{
  "id": 18367581,
  "title": "‘The Master of Paraguay’ exploded, toppling the President",
  "url": "https://urgent.news/2026/11/05/o-master-do-paraguai-explodiu-derrubando-o-presidente",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-05T20:31:00.000Z",
  "source": {
    "name": "Brazil Journal",
    "slug": "brazil-journal",
    "url": "https://braziljournal.com/o-master-do-paraguai-explodiu-derrubando-o-presidente"
  },
  "original_language": "pt",
  "account": "Santiago Peña, the President of Paraguay, has resigned from his position in an attempt to avoid impeachment proceedings. He was accused of involvement in a scandal surrounding the collapse of Ueno Bank, the country's largest digital bank, which left 2.9 million customers without access to their deposits. The bank was liquidated by the Paraguayan Central Bank on Tuesday due to insufficient reserves, sparking three days of protests and ultimately leading to Peña's decision to step down. The country's vice president, Pedro Alliana, is expected to take over as president.",
  "summary": "It was a kind of Banco Master – but this one brought down a President. Santiago Peña, the President of Paraguay celebrated by international investors and who had been leading a cycle of rapid growth in the country, resigned today from his position.",
  "key_points": [
    "Ueno Bank, a successful digital institution, collapsed",
    "President Santiago Peña removed due to bank's failure",
    "Pedro Alliana becomes interim president"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}