Global News
Paraguay’s Santiago Pena under arrest, new president Pedro Alliana sworn in
The sudden leadership change comes as Paraguay reels from the collapse of the Ueno Bank, a popular lender.
Tag: Paraguay
Global News
Why is Paraguay facing a banking and political crisis?
Ueno collapse raises questions about state influence and accountability.
Global News
How Paraguay’s Ueno collapse is only its latest banking crisis
President Santiago Pena is under fire over links to parent company of collapsed bank.
Business
Paraguay resumes Pena impeachment proceedings as financial crisis deepens
Political turmoil comes after a digital bank's failure has left half the population without access to their accounts.
Global News
Paraguay President Pena resigns in wake of bank collapse
President Pena, a Trump ally, had faced an impeachment motion and protests after the collapse of digital lender ueno.
Global News
China sanctions Paraguay, Belize ministers over Taiwan ties
Chinese Foreign Ministry cites national sovereignty and Taiwan separatist activities as reasons behind the measures.