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Protests Erupt in Paraguay Following Banking Crisis and Presidential Fallout

Protests Erupt in Paraguay Following Banking Crisis and Presidential Fallout

Paraguayan protesters are back on the streets despite the removal of President
Paraguayan protesters are back on the streets despite the removal of President

A banking crisis that saw the president of Paraguay impeached Friday, November 6, continues to rock the country with protesters back on the streets. The Ueno Bank started as a digital first bank,...

How a digital bank’s collapse toppled Paraguay’s president
How a digital bank’s collapse toppled Paraguay’s president

The collapse has raised questions about regulatory oversight, political connections and the stability of Paraguay’s financial system

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

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)

Paraguay names Schreiner as central bank chief following Ueno collapse

Paraguayan President Pedro Alliana on Monday nominated economist Jorge Schreiner to head the central bank, following a crisis triggered by the intervention in digital bank

Impeached Paraguayan leader charged over banking crisis as protests wreak havoc
Impeached Paraguayan leader charged over banking crisis as protests wreak havoc

Paraguayan prosecutors charged ex-president Santiago Pena and took him into custody Saturday over a banking crisis that saw millions cut off from their money and sparked major protests.

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