International Politics

Ousted Paraguayan president appears before prosecutors November 7, 202612:14 PM ET

By 

Ava Berger

Paraguay's President Santiago Pena waves after a meeting with Venezuela's interim President Delcy Rodriguez at the Miraflores Presidential Palace in Caracas, on September 19, 2026. Federico Parra/AFP via Getty Images hide caption

Federico Parra/AFP via Getty Images

Paraguayan President Santiago Peña was impeached and placed under house arrest Friday after the collapse of a prominent U.S.-owned bank with ties to Paraguay's government. The fallout has left millions across the country without access to their money.