Paraguay In Crisis: President Santiago Pena resigns as Ueno Bank collapse triggers impeachment move

Asunción: Paraguayan President Santiago Peña has submitted his resignation amid a major banking crisis triggered by the collapse of private lender Ueno Bank, saying the stability of the country, social peace and protection of democratic institutions must take precedence over any individual or political office. In a video message posted on X, Peña said he had decided to step down in the interest of safeguarding Paraguay’s institutional stability, as the banking crisis left thousands of customers

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.