Paraguay's Peña quits as Ueno collapse triggers impeachment vote

Paraguayan President Santiago Peña resigned on Nov. 5 as the fallout from the collapse of digital lender Ueno pushed Congress toward impeachment and fueled street protests. Peña said he was stepping down to protect stability and democratic institutions. Earlier that day, opposition lawmakers had moved to open impeachment proceedings over alleged conflicts of interest, misuse of pension funds and an institutional cover-up tied to the bank's failure. The lower house approved Peña's impeachment after his resignation, while rejecting a parallel motion against Vice President Pedro Alliana. Paraguay's central bank had intervened in Ueno after finding it breached minimum solvency rules, leaving about 3 million customers unable to access accounts.