Paraguay's President Santiago Peña has been impeached amid a significant banking crisis that has left millions of citizens unable to access their money. The crisis led to the collapse of a major bank, triggering the impeachment proceedings against Peña.
The political turmoil follows widespread public distress as individuals and businesses found themselves locked out of their accounts. The exact scale of the financial impact and the number of affected individuals are still being assessed, but initial reports indicate a broad reach across the population. The government's response to the crisis and the handling of the bank's failure have been central to the impeachment debate.