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Paraguay President Santiago Pea resigns following bank collapse

ASUNCIÓN, Paraguay (AP) — Paraguayan President Santiago Peña resigned Thursday after losing the backing of his own party, as protests rocked the capital for a third day over the collapse of Ueno Bank, a major digital lender tied to his government that froze millions of people’s savings. Peña announced his resignation in a video posted to X, saying he was stepping down to preserve the country’s stability and democratic institutions while lawmakers gathered inside the Legislative Palace...

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