Paraguayan President Santiago Peña has reportedly resigned amid a political crisis following the collapse of Ueno Bank, a digital lender allegedly linked to his former business interests. Peña announced his resignation on Thursday in a video message posted on social media, saying his decision was intended to protect th…

Paraguay President Santiago Peña announced his resignation after the country's lower house of Congress voted to pursue an impeachment trial against himThe crisis began when Ueno Bank, a financial institution linked to Peña, collapsed and froze operations, leaving millions unable to access their accountsLawmakers accuse…

Paraguayan President Santiago Pena announced his resignation on Thursday after the takeover of a bank linked to him blocked millions of people from accessing their money. Protests have roiled the South American nation after its central bank took control of Ueno Bank on Tuesday, citing a severe capital shortfall. Opposi…

…for Mbappé following what he described as racist attacks, while Paraguayan President Santiago Peña distanced himself from the senator's remarks, stating that they do not reflect the values of Paraguay. by Linda Ikeji at 10/07/2026 5:56 PM | Share this Story