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Politics

Ueno Bank and Peña's resignation: at risk for investors' confidence in Paraguay?

In recent years, Paraguay has gained importance as an investment destination for its stability; however, the resignation of President Santiago Peña completely changes the picture. We spoke to Gabriel Giménez Roche, political analyst and professor of economics at NEOMA Business School, about what is happening in terms of the country's reliability and international qualifications.

What awaits Paraguay after the resignation of President Santiago Peña?

Paraguay's President, Santiago Peña, resigned in the midst of the crisis unleashed by the intervention and closure of Ueno Bank, which affects millions of customers and opened a front of political instability. However, Congress continues to debate in order to advance the political trial and reject its resignation. What's waiting for Paraguay? Esteban Caballero, a political scientist and researcher associated with FLACSO, explains this.

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Santiago Peña resigns the Paraguayan Presidency after crisis by Ueno Bank

Through a video published on his social media, Paraguay's President, Santiago Peña, resigned on November 5 following the opening of a debate in the Chamber of Deputies on a possible political trial for the intervention and closure of Ueno Bank, an entity linked to the president. The Central Bank's measure triggered a financial and political crisis that affected 2.9 million customers with branch closures and access to accounts.

United States: Has the voice of the Arab elector influenced the results of the elections?

Democrats took control of the American Congress in the half-renovation elections by winning the majority in the Houses of Representatives and the Senate. We ask today what is the importance of the Arab voice influencing the American elections. Had the 2026 elections been held in a new phase in which the Arab-American voice became a partner in determining American policies. With us on the subject from Michigan Ahmed Ghanem, an American expert, a former candidate for the American Congress.

Budget 2027: National Assembly unanimously rejects draft state budget

The deputies rejected Wednesday, November 4, at first reading, and unanimously voted on the draft state budget 2027, which will therefore be sent in its original version to the Senate. After deleting several key articles from the government text, the Assembly rejected as last year the "revenue" part of the text, with 458 votes against, from all groups, and two abstentions within the communist and ultramarine group.

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Midterms 2026: The pro-Israeli consensus of American opinion cracks

The victory of Progressive Abdul El-Sayed in the mid-term elections, after a campaign marked by his criticism of Israel, illustrates the erosion of American support for the Hebrew state since the wars in Gaza and Iran. Between the cost of living associated with tensions in the Middle East and the isolationist aspirations on the right, the historical alignment of the United States with the Israeli government also faltered.