THE PREROGATIVE CHANGED HANDS

After Peña's fall, CRUCIBEL maps the new risk to Paraguay's recognition of Taiwan and finds no support for a Washington-Beijing bargain over Taiwan's only ally in South America. Paraguay has not left Taiwan, and its new government says ties remain intact. But in one week the power over foreign policy passed to Pedro Alliana, a failed bank froze US$355 million of pension money, and the loudest pro-Beijing voice in the ruling party calls the new president a friend. CRUCIBEL maps the risk and tests whether Washington and Beijing are coordinating. The record does not support it. Published in CRUCIBEL Journal, 2026-11-08. Read the paper online: https://crucibeljournal.com/the-prerogative-changed-hands/