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Paraguay looks to restore confidence to financial system following bank collapse

Following the collapse of Ueno Bank in Paraguay, which triggered a political crisis that led to the removal and arrest of President Santiago Peña and the departure of the top leader of the Central Bank, the question remains as to whether the South American country can recover and return to the growth rates that had made it a rising star in the region's economy.

3:00 • Source: CNN
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Paraguay looks to restore confidence to financial system following bank collapse
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ANTALYA, TURKEY - NOVEMBER 12: California Governor Gavin Newsom speaks an event at the America Is All In pavilion at the COP31 UNFCCC Climate Conference on November 12, 2026 in Antalya, Turkey. The COP31, which is being held jointly by Turkey and Australia and will run from November 9-20, is bringing together stakeholders, including international heads of state and political leaders, scientists, environmentalists, indigenous peoples representatives, activists and others to discuss and agree on the implementation of global measures towards mitigating the effects of climate change. (Photo by Sean Gallup/Getty Images)
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The rise and fall of Nvidia CEO Jensen Huang
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CNN speaks with US envoy Steve Witkoff
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