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Paraguay's President Santiago Peña Impeached and Arrested

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Paraguay's President Santiago Peña has been impeached and arrested following a Senate trial over his responsibility in a banking crisis. The crisis left nearly 3 million people unable to access their funds. Peña, who had served as president since 2023, was removed from office on Friday, November 6, 2026. Vice President Pedro Alliana is succeeding him as the country's new leader. The impeachment marks a dramatic turn for the South American nation amid the financial fallout.

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Topics

politicsbankinggovernment