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Yesterday — 6 November 2026Newspapers

Paraguay’s President Removed and Arrested Over Financial Crisis

7 November 2026 at 01:29
Santiago Peña was impeached, removed from office and placed under house arrest after a bank with close ties to his administration went under.

© Daniel Duarte/Agence France-Presse — Getty Images

Police officers outside a Ueno bank building in downtown Asunción, Paraguay’s capital, on Friday.

Paraguay’s President Removed and Arrested Over Financial Crisis

7 November 2026 at 01:29
Santiago Peña was impeached, removed from office and placed under house arrest after a bank with close ties to his administration went under.

© Daniel Duarte/Agence France-Presse — Getty Images

Police officers outside a Ueno bank building in downtown Asunción, Paraguay’s capital, on Friday.

Stable Labor Market Keeps Fed on Track to Raise Rates Gradually

6 November 2026 at 13:45
The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.

© Alex Wong/Getty Images

Kevin Warsh, Fed chairman, has settled on raising interest rates gradually as it seeks to tame inflation.
Before yesterdayNewspapers

Paraguay’s President, Santiago Peña, Quits Amid Ueno Bank Scandal

5 November 2026 at 21:37
The president of the South American nation, Santiago Peña, has apologized for failing to prevent its worst financial crisis in decades.

© Brendan Smialowski/Agence France-Presse — Getty Images

President Santiago Peña of Paraguay at the United Nations in New York in September.

Wanted: New Central Bank Chief. Expertise and Political Acumen Required.

31 October 2026 at 04:01
The looming departure of the European Central Bank’s president, Christine Lagarde, has set in motion a high-stakes search for her successor.

© Heiko Becker/Reuters

The European Central Bank president, Christine Lagarde, will step down in February.

Binance Suspends Withdrawals After Crypto Hackers Steal $6.3 Billion

The crypto exchange said it was compromised in what could be the biggest crypto heist ever. One research lab attributed the theft to “North Korea’s elite hacking unit.”

© Antonio Masiello/Getty Images

Changpeng Zhao, Binance’s founder, said the incident “does look like a hack.”

Christine Lagarde to Step Down as President of European Central Bank

29 October 2026 at 17:19
Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.

© Heiko Becker/Reuters

Christine Lagarde’s appointment as the European Central Bank’s first female president was the latest step in a career of breaking gender barriers, while also contending with economic crises.

Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year

28 October 2026 at 20:02
Kevin M. Warsh, the Federal Reserve’s chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028. It has traditionally voted eight times per year.

© Saul Loeb/Agence France-Presse — Getty Images

Kevin M. Warsh, the Fed chairman, said the central bank beginning next year will hold fewer meetings at which it votes on interest rates.
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