SANTIAGO PENA
Paraguay's ousted president faces prosecutors after his removal over bank collapse
Santiago Pena was removed from office by Congress following a bank failure affecting nearly three million customers. Prosecutors ordered his arrest for alleged breach of trust and other offenses related to Ueno Bank's collapse. His successor, Vice President Pedro Alliana, began forming a new Cabinet to address the situation. Public protests demanding accountability and access to frozen funds escalated significantly in response.
Ousted Paraguayan President Santiago Pena placed under house arrest after bank collapse; Pedro Alliana sworn in as sudden successor
Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse of Ueno Bank, affecting nearly half of Paraguay's population. Vice President Pedro Alliana has assumed presidency amidst public outcry for accountability. Regulators seized Ueno Bank, locking depositors out of their accounts and triggering a political crisis. Lawmakers allege Pena abused his political influence regarding Ueno's operations and regulatory oversight.
Paraguayan president Santiago Pena impeached minutes after resigning following bank collapse
The 78-0 vote marked a stunning repudiation of Pena by lawmakers from his long-ruling Colorado Party, who joined the opposition in backing his impeachment after three days of demonstrations rocked the capital, Asuncion.
Paraguay President Santiago Pena resigns after bank takeover sparks protests, threatens millions of depositors
Paraguayan President Santiago Pena announced his resignation after the central bank's takeover of Ueno Bank left three million depositors, including pensioners, unable to access their money. The crisis triggered protests, an impeachment push and accusations of political favouritism against Pena, whose own Colorado Party backed his removal.
US thrash Paraguay 4-1 in dream FIFA World Cup 2026 start
The United States began their World Cup campaign with a dominant 4-1 victory over Paraguay. Folarin Balogun scored twice in the first half, setting a strong tone. Christian Pulisic provided key assists. The US team secured three points, building momentum for upcoming matches. High-profile spectators attended the sold-out event.
Trump signs 'Board of Peace' charter at Davos to resolve Gaza conflict; India abstains, Pakistan in
US President Donald Trump launched his 'Board of Peace' at the World Economic Forum 2026 in Davos, a key component of his 20-point plan for Gaza's post-war governance and stability. While India abstained, Pakistan's Prime Minister joined the initiative, which aims to disarm Hamas and oversee Gaza's reconstruction and development.
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Inside Trump’s Board of Peace: Who’s in, who’s out and what it aims to do
President Donald Trump is reshaping his Board of Peace into a global powerhouse for conflict resolution, setting its sights on challenging the UN Security Council's dominance. A broad array of nations has received invitations, and several have already committed to this new initiative.
EU–Mercosur free trade pact to be signed after 25 years
The South American trade bloc Mercosur and the European Union will sign on Saturday a deal 25 years in the making to create one of the world's largest free trade areas at a time of growing protectionism and volatility. The deal will favor European exports of cars, wine and cheese, while making it easier for South American beef, poultry, sugar, rice, honey and soybeans to enter Europe.
Machado's daughter accepts Nobel Peace Prize in Venezuelan opposition leader's absence
Venezuelan opposition leader Maria Corina Machado's daughter accepted her Nobel Peace Prize. Machado could not attend the ceremony as she is in hiding. She expressed gratitude for the recognition of the Venezuelan people. Several Latin American leaders showed solidarity. Machado was awarded for her fight for democracy in Venezuela.
Paraguayan President Santiago Pena inaugurates Jerusalem Embassy
Paraguayan President Santiago Pena inaugurated his nation's embassy in Jerusalem, making Paraguay the sixth country to establish an embassy in the contested capital. Pena expressed satisfaction with the move, highlighting the importance of action over words. Prime Minister Benjamin Netanyahu welcomed the decision and discussed potential economic cooperation with Pena. The leaders also signed several bilateral agreements.
Pope Francis getting antibiotics intravenously for lung problem, limiting appointments, Vatican says
"The condition of the pope is good and stationary, he doesn't have a fever, and the respiratory situation is in clear improvement," Bruni said. A CT scan, which the pope underwent on Saturday afternoon at a Rome hospital, ruled out pneumonia, Bruni added.
EA Sports UFC 5: Here’s complete roster of fighters and weight classes
EA Sports has launched UFC 5, the franchise's debut on Xbox Series X|S and PlayStation 5. It offers fresh features and a roster with fighters from various weight classes, including Heavyweight, Light Heavyweight, Middleweight, Welterweight, Lightweight, Featherweight, Bantamweight, Flyweight, Women's Bantamweight, Flyweight, and Strawweight divisions. The diverse roster includes legendary and current fighters.
Taiwanese Vice President William Lai vows to 'resist annexation' during sensitive US trip
Taiwanese Vice President William Lai has vowed, during a trip to the US that included a transit stop, to "resist annexation". China, which opposes the visit, has accused Lai of separatism. At a New York luncheon, Lai reiterated his commitment to resist encroachment upon Taiwan's sovereignty. He said that he would uphold the administration's core tenets, including the value of democracy and freedom.
China vows 'forceful' response over Taiwan VP's US visit
China has warned of "resolute and forceful measures" against Taiwan's vice-president after he reportedly "transits" the US en route to the inauguration of Paraguay's president-elect. Beijing, which believes Taiwan is a part of mainland China, has significantly ramped up the political and military pressure in its attempts to reunite with the US-backed democratic island.
China criticises the upcoming US visit of Taiwan's 'separatist' presidential front-runner
China has criticised an upcoming stopover in the United States by Taiwan's vice president and presidential front-runner William Lai as a challenge to its territorial integrity, while Taiwan says it's merely a transit stop. China regards Taiwan as a breakaway province to be retaken by force if necessary and prohibits its diplomatic partners - including the U.S. - from having formal ties with Taipei.
How to spend 36 hours in Buenos Aires, Argentina
The afterglow of Argentina's 2022 World Cup victory remains - a spiritual salve for many still suffering from the country's yearslong inflation crisis. Visitors will find a city where people press on. It is that perseverance that keeps Buenos Aires vibrant and thrilling.
Santiago Pena wins Paraguay vote, keeps rightwing party in power
Economist and former finance minister Santiago Pena, 44, took the election with more than 42 percent of the vote to continue the hegemony of the conservative Colorado Party, results showed.
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