Paraguay bank collapse sparks financial crisis, puts president under pressure

KEY POINTS MAIN STORY The collapse of Ueno Bank, one of Paraguay’s largest lenders, has triggered a financial and political crisis, leaving millions of customers uncertain about access to their savings and prompting opposition lawmakers to seek the impeachment of President Santiago Peña. The country’s central bank placed the digital lender under resolution proceedings after … Continue reading Paraguay bank collapse sparks financial crisis, puts president under pressure