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( Paraguay) Paraguay, officially the Republic of Paraguay (Spanish República del Paraguay Spanish pronunciation [re'pußlika ðel pa?a'?wai]; Guaraní Tetã Paraguái), is one of the only two landlocked countries in South America (along with Bolivia). 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. Due to its central location in South America, the country is sometimes referred to as Corazón de América — Heart of America.[3]

The country is named for a river that runs almost right through the middle of it, from north to south. There are at least four versions for the origin of the river's name

The literal translation from Guaraní is Para = great river or sea; Gua = from or belonging to or place; Y = water or river or lake. This could lead to

The fourth version states that it could be a corruption from Payaguá-y, "river of the Payaguás", a tribe that inhabited the banks and navigated its course.

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