Paraguay's President Santiago Peña resigns after bank collapse and impeachment vote
Paraguay's President Santiago Peña has resigned after the collapse of the digital lender ueno, an impeachment push in Congress and street protests.
Paraguay's President Santiago Peña has resigned. ABC News, the BBC, Deutsche Welle and Al Jazeera all report it, and all link it to the collapse of the lender ueno.
The BBC reports the lower house of Congress had voted in favour of pursuing an impeachment trial against him. Al Jazeera says he faced an impeachment motion and protests after ueno failed. It describes ueno as a digital lender and Peña as a Trump ally.
Deutsche Welle says the crisis centred on Peña's ties to ueno. It reports that millions of customers' accounts are frozen, and that public pension and health care funds are also tied up.
Its headline says the crisis sparked protests.
Reported by
- Deutsche WelleParaguay's President Santiago Pena resigns amid a bank crisis that froze millions of customers' accounts and sparked protestsThu, Nov 5, 11:28 AM EST
- Deutsche WelleParaguay: President Pena resigns amid bank crisisThu, Nov 5, 11:28 AM EST
- ABC NewsParaguay President Santiago Peña resigns following bank collapseThu, Nov 5, 11:39 AM EST
- BBC NewsParaguay President Santiago Peña resignsThu, Nov 5, 11:58 AM EST
- Al JazeeraParaguay President Pena resigns in wake of bank collapseThu, Nov 5, 12:08 PM EST
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.
Earlier versions (2)
- Thu, Nov 5, 12:05 PM EST, 3 outlets: Paraguay's President Santiago Peña resigns after bank collapse
- Thu, Nov 5, 11:45 AM EST, 2 outlets: Paraguay's President Santiago Peña resigns after bank collapse