Paraguay Teachers Strike Over Pension Funds Caught in Ueno Bank Crisis
Teachers protested across Paraguay over roughly $60 million in public pension funds at Ueno Bank, pressing the new government for recoveries and clearer guarantees.
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Paraguay
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Paraguay Confirms New Central Bank Chief as Ueno Depositors Await Repayment
The Senate confirmed Jorge Schreiner and Fernando Rivarola to lead Paraguay’s central bank through the ueno aftermath. Repayments have started, but depositors and public pension funds still face unanswered questions.
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Paraguay Senate Removes Peña After Ueno Collapse; Resignation Had Not Taken Effect
Paraguay’s Senate removed President Santiago Peña by a 44-vote impeachment decision after lawmakers failed to accept his announced resignation. Pedro Alliana has been sworn in.
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Paraguay Takes Control of Ueno Bank: What Depositors Can Recover and What Remains Uncertain
Paraguay has begun a formal resolution process for ueno bank after a capital shortfall. Deposit coverage is defined, but the timing and recovery of larger balances remain unsettled.
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