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Paraguay’s President Santiago Peña Resigns After Ueno Bank Collapse

Paraguay’s President Santiago Peña Resigns After Ueno Bank Collapse

Paraguayan President Santiago Peña resigned Thursday after Ueno Bank was abruptly shut overnight due to a solvency crisis, leaving customers unable to access funds. The shutdown triggered a political scandal that culminated in his departure, CNN reports.

Original headline

President of Paraguay resigns amid crisis over bank collapse

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