Rio Tinto Alcan in Talks with Paraguay Coup Government | The Media Co-op

Paraguay’s major newspaper is reporting today that the government of Paraguay–which came to power after a coup on June 22–has agreed to resume negotiations with Montreal-based Rio Tinto Alcan for a $4 billion aluminum plant.

The announcement follows a coup that led to the deposition of President Fernando Lugo, who was replaced by Federico Franco, head of the right-wing Paraguayan Liberal Party. Corporate media have called the coup a “lightning-quick impeachment,” but Lugo himself has said his removal constitutes an “institutional coup.” He was deposed after a rapid political trial which took place over a total of 32 hours.

via Rio Tinto Alcan in Talks with Paraguay Coup Government | The Media Co-op.

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