Paraguay's President-Elect Santiago Peña Strengthening Ties with Taiwan

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Source: The Economist
Paraguay's President-Elect Santiago Peña Strengthening Ties with Taiwan
Photo: The Economist
TL;DR

Santiago Peña, a former finance minister and economist at the IMF, won Paraguay's presidential election with nearly 43% of the vote. Peña's plans, though vague, resonated with voters, and advisers say a full manifesto will be drawn up soon. The distant runner-up was Efraín Alegre, a lawyer and former congressman. The biggest upset was Paraguayo Cubas, a nationalist firebrand who got 23% of the vote and split the opposition. The Colorados will have held power for 75 out of the last 80 years.

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