On November 3, over half of Paraguay's population faced difficulties accessing their bank accounts following a crisis involving Ueno bank, which had rapidly expanded under President Santiago Peña. The situation escalated into nationwide protests, some resulting in violent confrontations with law enforcement.
As the dust settles from the impeachment, watch for potential shifts in Paraguay's banking regulations and the impact on Ueno's future. The government's response to public unrest will be crucial in shaping political stability and restoring public trust in financial institutions.