The Paraguayan MM rally is in jeopardy because its main sponsor Ueno Bank collapsed and the country's president Santiago Peña resigned as a result of the crisis. #Paraguay #MMralli #Uutiset (translated)
Until March of last year, Peña was still a shareholder of the corporate group, as explained by Luis Ortiz, a sociologist from the National University in Asunción. #Paraguay #Bankenkrise #Amtsenthebungsverfahren (translated)
Paraguay is experiencing a state crisis due to the collapse of the digital bank Ueno. #Paraguay #Staatskrise #Digitalbank (translated)
The author noted that, amid the scandal that, he wrote, caused the collapse of Ueno Bank in Paraguay and left 3 million clients without access to their savings due to a bank freeze, the daughter of President Santiago Peña posted a photograph in the United States wearing a T-shirt that read "tax on the poor." The author described Peña as far-right. https://t.co/RrqiK6hJT3 #Paraguay #escándalo #crisisfinanciera #PY #US (translated)
The author wrote that in Paraguay around 3 million people – 60 percent of the adult population – lost access to their accounts and deposits after the central bank dissolved Ueno Bank due to lack of solvency. According to him, the unrest continued. He referred to President Santiago Peña as "right-wing." https://t.co/PfaAQGbpO2 #Paraguay #Wirtschaft #Unruhen #PY (translated)
The crisis caused by the bankruptcy of Ueno Bank has led to the resignation of President Santiago Peña, triggering protests from millions of account holders with frozen accounts and sowing chaos in Paraguay. #Paraguay #UenoBank #CrisiFinanziaria (translated)
In fact, the former president of Paraguay Horacio Cartes, who promoted Peña's electoral campaign in 2023, had confirmed in a statement that from the Colorado Party "we support the impeachment of the president in order to restore the institutional framework of the Republic." #Paraguay #SantiagoPeña #JuicioPolítico (translated)
Paraguay president Santiago Peña resigned due to the banking crisis, which also threatens the holding of the WRC stage in the country. #Paraguay #WRC #pangakriis (translated)
The president of Paraguay, Santiago Peña, has been impeached for conflicts of interest and misconduct related to the collapse of Ueno Bank, which froze millions of dollars and severely impacted the population. #Paraguay #Impeachment #UenoBank (translated)
Thousands of Paraguayans have taken to the streets over a banking scandal that has left nearly half the population without access to their savings. Protesters are demanding President Santiago Peña face impeachment despite his offer to resign. #Paraguay #BankingScandal #Impeachment
The banking crisis in Paraguay has culminated in the failure of the digital bank Ueno, leading to the resignation of President Santiago Peña and chaos among account holders, half of the population with blocked accounts and cards. #Paraguay #CrisiBancaria #UenoBank (translated)
"Paraguay and its government are a benchmark for their fiscal policy." Words of Santiago Abascal. Today, 70% of the Paraguayan people have had their savings stolen. No one can withdraw their money from the bank. They have bankrupted the pension system. Abascal's friend is fleeing. Vox says nothing. (translated)
The Congress in Paraguay did not accept the resignation of President Santiago Peña due to a banking scandal, and the session was not quorate at the time of the vote. #Paraguay #SantiagoPeña #Politik (translated)
The move follows a bank collapse and after the lower house of congress voted in favour of pursuing an impeachment trial against him. #Paraguay #PoliticalCrisis #Impeachment
Paraguay's president Santiago Peña remains in office despite his resignation, as Congress could not vote on the request while the country is plunging into a political crisis triggered by the banking scandal surrounding Ueno Bank. #Paraguay #PolitischeKrise #Bankenskandal (translated)
"We will not be on the side of the looting of public, private, and retirees' funds; we must think about the people and the values we uphold from the Colorado Party," said former president Horacio Cartes, the strongman of Paraguayan politics and mentor of Peña in the 2023 elections, in a public statement. #Paraguay #JuicioPolítico #SantiagoPeña (translated)
Santiago Peña, president of Paraguay, challenges Congress by announcing that he will defend himself in the impeachment trial against him, despite having submitted his resignation amid a financial scandal related to Ueno Bank, which was rejected by the deputies to prevent him from gaining immunity as a lifetime senator. #JuicioPolítico #SantiagoPeña #CrisisFinanciera (translated)
The Central Bank of Paraguay has begun reimbursing the depositors of Ueno Bank, but protests against the resignation of President Santiago Peña continue, with thousands of people gathering in front of Parliament to demand justice. #Paraguay #UenoBank #Proteste (translated)
The crisis of Ueno Bank in Paraguay has led to the resignation of President Santiago Peña, leaving millions of people without access to their money and causing a social and political scandal that recalls the Argentine 'corralito'. #CrisisBancaria #Paraguay #RenunciaPresidencial (translated)
Paraguay's President Santiago Peña has announced his resignation to preempt an impeachment process, but Congress initially made no decision on his request while the country slips from a banking crisis into a state crisis. #Paraguay #Staatskrise #Rücktritt (translated)
