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How a bank collapse left millions in limbo and toppled Paraguay's president

Nov 9, 2026 · Charles Parkinson

Originally published by NPR News Read the original

How a bank collapse left millions in limbo and toppled Paraguay's president
Protesters hold signs outside Congress in Asunción, Paraguay, on Friday, Nov. 6, 2026. The Senate impeached and removed President Santiago Peña over allegations linked to the collapse of Ueno Bank. Vice President Pedro Alliana was sworn in as his successor.
Protesters hold signs outside Congress in Asunción, Paraguay, on Friday, Nov. 6, 2026. The Senate impeached and removed President Santiago Peña over allegations linked to the collapse of Ueno Bank. Vice President Pedro Alliana was sworn in as his successor.

A bank's collapse in Paraguay left millions locked out of their money, toppled the president and exposed a web of political and financial ties.

(Image credit: Jorge Saenz)

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