Paraguay - Last minute and Luxury Holidays
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Paraguay, officially the Republic of Paraguay (Spanish: República del Paraguay, pron. IPA [re'pußlika del para'?waj], Guarani: Tetã Paraguái), is a landlocked country in South America. It lies on both banks of the Paraguay River, bordering Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest, and is located in the very heart of South America. 'Paraguay' is derived from the Guaraní word 'Pararaguay', meaning, 'From a Great River'. The 'Great River' is the Paraná River, which produces the greatest amount of hydroelectric power in the world.
The southeastern border is formed by the Parana River, containing the Itaipu dam shared with Brazil. It is currently the largest hydroelectric power plant in the world, generating nearly all of Paraguay's demand for electricity. Another large hydroelectric power plant on the Paraná river is Yacyretá, shared by Paraguay and Argentina. Paraguay is currently the world's largest exporter of hydroelectric power.
The local climate ranges from subtropical to temperate, with substantial rainfall in the eastern portions, though becoming semi-arid in the far west.
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