Paraguay President Santiago Peña resigns after bank collapse sparks protests

Source: People DailyBy Francis Muli👁 2 views

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World politics

Paraguayan President Santiago Peña has resigned following a financial crisis at digital lender Ueno Bank that triggered nationwide protests, froze customers’ savings and fractured support for his administration within the ruling Colorado Party. Peña announced his decision on Thursday, November 5, 2026, saying he was stepping down to protect national stability, social peace and democratic […]


Author: Francis Muli
Source: People Daily

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