World Politics
Paraguayan President Santiago Peña Impeached and Detained After Banking Collapse
Santiago Peña has been removed from office and placed under house arrest following a severe banking crisis in Paraguay that locked millions out of their financial accounts.
Paraguayan President Santiago Peña has been impeached and placed under house arrest in the wake of a major banking collapse in the country.
The political upheaval follows a widespread financial crisis that left millions of people across Paraguay unable to access their money.
The severe disruption to the nation's banking system ultimately led to Peña's ouster from the presidency as the country grapples with the economic fallout.
Reporting based on: BBC News. The facts come from the credited reporting; the words are our desk’s own.
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