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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Paraguay bank crisis: How much money is at stake? | Hindustan Times - Hindustan Times
  1. Paraguay bank crisis: How much money is at stake? | Hindustan Times  Hindustan Times
  2. How a bank collapse in Paraguay brought down the country’s President | Explained  The Hindu
  3. Watch: Ueno Bank collapse: How Paraguay’s banking crisis unfolded | Business Matters  The Hindu
  4. Paraguay’s president names Schreiner to head central bank  ThePrint
  5. Paraguay former president’s mansion raided in ongoing investigation  Al Jazeera
  6. Paraguay digital bank collapse leaves market traders scrambling for alternatives By Reuters  Investing.com
  7. Paraguay Crisis: Bank Fails, President Impeached  NewsForKids.net
  8. Paraguay banking crisis: New President orders all ministers to resign, appoints Schreiner as new central bank head  WION
  9. Paraguay President Peña Charged With Crimes After Ouster  Bloomberg.com


Ueno Bank collapse in Paraguay prompts President Santiago Peña to resign - Euronews.comUeno Bank collapse in Paraguay prompts President Santiago Peña to resign  Euronews.com

Paraguay digital bank collapse leaves market traders scrambling for alternatives - ReutersParaguay digital bank collapse leaves market traders scrambling for alternatives  Reuters

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

Dakar 2026: Marko Kaethler wins Paraguay's first Olympic gold, as Sarr takes taekwondo title for Senegal – Day 10 recap - OlympicsDakar 2026: Marko Kaethler wins Paraguay's first Olympic gold, as Sarr takes taekwondo title for Senegal – Day 10 recap  Olympics

Bank collapse scandal in Paraguay leaves millions of customers unable to access their money - CNNBank collapse scandal in Paraguay leaves millions of customers unable to access their money  CNN

Paraguay Bank Collapse Tests LatAm’s Credibility - Global Finance MagazineParaguay Bank Collapse Tests LatAm’s Credibility  Global Finance Magazine

Paraguay Banking Crisis Topples Santiago Peña, Sparks Political Turmoil - Politics TodayParaguay Banking Crisis Topples Santiago Peña, Sparks Political Turmoil  Politics Today

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

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 Bank Collapse Sparks Stablecoin Demand Amid Liquidity Crisis - KuCoinParaguay Bank Collapse Sparks Stablecoin Demand Amid Liquidity Crisis  KuCoin

How Paraguay's banking crisis ousted a president and left millions broke – explainer - The GuardianHow Paraguay's banking crisis ousted a president and left millions broke – explainer  The Guardian

Longspur Clean Energy - ATOME - ATOME Clarifies Paraguay Situation - Vox MarketsLongspur Clean Energy - ATOME - ATOME Clarifies Paraguay Situation  Vox Markets

Paraguay bank collapse hits millions - NPRParaguay bank collapse hits millions  NPR

How Paraguay’s banking crisis toppled a staunch Trump ally in Latin America - CNNHow Paraguay’s banking crisis toppled a staunch Trump ally in Latin America  CNN

‘We said no, no, no, but they kept insisting’: the Paraguayan people battling a eucalyptus empire - The Guardian‘We said no, no, no, but they kept insisting’: the Paraguayan people battling a eucalyptus empire  The Guardian

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 widens probe into collapsed digital bank and installs new central bank head - ReutersParaguay widens probe into collapsed digital bank and installs new central bank head  Reuters

‘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

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 Congress rejects President Pena’s resignation after bank collapse - Al JazeeraParaguay Congress rejects President Pena’s resignation after bank collapse  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

Paraguay Returns $340 Million to Ueno Bank Depositors After Banking Crisis - www.nationpathindia.comParaguay Returns $340 Million to Ueno Bank Depositors After Banking Crisis  www.nationpathindia.com

Crisis-hit Paraguay asks for help to recover missing Ueno funds - bfsi.economictimes.indiatimes.comCrisis-hit Paraguay asks for help to recover missing Ueno funds  bfsi.economictimes.indiatimes.com

Paraguay’s New President Overhauls Cabinet After Peña Ouster - LivemintParaguay’s New President Overhauls Cabinet After Peña Ouster  Livemint

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

Paraguay digital bank collapse leaves millions out of pocket - ReutersParaguay digital bank collapse leaves millions out of pocket  Reuters

