Paraguay's Largest Digital Bank Collapses, Triggers Presidential Impeachment

The collapse of Banco Ueno, Paraguay's largest digital bank, has left thousands of customers unable to access their deposits and put funds used by public institutions at risk. The crisis also led …

Former Paraguayan President Santiago Peña was transferred to a military base early Saturday, Nov. 7, after clashes between police and protesters outside his home. The crowd demanded that he be …

Brazilian President Luiz Inácio Lula da Silva congratulated Pedro Alliana on Friday, Nov. 6, after Alliana took office as Paraguay's president following the impeachment of Santiago Peña. In a …

Former Paraguayan President Santiago Peña was arrested in Asunción on Friday night, Nov. 6, after a court issued an order for his detention, according to Paraguayan media. The National Police took …

A Paraguayan court ordered the arrest of former President Santiago Peña, who is accused of involvement in the Ueno Bank scandal. The order was announced Friday, Nov. 6, following a request from the …

Former Paraguayan President Santiago Peña posted a farewell message on social media Friday, Nov. 6, saying he had resigned to prevent further damage to the country. He said he did not want his …

Paraguay's Senate approved impeachment proceedings against President Santiago Peña on Friday, Nov. 6, amid allegations of ties to Banco Ueno, the country's largest digital bank. The bank was …

The U.S. Embassy in Paraguay called for peace and respect for the country's democratic institutions on Friday, Nov. 6, as a political crisis tied to the Ueno Bank scandal shook the government of …

Paraguayan President Santiago Peña did not attend the Senate session in person on Friday, Nov. 6, as lawmakers considered whether to impeach him. The proceedings are taking place amid a banking …

Paraguay's Senate rejected President Santiago Peña's request for an additional 72 hours to prepare his defense against impeachment. The case stems from a banking crisis surrounding the collapse of …

Paraguayan President Santiago Peña has asked the Senate for 72 additional hours to prepare his defense in an impeachment proceeding, after submitting his resignation, according to the report. The …

Paraguay's Senate is scheduled to resume President Santiago Peña's impeachment trial at 10 a.m. Friday, Nov. 6, with Peña expected to present his defense. He confirmed on social media that he …

Paraguay's Senate is scheduled to resume the impeachment trial of President Santiago Peña at 10 a.m. Friday, Nov. 6. Peña is expected to present his defense and confirmed on social media that he …

Paraguay's Senate is scheduled to resume impeachment proceedings against President Santiago Peña on Friday, Nov. 6. The Chamber of Deputies approved opening the case even though Peña had sought to …

Paraguayan President Santiago Peña announced his resignation on Thursday, Nov. 5, amid a crisis at Ueno Bank, a financial institution with millions of customers and substantial public deposits. The …

Paraguay's Interior Minister Enrique Riera resigned Thursday, Nov. 5, after President Santiago Peña also submitted his resignation, according to Paraguayan media. Riera is returning to the Senate, …