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Paraguay’s president quits after millions ofpeople’s savings frozen in bank crisis

Santiago Peña’s rightwing administration had authorised Ueno Bank to drastically expand operations before collapse Paraguay’s rightwing president, Santiago Peña, resigned on Thursday after a political and financial crisis collapsed the South American country’s banking system in r

This is a source-based summary, not original reporting by Ebenezer journalists. Source: The Guardian · Original byline: Tiago Rogero South America correspondent. Ebenezer published 6 Nov 2026, 06:16 am. Editorial policy.

Read the original report on The Guardian →
Tiago Rogero South America correspondent6 Nov 2026, 06:16 amUpdated 2h ago1 min readWorldWorld
Paraguay’s president quits after millions of people’s savings frozen in bank crisis

World — Tiago Rogero South America correspondent

Santiago Peña’s rightwing administration had authorised Ueno Bank to drastically expand operations before collapse Paraguay’s rightwing president, Santiago Peña, resigned on Thursday after a political and financial crisis collapsed the South American country’s banking system in r

This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →

Source: The Guardian · Tiago Rogero South America correspondent. Published 6 Nov 2026, 06:16 am.

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