Santiago Pena

Money Moves

Announced resignation

Paraguay's central bank placed Ueno Bank into resolution early on November 3, 2026, after the lender's capital fell below half the legal minimum. Its app, cards and branches stopped working, leaving about 3 million customers — roughly 60% of the country's adults — unable to reach their money.

Updated 4 hours ago

Force in Play

Active

China imposed sanctions Monday on Paraguay's communications minister and Belize's foreign minister. Their assets in China are frozen, and they're barred from entering Hong Kong and Macau. Beijing said the ministers pushed their countries to keep diplomatic ties with Taiwan, which China claims as its territory.

Updated Oct 12