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New president of Paraguay sworn in

Multi-millionaire businessman Horacio Cartes has been sworn in as the president of Paraguay in a ceremony in the capital, Asuncion. In his inaugural speech, Mr Cartes, of the centre-right Colorado Party, promised to wage war on poverty. Paraguay is one of the poorest countries in South America. Mr Cartes, a relative newcomer to politics who had not voted before 2008, was elected with 45.8% of the ballots in April.