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Business

Paraguay Bank Scandal, Corruption Charges Shakes Safe Haven Status

Paraguay won over investors in recent years thanks to strong growth, low taxes and a reputation as a safe haven in a vol...

Paraguay won over investors in recent years thanks to strong growth, low taxes and a reputation as a safe haven in a volatile region. But the president’s downfall, a central bank in disarray and a financial firm in ruins have left investors questioning whether the country is still a good bet.

SOURCE: Bloomberg - Economics
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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