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Saturday, November 7, 2026

Paraguay’s bank collapse topples president, raises investor risks

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EU Chief Ursula Von Der Leyen Visits Paraguay To Sign Deal With Mercosur

Christian Alvarenga/Getty Images News

Paraguay’s former president, Santiago Peña, was brought before prosecutors Saturday after Congress removed him from office amid a banking crisis that has blocked millions of customers from accessing their money, the Associated Press reported.

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