Paraguay has a new president. The predecessor was ousted shortly before.

Pedro Alliana has been sworn in as the new president of Paraguay following the impeachment of former president Santiago Peña. Peña was placed under house arrest amid a financial crisis linked to the collapse of the digital bank Ueno. The Senate unanimously voted to remove him from office due to concerns over his connections to the failed bank, which served nearly half of Paraguay's population. Despite offering his resignation, the Senate proceeded with impeachment. Protests erupted in Asunción demanding accountability for the bank's collapse and faster compensation for affected depositors, including pensioners. Alliana's appointment comes amid ongoing political instability and investigations into Peña's alleged misconduct.