Construction cranes are seen behind the Shopping del Sol mall, right, in the financial district of Asunción.
Photographer: Santi Carneri/BloombergAn Underdog Trump Ally in Latin America Becomes an Investor Magnet
Entrepreneurs flock to Paraguay from across the region as sleek towers rise above the once-sleepy capital and its conservative president cozies up to the US.
Wedged between South American heavyweights Argentina and Brazil, Paraguay has long been ignored by the international community. Small, landlocked and poor, it was often seen as just a fly-over country.
So it’s a little surprising — to both those in the capital and in the region — that the country of 6.1 million people is suddenly having a moment.