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Paraguay's President Santiago Pena resigns amid a bank crisis that froze millions of customers' accounts and sparked protests

Deutsche Welle·November 5, 2026

Paraguay's President Santiago Pena has resigned amid a crisis over his ties to collapsed lender Ueno. Millions of customers' accounts are frozen, with public pension and health care funds also tied up.

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Paraguay's President Santiago Pena resigns amid a bank crisis that froze millions of customers' accounts and sparked protests — TopNewsOn