Paraguay President Peña Resigns Amid Ueno Bank Scandal Freezing 60% of Adult Accounts

President Santiago Peña has resigned following a scandal at Ueno Bank that froze the savings of 60% of Paraguay's adult population and compromised ~$380M in public and pension funds. The resignation marks a major political rupture, though the full extent of the financial fallout and any criminal liability remains unclear. This is a first-order political and financial stability event for Paraguay.

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