# How Paraguay’s banking crisis toppled a president and left millions broke | Explainer

https://mins.news/en/video/137824

- Guardian News, 2026-11-10 18:54 UTC
- Economy
- Original: https://www.youtube.com/watch?v=c0Zp_a71RDw

> More than half of Paraguay’s population woke on 3 November unable to access their bank accounts, a day after payday. Ueno, which had expanded rapidly under Santiago Peña’s government, became the focus of a political and economic crisis that pushed the banking system to the brink of collapse. Protests spread nationwide, some turning violent in clashes with police, and impeachment proceedings began.

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