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Paraguayan presidential candidate Efrain Alegre waves a flag during a campaign rally in Fernando de la Mora.

REUTERS/Cesar Olmedo

Paraguay holds presidential election with geopolitical ripples

Paraguayans go to the polls Sunday to pick their next president. Domestically, the big story is whether centrist opposition leader Efraín Alegre can beat Santiago Peña from the right-wing Colorado Party, which has almost monopolized power since the country ditched military rule in 1989. But there are also two geopolitical angles to keep an eye on.

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