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Agitated citizens rally on streets after bank holding half of Paraguay's savings collapses

short by Mini Tiwari / on Friday, 6 November, 2026
Protests have erupted in Paraguay after one of the country's largest banks, Ueno Bank, which holds nearly half of the population's savings, collapsed overnight. "They left us out of money...and now they want to kill us," a protester said amid police deployment. Paraguay President Santiago Peña, a former IMF economist, has resigned. "[Peña] is a criminal," another protester said.