Paraguay’s president quits after millions of people’s savings frozen in bank crisis

Source: The Guardian · 05 de novembro de 2026 às 15:48 · 8 h ago

🌍The Guardian

Santiago Peña’s rightwing administration had authorised Ueno Bank to drastically expand operations before collapse Paraguay’s rightwing president, Santiago Peña, resigned on Thursday after a political and financial crisis collapsed the South American…

The report was published on 05 de novembro de 2026 às 15:48 by The Guardian and is part of the World news coverage.

What other outlets are saying

• NPR: Paraguay's president is impeached minutes after resigning following a bank collapse — Paraguayan lawmakers voted to impeach President Santiago Peña minutes after his resignation, as the collapse of a digital bank tied to his…
• NPR: Paraguay's president is impeached minutes after resigning following a bank collapse — NPR Paraguay President Santiago Peña resigns after bank collapse BBC Bank collapse topples Trump ally in Paraguay The Telegraph Paraguay’s…
• BBC: Paraguay President Santiago Peña resigns after bank collapse — BBC President of Paraguay resigns as president of amid crisis over the closure of Ueno Bank CNN Paraguay’s swaggering digital bank has…
• Al Jazeera: 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.
• Reuters: Paraguay President Peña resigns under mounting pressure from bank collapse — Reuters President of Paraguay resigns amid crisis over bank collapse that left millions unable to access their money CNN Paraguay's…

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Credit: The Guardian.