From Bloomberg.
Paraguay resents a treaty with Brasil that bans it from selling excess power from its dam on the Parana river to other countries.
Paraguay estimates it could gain as much as $860 million dollars annually by such sales.
"Itaipu’s 1973 treaty, written by the dictators then in power in both countries, reflects the 'realpolitik of an ant staring up at an elephant,'" said a historian.
Popular Posts
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- MEXICO: Little Hope Remains For 9 Coal Miners After Explosion Kills 5; Billionaire Carlos Slim Slammed By Court.
- HONDURAS: Zelaya Free To Return...After Arrest Warrants Dismissed.
- MEXICO: Indigena Michoacan Residents Defy Narcos.
- EASTERN EUROPE: 17 Mar. UPDATE: 2 New Nukes...Still In Poles Future...Despite Japanese Tragedy; Merkel Imposes Old Nukes Moratorium; Czechs, Slovaks And Others Support New Nukes.
- MEXICO: C.Bank Bought...90 Tons Of Gold...In Past 3 Months.
- SERBIA: Singer "Ceca" Charged With Embezzlement.
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ARGENTINA: Gen. Menendez...Gets Another Life Sentence...For Killing 5 During "Dirty War."