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How a bank collapse left millions in limbo and toppled Paraguay's president
Protesters hold signs outside Congress in Asunción, Paraguay, on Friday, Nov. 6, 2026. The Senate impeached and removed President Santiago Peña over allegations linked to the collapse of Ueno Bank.
AI Summary
Paraguayan protesters gathered outside Congress in Asunción on Nov. 6 after the Senate voted to impeach and remove President Santiago Peña, citing allegations tied to the sudden collapse of Ueno Bank. The bank’s services halted early Tuesday, leaving millions of Paraguayans unable to conduct routine transactions. Following Peña’s removal, Vice President Pedro Alliana was sworn in as the new president. The abrupt shutdown of Ueno Bank triggered immediate financial disruption for the country’s residents.
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