# Why is Paraguay facing a banking and political crisis?

https://mins.news/en/video/132852

- Al Jazeera English, 2026-11-06 17:45 UTC
- World
- Original: https://www.youtube.com/watch?v=-9QGT-CNmpE

> Paraguay is in political turmoil after a banking scandal brought its president and major institutions under scrutiny. The collapse of fast-growing digital lender Ueno has left millions unable to access their savings. Congress rejected President Santiago Pena’s resignation and is pursuing impeachment, accusing him of negligence and complicity in an alleged cover-up involving the bank.

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