Paraguay

Country Paraguay
Capital Asunción
Continent South America
Currency GGuaraní(PYG)
Languages Spanish & Guaraní

Information

Introduction

Paraguay achieved its independence from Spain in 1811. In the disastrous War of the Triple Alliance (1865-70) - between Paraguay and Argentina, Brazil, and Uruguay - Paraguay lost two-thirds of all adult males and much of its territory. The country stagnated economically for the next half century. Following the Chaco War of 1932-35 with Bolivia, Paraguay gained a large part of the Chaco lowland region. The 35-year military dictatorship of Alfredo STROESSNER ended in 1989, and, despite a marked increase in political infighting in recent years, Paraguay has held relatively free and regular presidential elections since then.

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References

Paraguay - Wikipedia
Paraguay - CIA World Fact Book
Paraguay - BBC
Paraguay - Timeline - BBC

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News Headlines

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Paraguay's ex-President Santiago Pena's mansion raided amid Ueno Bank collapse investigation - WION
  1. Paraguay's ex-President Santiago Pena's mansion raided amid Ueno Bank collapse investigation  WION
  2. Video | Paraguay Bank News | Pedro Alliana Sworn In As President After Santiago Peña Impeachment  NDTV
  3. Bank collapse leaves half of Paraguay without funds, economist-president under house arrest  India Today
  4. Paraguay’s ousted president appears before prosecutors after impeachment  Al Jazeera
  5. Senate ousts Paraguay's former President, prosecutors place Peña under house arrest  The Times of India
  6. How a bank’s collapse led to Paraguay President Peña's impeachment and house arrest  Firstpost
  7. Ueno Bank collapse in Paraguay prompts President Santiago Peña to resign  Euronews.com
  8. In Photos: Protests And Political Turmoil In Paraguay After Ueno Bank Collapse  Outlook India
  9. Bank Collapse Takes Down a President and Trump Ally in Paraguay  Bloomberg.com


Why is Paraguay facing a banking and political crisis? - Al JazeeraWhy is Paraguay facing a banking and political crisis?  Al Jazeera

Police raid home of ex-President of Paraguay - The HinduPolice raid home of ex-President of Paraguay  The Hindu

Paraguay raids ex-president’s home: Why a bank crash brought down Pena - Al JazeeraParaguay raids ex-president’s home: Why a bank crash brought down Pena  Al Jazeera

How a bank collapse left millions in limbo and toppled Paraguay's president - NPRHow a bank collapse left millions in limbo and toppled Paraguay's president  NPR

A Country’s President Led to a Bank’s Stunning Rise, and Its Fall - The New York TimesA Country’s President Led to a Bank’s Stunning Rise, and Its Fall  The New York Times

Paraguay’s bank collapse brought down a president – and exposed as myth the nation’s status as a ‘Dubai of South America’ - The ConversationParaguay’s bank collapse brought down a president – and exposed as myth the nation’s status as a ‘Dubai of South America’  The Conversation

Paraguay repays Ueno depositors, UniCredit lifts capital ahead of Commerzbank deal - The Asian BankerParaguay repays Ueno depositors, UniCredit lifts capital ahead of Commerzbank deal  The Asian Banker

How a digital bank’s collapse toppled Paraguay’s president - The Japan TimesHow a digital bank’s collapse toppled Paraguay’s president  The Japan Times

‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke - The Guardian‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke  The Guardian

How a digital bank’s collapse toppled Paraguay’s president - ReutersHow a digital bank’s collapse toppled Paraguay’s president  Reuters

How a bank collapse in Paraguay brought down the country’s President | Explained - The HinduHow a bank collapse in Paraguay brought down the country’s President | Explained  The Hindu

Paraguay resumes Pena impeachment proceedings as financial crisis deepens - Al JazeeraParaguay resumes Pena impeachment proceedings as financial crisis deepens  Al Jazeera

Ties with Paraguay unaffected, Taiwan says after president resigns - ReutersTies with Paraguay unaffected, Taiwan says after president resigns  Reuters

Santiago Pena, Paraguay President, steps down as banking crisis sows chaos - The HinduSantiago Pena, Paraguay President, steps down as banking crisis sows chaos  The Hindu

Paraguay former president’s mansion raided in ongoing investigation - Al JazeeraParaguay former president’s mansion raided in ongoing investigation  Al Jazeera

