Paraguay: Pedro Alliana sworn in as president, ousted president Santiago Peña placed under house arrest

Pedro Alliana has been sworn in as Paraguay's new president following the impeachment of Santiago Peña due to a banking scandal affecting millions of savers. Alliana promised full compensation for those impacted by the financial chaos. The Senate unanimously found Peña guilty of misconduct related to the Ueno Bank crisis, leading to his removal. Peña is currently under house arrest and faces legal charges including breach of trust and influence peddling. The Central Bank has begun reimbursing affected depositors, with initial payments already made to around 700,000 individuals.