Dedicated Issues··Thursday, November 5, 2026, 1:02 PM

Paraguay’s President Peña Announces Resignation Amid Growing Pressure Over Bank Collapse

Paraguay’s President Santiago Peña announced his resignation from office in a statement on social media amid growing pressure following the sudden overnight closure of Ueno Bank due to a solvency crisis. This left millions of customers unable to access their money sparking intense public outcry and a major political scandal. #paraguay #president #santiagopeña The New

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