Paraguay's ousted President charged with crimes linked to collapse of major bank - The HinduParaguay's ousted President charged with crimes linked to collapse of major bank  The Hindu

Paraguay’s ousted president charged over banking scandal - Al JazeeraParaguay’s ousted president charged over banking scandal  Al Jazeera

Paraguay’s Santiago Pena under arrest, new president Pedro Alliana sworn in - Al JazeeraParaguay’s Santiago Pena under arrest, new president Pedro Alliana sworn in  Al Jazeera

Paraguay’s Pena under military protection in bank collapse chaos - Al JazeeraParaguay’s Pena under military protection in bank collapse chaos  Al Jazeera

Paraguay: President Pena under house arrest over bank crisis - dw.comParaguay: President Pena under house arrest over bank crisis  dw.com

Paraguay President Impeached, Placed Under House Arrest Over Bank Scandal - NDTVParaguay President Impeached, Placed Under House Arrest Over Bank Scandal  NDTV

Paraguay’s president quits after millions of people’s savings frozen in bank crisis - The GuardianParaguay’s president quits after millions of people’s savings frozen in bank crisis  The Guardian

Paraguay's ousted president Peña ordered detained over collapsed lender - India TodayParaguay's ousted president Peña ordered detained over collapsed lender  India Today

Paraguay President Santiago Peña resigns following bank collapse - ABC News - Breaking News, Latest News and VideosParaguay President Santiago Peña resigns following bank collapse  ABC News - Breaking News, Latest News and Videos

Ousted Paraguayan president appears before prosecutors - NPROusted Paraguayan president appears before prosecutors  NPR

Ousted Paraguay president under house arrest after banking crisis leaves 60% of country unable to access accounts - The GuardianOusted Paraguay president under house arrest after banking crisis leaves 60% of country unable to access accounts  The Guardian

Paraguay Senate votes to impeach President Peña - ReutersParaguay Senate votes to impeach President Peña  Reuters

Pedro Alliana sworn in as Paraguay president after Santiago Peña's impeachment - Euronews.comPedro Alliana sworn in as Paraguay president after Santiago Peña's impeachment  Euronews.com

How a bank’s collapse brought down Paraguay’s president Santiago Peña in four days | HT Explainers - Hindustan TimesHow a bank’s collapse brought down Paraguay’s president Santiago Peña in four days | HT Explainers  Hindustan Times

Paraguay - Lessons from Peña’s sudden removal - Latin America Risk ReportParaguay - Lessons from Peña’s sudden removal  Latin America Risk Report

Paraguay swears in new president as Peña is put under house arrest - ReutersParaguay swears in new president as Peña is put under house arrest  Reuters

Paraguay's president is impeached minutes after resigning following a bank collapse - NPRParaguay's president is impeached minutes after resigning following a bank collapse  NPR

How Paraguay’s Ueno collapse is only its latest banking crisis - Al JazeeraHow Paraguay’s Ueno collapse is only its latest banking crisis  Al Jazeera

Unrest in Paraguay amid banking and political crises, in photos - AP NewsUnrest in Paraguay amid banking and political crises, in photos  AP News

What is ueno bank and how did it trigger Paraguay's political crisis? - ReutersWhat is ueno bank and how did it trigger Paraguay's political crisis?  Reuters

A bank collapse exposes the dark side of Latin America’s star economy - Financial TimesA bank collapse exposes the dark side of Latin America’s star economy  Financial Times

Paraguay's Alliana sworn in as President as ousted Pena placed under house arrest - India TodayParaguay's Alliana sworn in as President as ousted Pena placed under house arrest  India Today

ASUNCION, Paraguay — Police in Paraguay raided the home of ex-president Santiago Pena as part of a probe into a banking crisis that triggered his dismissal from office and criminal charges against him. Read more: https://tmt.ph/2465026 - LinkedInASUNCION, Paraguay — Police in Paraguay raided the home of ex-president Santiago Pena as part of a probe into a banking crisis that triggered his dismissal from office and criminal charges against him. Read more: https://tmt.ph/2465026  LinkedIn

Bank Crisis Drives an Ex-President to Wrest Power Back From His Protégé - Bloomberg.comBank Crisis Drives an Ex-President to Wrest Power Back From His Protégé  Bloomberg.com

Paraguay's Peña resigns as bank collapse triggers political crisis - ReutersParaguay's Peña resigns as bank collapse triggers political crisis  Reuters

