PARAGUAY PRESIDENT ANNOUNCES RESIGNATION AS BANK COLLAPSE SPARKS POLITICAL CRISIS
President Santiago Peña of Paraguay announced his resignation on Thursday, November 5. This decision follows the collapse of Ueno Bank. The bank failure left millions of customers without access to their funds. These events triggered public protests. Peña also lost the support of his own Colorado Party. He faced increasing pressure leading up to the announcement.
PARAGUAY PRESIDENT ANNOUNCES RESIGNATION AS BANK COLLAPSE SPARKS POLITICAL CRISIS Paraguay’s President Santiago Peña announced his resignation on Thursday, 5 November, following the collapse of Ueno Bank, which left millions of customers unable to access their money and triggered protests. The announcement came as Peña lost support within his ruling Colorado Party and faced mounting […] The post PARAGUAY PRESIDENT ANNOUNCES RESIGNATION AS BANK COLLAPSE SPARKS POLITICAL CRISIS first appeared on The Zambian Observer .