GLOBEALERT
Politics● ElevatedBreaking2h ago · Nov 5, 2026, 5:14 PM

Bank collapse in Paraguay: President Santiago Peña resigned after losing the support of his own Colorado Party

GlobeAlert Desk · curated from Clarín · South America

Linked to the Ueno Bank financial scandal, Peña resigned after deputies threatened to impeach him. Two former presidents from his same Colorado Party, Horacio Cartes and Nicanor Duarte, withdrew their support and he had to resign. He will be replaced by his vice president.

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Politics

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