Paraguay's Alliana Takes Office After Peña Ousted, Pledges Compensation for Bank Collapse Victims

Pedro Alliana has assumed Paraguay's presidency after Santiago Peña was ousted amid a political crisis triggered by the collapse of Ueno Bank. Alliana has promised compensation for those affected by the financial collapse, though the scale and funding mechanism remain unclear. The event marks a significant political upheaval in Paraguay, with potential economic repercussions given the banking sector's instability.

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