Pedro Alliana sworn in as Paraguay president after Santiago Peña's impeachment

Santiago Peña, the former president of Paraguay, was placed under house arrest following his impeachment due to a banking crisis. Pedro Alliana, previously vice president, has assumed the presidency amid this turmoil. Alliana, a former basketball player and political figure, aims to address the financial crisis caused by the collapse of Ueno Bank, which affected many citizens' savings. He has a history in politics, having served in various roles, including governor and president of the Colorado Party. Despite facing criticism for nepotism, Alliana has expressed his presidential ambitions and received support from influential figures, although his relationship with Horacio Cartes has soured recently. He is now focused on stabilizing the country before his term ends in 2028.