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’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 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

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

Paraguay’s Ueno Bank Crisis: Digital Banking, Financial Turmoil and Geopolitical Fallout - Modern DiplomacyParaguay’s Ueno Bank Crisis: Digital Banking, Financial Turmoil and Geopolitical Fallout  Modern Diplomacy

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

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

Paraguay Says Nearly All Ueno Savers Got Payments After Collapse - Bloomberg.comParaguay Says Nearly All Ueno Savers Got Payments After Collapse  Bloomberg.com

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

What next for Nubicom in Paraguay after Ueno Bank turmoil? - BNamericasWhat next for Nubicom in Paraguay after Ueno Bank turmoil?  BNamericas

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

Paraguay reimburses nearly all eligible depositors after bank seizure | Daily Sabah - Daily SabahParaguay reimburses nearly all eligible depositors after bank seizure | Daily Sabah  Daily Sabah

Bank implicated in Paraguayan financial crisis sponsored far-right Gala at Trump’s Mar-a-Lago - Monthly ReviewBank implicated in Paraguayan financial crisis sponsored far-right Gala at Trump’s Mar-a-Lago  Monthly Review

Cash Transport Plane Crashes In Paraguay, Killing Pilot; $2M Looted From Wreckage - aviationtoday.inCash Transport Plane Crashes In Paraguay, Killing Pilot; $2M Looted From Wreckage  aviationtoday.in

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

Paraguay Congress confirms Schreiner as new central bank head - ReutersParaguay Congress confirms Schreiner as new central bank head  Reuters

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

Paraguay Unions Demand Seizure of Assets of Those Involved in Ueno Bank Scandal - Orinoco TribuneParaguay Unions Demand Seizure of Assets of Those Involved in Ueno Bank Scandal  Orinoco Tribune

Paraguay traders seek payment alternatives after ueno collapse freezes millions of accounts - Traders UnionParaguay traders seek payment alternatives after ueno collapse freezes millions of accounts  Traders Union

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’s Banking Crisis And The Politics Of Impunity – Analysis - Eurasia ReviewParaguay’s Banking Crisis And The Politics Of Impunity – Analysis  Eurasia Review

Paraguay’s public works minister offers predictability and continuity of projects - BNamericasParaguay’s public works minister offers predictability and continuity of projects  BNamericas

Taiwan in contact with new Paraguayan leader; ties stable: MOFA - Taipei TimesTaiwan in contact with new Paraguayan leader; ties stable: MOFA  Taipei Times

The Bank Blowup Shaking Paraguay and Investor Confidence - Bloomberg.comThe Bank Blowup Shaking Paraguay and Investor Confidence  Bloomberg.com

Paraguay's New President Pledges to Recover $800 Million in Pension Funds Tied to Ueno Bank Collapse - BigGo FinanceParaguay's New President Pledges to Recover $800 Million in Pension Funds Tied to Ueno Bank Collapse  BigGo Finance

Paraguay’s New President Overhauls Cabinet After Peña Ouster - Bloomberg.comParaguay’s New President Overhauls Cabinet After Peña Ouster  Bloomberg.com

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 digital bank collapse leaves market traders scrambling for alternatives - The Lufkin Daily NewsParaguay digital bank collapse leaves market traders scrambling for alternatives  The Lufkin Daily News

Paraguay's new president vows to recover pension funds at risk in Ueno Bank crisis - Euronews.comParaguay's new president vows to recover pension funds at risk in Ueno Bank crisis  Euronews.com

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

How a bank collapse in Paraguay toppled a president and put savings at risk - Miami HeraldHow a bank collapse in Paraguay toppled a president and put savings at risk  Miami Herald

How Ueno, the Paraguayan bank that promised customers 40% cashback, went bust - EL PAÍS EnglishHow Ueno, the Paraguayan bank that promised customers 40% cashback, went bust  EL PAÍS English

Paraguay’s President Impeached: Why, and What Comes Next? - AS/COAParaguay’s President Impeached: Why, and What Comes Next?  AS/COA

The great scam that brought down Paraguay’s economic ‘miracle’ - In Defence of MarxismThe great scam that brought down Paraguay’s economic ‘miracle’  In Defence of Marxism

Paraguay’s New President Asks All Ministers to Resign Amid Bank Crisis - ASHARQ AL-AWSAT EnglishParaguay’s New President Asks All Ministers to Resign Amid Bank Crisis  ASHARQ AL-AWSAT English

