lacked refining capacity and sufficient demand for the fuel. The Marcus Hook, Pennsylvania plant, perched at the tip of a spit of land, would provide both. Amid another U.S. ...
more» 
 
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