Paraguay Senate dismisses President Santiago Pena over bank crisis

AI Summary

Paraguay’s Senate has dismissed President Santiago Peña amid the collapse of a major bank linked to his government. The failure has frozen millions of customer accounts and tied up public pension and healthcare funds, adding a financial crisis to the country’s political upheaval.

Paraguay’s Senate has ousted President Santiago Pena over the collapse of a major bank tied to his government. Millions of customers' accounts are frozen, with public pension and health care funds also tied up.