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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Ueno Bank
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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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