Paraguay prosecutors consider blasting open ex-president's vault - upiParaguay prosecutors consider blasting open ex-president's vault  upi

Who is Paraguay's new president Pedro Alliana? - ReutersWho is Paraguay's new president Pedro Alliana?  Reuters

Judge orders Paraguay's ex-president Peña held before trial - ReutersJudge orders Paraguay's ex-president Peña held before trial  Reuters

Paraguay Senators Remove Peña From Office After Bank Scandal - Bloomberg.comParaguay Senators Remove Peña From Office After Bank Scandal  Bloomberg.com

Paraguay prosecutors charge ex-President Peña, seek pretrial detention - ThePrintParaguay prosecutors charge ex-President Peña, seek pretrial detention  ThePrint

Paraguay’s swaggering digital bank has fallen - The EconomistParaguay’s swaggering digital bank has fallen  The Economist

Paraguay president impeached and under house arrest following bank collapse scandal - CNNParaguay president impeached and under house arrest following bank collapse scandal  CNN

Paraguay crisis raises concerns among Brazilian businesses - Valor InternationalParaguay crisis raises concerns among Brazilian businesses  Valor International

Paraguay's Alliana sworn in as president after Peña impeachment - ReutersParaguay's Alliana sworn in as president after Peña impeachment  Reuters

Paraguay’s Leader Resigns After Bank Failure Leaves Millions Without Savings - The New York TimesParaguay’s Leader Resigns After Bank Failure Leaves Millions Without Savings  The New York Times

Paraguay leadership in limbo as impeachment trial starts against president - ThePrintParaguay leadership in limbo as impeachment trial starts against president  ThePrint

How a digital bank’s collapse toppled Paraguay’s president By Reuters - Investing.comHow a digital bank’s collapse toppled Paraguay’s president By Reuters  Investing.com

Prosecutors Charge Paraguay’s Former President With Corruption - The New York TimesProsecutors Charge Paraguay’s Former President With Corruption  The New York Times

How a digital bank’s collapse toppled Paraguay’s president - TradingViewHow a digital bank’s collapse toppled Paraguay’s president  TradingView

Paraguay's largest digital bank collapses - American BankerParaguay's largest digital bank collapses  American Banker

Paraguay ex-president's mansion raided in Ueno Bank probe | Tap to know more | Inshorts - InshortsParaguay ex-president's mansion raided in Ueno Bank probe | Tap to know more | Inshorts  Inshorts

Paraguay Senate removes president from office in bank collapse impeachment trial - Jurist.orgParaguay Senate removes president from office in bank collapse impeachment trial  Jurist.org

Paraguay searches ex-president Peña’s home — The Hindu - UA.NEWSParaguay searches ex-president Peña’s home — The Hindu  UA.NEWS

Is Paraguay another Lebanon? Finance experts compare crises - Arab NewsIs Paraguay another Lebanon? Finance experts compare crises  Arab News

COMMENT: Is China pulling the strings behind Paraguay’s troubles to turn Asuncion against Taiwan? - IntelliNewsCOMMENT: Is China pulling the strings behind Paraguay’s troubles to turn Asuncion against Taiwan?  IntelliNews

Paraguay President Peña under investigation, faces removal from office over bank collapse - AP NewsParaguay President Peña under investigation, faces removal from office over bank collapse  AP News

Paraguay president ousted and placed under house arrest, successor sworn in - CNAParaguay president ousted and placed under house arrest, successor sworn in  CNA

Policía detiene a destituido presidente de Paraguay - dw.comPolicía detiene a destituido presidente de Paraguay  dw.com

Paraguay prosecutors weigh blowing up vault in ousted president’s mansion - IntelliNewsParaguay prosecutors weigh blowing up vault in ousted president’s mansion  IntelliNews

Paraguay - Culture, Traditions, Cuisine - BritannicaParaguay - Culture, Traditions, Cuisine  Britannica

Ueno collapse forces recapitalization of Paraguay’s credit guarantee fund - Valor InternationalUeno collapse forces recapitalization of Paraguay’s credit guarantee fund  Valor International

The Lasting Legacy Of Poet Josefina Plá, A Century Since Her Arrival In Paraguay - The Asunción TimesThe Lasting Legacy Of Poet Josefina Plá, A Century Since Her Arrival In Paraguay  The Asunción Times

