Paraguay's banking crisis threatens the president's future
by editors@theworld.org (Tibisay Zea) from The World: Latest Stories on (#79K4M)
Paraguay is facing a deepening political crisis after authorities intervened following the collapse of one of the country's largest digital banks, leaving millions of customers unable to access their money. The collapse of Ueno Bank, which has ties to President Santiago Pena's former business partners, has triggered protests, criminal investigations and an impeachment effort against Pena and his vice president. The crisis has also exposed divisions within the ruling Colorado Party. Reporter Tibisay Zea explains.