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Paraguay gets Pedro Alliana as new president amid Ueno bank crisis

By ChordNews · First written

Crisis-hit Paraguay gets Pedro Alliana as new president: Ex-basketball player and a businessman
Image: hindustantimes.com
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Summary

Paraguay has a new president, Pedro Alliana, a former basketball player and businessman, Hindustan Times reported, as the country copes with a financial crisis. The crisis began on Tuesday, when the Central Bank took control of Ueno, a commercial bank, over concerns about its financial stability.

This continues an earlier story: Paraguay's President Santiago Peña leaves office amid Ueno Bank collapse

Timeline

  1. Hindustan Times

    Source ↗

    Hindustan Times reports that Paraguay has gotten Pedro Alliana as its new president, describing him as an ex-basketball player and businessman, amid a crisis that began on Tuesday when the Central Bank took control of Ueno, a commercial bank, over concerns about its financial stability.

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