How a digital bank's collapse toppled Paraguay's president - The Business StandardHow a digital bank's collapse toppled Paraguay's president  The Business Standard

Santiago Peña Ousted as Paraguay's President Amid Banking Scandal - India News NetworkSantiago Peña Ousted as Paraguay's President Amid Banking Scandal  India News Network

Paraguay’s ousted president charged with crimes linked to collapse of major bank - AP NewsParaguay’s ousted president charged with crimes linked to collapse of major bank  AP News

Inside Paraguay’s Currency Slide: Guaraní Faces New Week After Sharp Depreciation - The Asunción TimesInside Paraguay’s Currency Slide: Guaraní Faces New Week After Sharp Depreciation  The Asunción Times

Paraguay ex-president Peña placed under house arrest after impeachment - ReutersParaguay ex-president Peña placed under house arrest after impeachment  Reuters

Paraguay’s ex-president taken into custody over alleged bank crisis role - The Times of IsraelParaguay’s ex-president taken into custody over alleged bank crisis role  The Times of Israel

Paraguay President Santiago Peña resigns after bank collapse - BBCParaguay President Santiago Peña resigns after bank collapse  BBC

Paraguay President Peña under investigation, faces removal from office over bank collapse - Bluefield Daily TelegraphParaguay President Peña under investigation, faces removal from office over bank collapse  Bluefield Daily Telegraph

Ousted Paraguayan president placed under house arrest after bank collapse - AP NewsOusted Paraguayan president placed under house arrest after bank collapse  AP News

Argentine Violinist Lucía Luque Headlines Paraguay’s First Violin Festival - The Asunción TimesArgentine Violinist Lucía Luque Headlines Paraguay’s First Violin Festival  The Asunción Times

Paraguay’s impeached president charged over business links to bank collapse - France 24Paraguay’s impeached president charged over business links to bank collapse  France 24

Paraguay's President Santiago Peña impeached and under house arrest - BBCParaguay's President Santiago Peña impeached and under house arrest  BBC

Paraguay’s bank collapse brought down a president – and exposed as myth the nation’s status as a ‘Dubai of South America’ - Caledonian RecordParaguay’s bank collapse brought down a president – and exposed as myth the nation’s status as a ‘Dubai of South America’  Caledonian Record

Paraguay's ousted president under house arrest after bank collapse leaves millions locked out of accounts - CBS NewsParaguay's ousted president under house arrest after bank collapse leaves millions locked out of accounts  CBS News

Disgraced Paraguayan Ex-President Charged with Corruption over Bank Collapse - Democracy Now!Disgraced Paraguayan Ex-President Charged with Corruption over Bank Collapse  Democracy Now!

School meals to be suspended in Paraguay due to teachers’ strike — The Rio Times - UA.NEWSSchool meals to be suspended in Paraguay due to teachers’ strike — The Rio Times  UA.NEWS

Paraguay's impeached president Peña put under house arrest - Le Monde.frParaguay's impeached president Peña put under house arrest  Le Monde.fr

Bankenskandal: Paraguays Ex-Präsident Peña muss in U-Haft - dw.comBankenskandal: Paraguays Ex-Präsident Peña muss in U-Haft  dw.com

Paraguay: Senate impeached Peña rather than accept his offer to resign - France 24Paraguay: Senate impeached Peña rather than accept his offer to resign  France 24

Political turmoil threatens deeper Mercosur integration - Valor InternationalPolitical turmoil threatens deeper Mercosur integration  Valor International

Paraguay’s New 100,000 Guaraní Banknote Now In Circulation: What You Need To Know - The Asunción TimesParaguay’s New 100,000 Guaraní Banknote Now In Circulation: What You Need To Know  The Asunción Times

Paraguay seizes major digital bank tied to president, leaving millions of customers in limbo - ABC News - Breaking News, Latest News and VideosParaguay seizes major digital bank tied to president, leaving millions of customers in limbo  ABC News - Breaking News, Latest News and Videos

U.S.-Paraguay Cooperation to Advance Prosperity and Security - U.S. Department of State (.gov)U.S.-Paraguay Cooperation to Advance Prosperity and Security  U.S. Department of State (.gov)

Paraguay seizes major digital bank tied to president, leaving millions of customers in limbo - AP NewsParaguay seizes major digital bank tied to president, leaving millions of customers in limbo  AP News