Drought Threatens Paraguay’s Economy
July 28th, 2022
Via MercoPress, an article on how water levels in the Paraguay and Paraná Rivers are imperiling the country’s upcoming harvest, and causing problems for Paraguayan importers: Paraguayan exporters have decried over this weekend their latent concern about the Paraguay and Parana rivers’ low levels which might affect the grain season in January and February if no improvement […]
Read more »How One of South America’s Biggest Dams Became A Bitcoin Battleground
January 19th, 2022
Via Rest of World, a report on how one of South America’s biggest dams became a Bitcoin battleground: After the Covid-19 pandemic reached Paraguay in 2020, Christian Kaatz was working 12-hour days to keep his company, a local internet service provider (ISP), afloat. Looking for something to help him de-stress, he bought a high-powered PC […]
Read more »Severe Drought Hits South America
October 30th, 2021
Courtesy of The Wall Street Journal, an article on the impact of water scarcity in South America: Most years, when rains are normal, four Olympic swimming pools worth of water passes each second through the mammoth Itaipú Dam, churning out electricity for both Paraguay and Brazil and allowing ships and barges to export grains as […]
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