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Paraguayan President Santiago Peña resigns following major digital bank collapse

Paraguayan President Santiago Peña officially submitted his resignation on Thursday following the sudden collapse of digital lender Ueno Bank. The financial crisis froze access to millions of savings accounts, severely unsettling economic stability across the nation. Furthermore, Peña stepped down just hours before lawmakers in Congress initiated formal impeachment proceedings against his…

We haven't written up this one. Daily Times has the full story — the link below goes straight to it.

Read the original at dailytimes.com.pk →

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