Paraguay: The Banking Crisis That Brought Down a President

Paraguay is facing one of the most serious political crises in its recent history. In just a few days, the intervention in a digital financial institution triggered the freezing of millions of accounts, street protests, an investigation into the use of public funds, and the removal of President Santiago Peña. The episode has also exposed the connections between government officials, the financial system, and the country's business groups.

Support quality publishing and gain unrestricted access to our full library.

Sign in / Up to your Account: