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Paraguay's President Peña resigns following bank collapse

Paraguay's President Santiago Peña resigns in the wake of a bank collapse that sparked a political c

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04:51:58 PM UTC
SquawkNews
By Juan Forero and James T. AreddyThe president of Paraguay, Santiago Peña, resigned Thursday as he faced near-certain impeachment in Congress after a bank he was closely connected with collapsed, dealing a blow to the strong, export-driven economy of one of Washington's closest allies in South Ame…

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