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Paraguay's New President Takes Office, Promises to Cut Poverty

Former senator Mario Abdo Benitez took office as Paraguay's new president Wednesday, pledging to cut poverty and fight corruption after winning national elections in April, but major changes to economic policy were not expected. Abdo, 46, a conservative Colorado party politician, replaces businessman and Colorado party member Horacio Cartes, a former soft-drink and tobacco executive who oversaw one of Latin America's highest growth rates and raised Paraguay's presence in...

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