Paraguay’s Peña Submits Resignation Amid Ueno Bank Crisis

Paraguayan President Santiago Peña submitted his resignation after lawmakers voted 78–0 to open impeachment proceedings tied to the crisis at Ueno Bank. The central bank, meanwhile, named the first group of depositors eligible for payouts as it works through the bank's collapse. The twin moves deepen a political and financial crisis in one of Latin America's smaller economies and raise questions about the stability of its banking sector. Investors will watch whether the payout schedule holds and whether Peña's exit clears the way for a new government to stabilize Ueno's remaining depositors and creditors.