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Yesterday — 6 November 2026NYT - World

Paraguay’s President Removed and Arrested Over Financial Crisis

✇NYT - World
By: Zane Irwin and Laurence Blair
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.
Before yesterdayNYT - World

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

✇NYT - World
By: Laurence Blair
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.
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