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I've learned through actual results that "patience" is a quality that pays invisible to visible wealthy results.
@GuyaneseCV
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Paraguayan President Santiago Peña has resigned amid a deepening political and financial crisis sparked by the collapse of Ueno Bank, a major digital lender with nearly three million customers and approximately $850 million in public deposits.View quoted post on X
The Central Bank seized control of Ueno after it fell into insolvency, leaving millions of customers unable to access their money. Peña, who held shares in the bank’s parent company until 2025, faced impeachment over alleged conflicts of interest, misuse of public funds, and institutional cover-ups.
The scandal resulted in protests in the capital city of Asunción, forced the resignation of the Central Bank chief, and prompted criminal investigations of bank executives. Peña’s resignation comes as lawmakers were preparing to vote on his impeachment, with some of his powerful allies in the ruling Colorado Party withdrawing their support for him.
The scandal highlighted the close ties between the Colorado Party and the country’s financial institutions, drawing sharp rebuke from many Paraguayans.
“Santiago Peña and the Colorado Party have stolen all our savings,” Luis Pineda, a demonstrator in Asunción, told AP. “We are fed up with 70 years of plunder.”
Nicki Minaj Floated As Press Secretary Replacement By White House Staffers tmz.com/2026/10/25/nic…View quoted post on X