Stories Tagged #Ueno Bank
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Pedro Alliana Assumes Paraguay Presidency Following Santiago Peña's Impeachment Over Banking Crisis
Pedro Alliana took the oath of office as Paraguay's president on Friday following the Senate's impeachment and removal of Santiago Peña. The political upheaval stems from a severe financial crisis sparked by the collapse of Ueno Bank, which left nearly half the nation's population locked out of their accounts.
Paraguayan Senate Launches Impeachment Against President Peña Over Ueno Bank Collapse
The Senate of Paraguay has begun impeachment proceedings against President Santiago Peña after the Central Bank took over Ueno Bank, leaving millions unable to access their funds and sparking mass protests.