Paraguay widens probe into bank collapse - The StarParaguay widens probe into bank collapse  The Star

The Financial and Political Crisis in Paraguay - CounterPunch.orgThe Financial and Political Crisis in Paraguay  CounterPunch.org

Paraguay: The Ueno Bank collapse and the deepening crisis of bourgeois rule - World Socialist Web SiteParaguay: The Ueno Bank collapse and the deepening crisis of bourgeois rule  World Socialist Web Site

Peña's Empty Military-Grade Vault Leads Paraguay's Ueno Bank Probe to Seized Devices - Latin TimesPeña's Empty Military-Grade Vault Leads Paraguay's Ueno Bank Probe to Seized Devices  Latin Times

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

Paraguay’s interim president Alliana asks ministers to resign — Asharq Al-Awsat - UA.NEWSParaguay’s interim president Alliana asks ministers to resign — Asharq Al-Awsat  UA.NEWS

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

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 teachers strike over pension funds caught in Ueno collapse - upiParaguay teachers strike over pension funds caught in Ueno collapse  upi

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

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

Paraguay digital bank collapse leaves millions out of pocket - YahooParaguay digital bank collapse leaves millions out of pocket  Yahoo

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

Teachers strike in Paraguay to demand pension fund protections following bank’s collapse - AP NewsTeachers strike in Paraguay to demand pension fund protections following bank’s collapse  AP News

Spanish General Strike Ahead of Elections -- Paraguay Teachers Strike After Bank Collapse -- Argentinians Shut Down Air Travel - Payday ReportSpanish General Strike Ahead of Elections -- Paraguay Teachers Strike After Bank Collapse -- Argentinians Shut Down Air Travel  Payday Report

Digital Banking Disruptions Expose Vulnerabilities Across Japan, Paraguay, and Global Investment Platforms - Crowdfund InsiderDigital Banking Disruptions Expose Vulnerabilities Across Japan, Paraguay, and Global Investment Platforms  Crowdfund Insider

Taiwan in contact with Paraguay's new leader; ties stable: MOFA - Focus TaiwanTaiwan in contact with Paraguay's new leader; ties stable: MOFA  Focus Taiwan

New BCP Leadership As President Reshuffles Paraguay’s Cabinet And Key Institutions - The Asunción TimesNew BCP Leadership As President Reshuffles Paraguay’s Cabinet And Key Institutions  The Asunción Times

Paraguay’s returning power chief bets on solar, batteries as Atome pushes back - BNamericasParaguay’s returning power chief bets on solar, batteries as Atome pushes back  BNamericas

Paraguay’s IPS Seeks To Recover Public Pension Funds From Ueno Bank Directors - The Asunción TimesParaguay’s IPS Seeks To Recover Public Pension Funds From Ueno Bank Directors  The Asunción Times

Paraguay prosecutors find empty panic room at former president’s home - London Daily NewsParaguay prosecutors find empty panic room at former president’s home  London Daily News

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

Paraguay merchants left devastated after bank closure - The Daily News | Texas' Oldest NewspaperParaguay merchants left devastated after bank closure  The Daily News | Texas' Oldest Newspaper

Paraguay Awaits Former President’s Iris Scan to Unlock Secret Bunker - ColombiaOne.comParaguay Awaits Former President’s Iris Scan to Unlock Secret Bunker  ColombiaOne.com

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

Paraguay's president tangled up in Ueno banking crisis - ABC News & Headlines – Australian Broadcasting CorporationParaguay's president tangled up in Ueno banking crisis  ABC News & Headlines – Australian Broadcasting Corporation

Preview: Singapore vs Paraguay - prediction, team news, lineups - Sports MolePreview: Singapore vs Paraguay - prediction, team news, lineups  Sports Mole

Paraguayan Designer Fernando Bernardou Dresses Hunger Games Star For Premiere - The Asunción TimesParaguayan Designer Fernando Bernardou Dresses Hunger Games Star For Premiere  The Asunción Times

Paraguay Senate Removes President Santiago Peña After Ueno Bank Collapse Locks Millions Out: 9 outlets compared - NewsCordParaguay Senate Removes President Santiago Peña After Ueno Bank Collapse Locks Millions Out: 9 outlets compared  NewsCord