Pro-Trump President Peña of Paraguay resigns as half of the country cannot access bank accounts
Paraguayan President Santiago Peña resigned amid a banking crisis linked to Ueno, a digital bank where 60% of adults are customers. The bank faced solvency issues, prompting protests and government intervention. Peña is accused of conflicts of interest and mismanagement, leading to an impeachment process despite his resignation. Eight officials were arrested, and the Senate must decide on the impeachment. Peña, previously an IMF economist, promised reforms but faced criticism for his economic policies amid high poverty rates in Paraguay.
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