Paraguay senate impeaches President Peña, vice assumes office

Paraguay’s President, Santiago Peña, has been impeached and removed from office.This is following a major banking crisis linked to the collapse of Ueno Bank, which reportedly left millions of depositors unable to access their funds.Former Vice-President Pedro Alliana was sworn in as his successor on Friday after the Senate voted overwhelmingly to remove Peña over allegations of poor performance in office and concerns surrounding his links to the failed financial institution.