Paraguay's Trump-aligned president resigns amid bank crisis

After being feted around Washington a mere two weeks ago, Paraguayan President Santiago Peña resigned Thursday amid ongoing impeachment proceedings over his irregular ties to a top digital bank that collapsed this week, locking out nearly half of the South American country’s population from its savings and pensions.The scandal over the now-insolvent ueno bank, which holds $850m in public funds and serves nearly 3 million customers, accelerated this week with the resignation of the country’s cent

Source: Responsible Statecraft