{
  "id": 19103934,
  "title": "How a bank collapse left millions in limbo and toppled Paraguay's president",
  "url": "https://urgent.news/2026/11/09/how-a-bank-collapse-left-millions-in-limbo-and-toppled-paraguays",
  "topic": "world",
  "section": "World",
  "published": "2026-11-09T06:20:44.000Z",
  "source": {
    "name": "NPR",
    "slug": "npr",
    "url": "https://www.npr.org/2026/11/09/nx-s1-6034066/paraguay-president-pena-ueno"
  },
  "original_language": "en",
  "account": null,
  "summary": "The collapse of the digital bank Ueno over a five-day period has frozen the savings of nearly 3 million customers in Paraguay, according to The Economic Times and New Straits Times. The bank had previously been viewed as a success story that provided many of the country's 6.5 million people with their first bank accounts. NPR reports that the collapse exposed a web of political and financial ties.\n\nFollowing the bank's failure, President Santiago Pena was impeached on Friday evening after attempting to resign. Vice President Pedro Alliana has been sworn in as his replacement, according to The Economic Times and New Straits Times. Japan Times notes that until March 2025, Pena had been a business partner of the group that owns Ueno Bank.\n\nAuthorities arrested Pena, an economist and close ally of U.S. President Donald Trump, and a judge ordered him held in pretrial detention at a military facility, according to The Economic Times and New Straits Times. Prosecutors have charged him with breach of trust and administration for personal gain, and Hindustan Times - World News reports that he could face up to 20 years in prison if found guilty. Pena's attorney, Ricardo Preda, stated that his client is pleading not guilty.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "How a digital bank’s collapse toppled Paraguay’s president",
        "url": "https://urgent.news/2026/11/08/how-a-digital-banks-collapse-toppled-paraguays-president",
        "published": "2026-11-08T21:30:22.000Z"
      },
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Paraguay’s former president charged after bank collapse",
        "url": "https://urgent.news/2026/11/08/paraguays-former-president-charged-after-bank-collapse",
        "published": "2026-11-08T21:39:00.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Paraguay’s ousted president charged with crimes linked to bank collapse, may face 20 years in prison",
        "url": "https://urgent.news/2026/11/09/paraguays-ousted-president-charged-with-crimes-linked-to-bank",
        "published": "2026-11-09T01:01:04.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "How a digital bank's collapse toppled Paraguay's president",
        "url": "https://urgent.news/2026/11/09/how-a-digital-banks-collapse-toppled-paraguays-president",
        "published": "2026-11-09T01:59:05.000Z"
      },
      {
        "outlet": "The Economic Times",
        "title": "How a bank's collapse toppled Paraguay's president",
        "url": "https://urgent.news/2026/11/09/how-a-banks-collapse-toppled-paraguays-president",
        "published": "2026-11-09T02:10:36.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "How a digital bank’s collapse toppled Paraguay’s president",
        "url": "https://urgent.news/2026/11/09/how-a-digital-banks-collapse-toppled-paraguays-president-19092276",
        "published": "2026-11-09T04:21:00.000Z"
      }
    ]
  },
  "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."
}