'Paraguay has found itself in a key position'

A view of the capital city of Paraguay, Asuncion.

The skyline of Paraguay's capital city, Asunción

(Image credit: Stock Photo via Getty Images)

published 15 November 2024

'Cheap, clean energy is transforming Paraguay into the Silicon Valley of South America'

Arick Wierson at Newsweek

Paraguay has "historically been overshadowed by its larger and more well-known next-door neighbors, Argentina and Brazil," but the country is "about to become the Silicon Valley of South America," says Arick Wierson. Paraguay's "renewable power is attracting the attention of the world's AI heavyweights," and it is an "increasingly desirable target for foreign investment." But Paraguay "still has a lot of work to do in terms of telling its story to the rest of the world."

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Justin Klawans has worked as a staff writer at The Week since 2022. He began his career covering local news before joining Newsweek as a breaking news reporter, where he wrote about politics, national and global affairs, business, crime, sports, film, television and other Hollywood news. Justin has also freelanced for outlets including Collider and United Press International.