Paraguay courts Taiwanese investors, warns against China reliance - finance minister

  • 📰 Reuters
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Sverige Nyheter Nyheter

Paraguay courts Taiwanese investors, warns against China reliance - finance minister
Sverige Senaste nytt,Sverige Rubriker

Paraguay is seeking more Taiwanese investment to diversify its farm-driven economy focused on exporting raw materials to China, incoming Finance Minister Carlos Fernandez Valdovinos said in an interview.

Paraguay remains the only South American nation with formal diplomatic relations with Taiwan, which China claims as its own territory. As Paraguay prepares for the Aug. 15, it has reinforced its 70-year friendship with the democratic island, even as China ramps up diplomatic and military pressure.

A Taiwan delegation including business leaders will travel to Paraguay in August for the inauguration of conservative President-elect Santiago Pena, he added.Paraguayan farmers who support switching ties to China to boost the landlocked country's agricultural exports "are not seeing the risks" that Beijing presents, Fernandez said.

Paraguay's cattle ranchers had been pressuring officials to gain access to the lucrative Chinese market for their beef before theBig meatpackers say they can get better prices elsewhere, as demand for more specialized cuts and processed foods grows.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

Reuters /  🏆 2. in SE
 

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Web3 Could Revolutionize Climate FinanceWeb3 Could Revolutionize Climate FinanceGrassroots crypto initiatives can close the 'climate funding gap,' incentivize a new generation of climate projects and help finance the optimistic ideas for fighting climate governments and institutions have not.
Källa: CoinDesk - 🏆 291. / 63 Läs mer »

Philippines need not match Fed's 25-basis point hike, finance minister saysPhilippines need not match Fed's 25-basis point hike, finance minister saysThe Philippines' finance minister said monetary authorities have room to pause on rate hikes in August despite a recent policy tightening by the U.S. Federal Reserve.
Källa: Reuters - 🏆 2. / 97 Läs mer »

Curve Finance factory pools targeted due to reentrancy vulnerabilityCurve Finance factory pools targeted due to reentrancy vulnerabilityFactory pools on Curve Finance faced a reentrancy vulnerability, a security flaw allowing potential funds drain from interrupted contract calls.
Källa: TheBlock__ - 🏆 464. / 53 Läs mer »

Curve Finance pools exploited in over $24M due to reentrancy vulnerabilityCurve Finance pools exploited in over $24M due to reentrancy vulnerabilitySeveral stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. Several stable pools on Curve Finance were exploited on July 30, with losses reaching $24 million. According to Vyper, its 0.2.15, 0.2.16, and 0.3.0 versions are vulnerable to malfunctioning reentrancy locks, leaving projects relying on these versions exposed to potential risks.
Källa: Cointelegraph - 🏆 562. / 51 Läs mer »