Paraguay is currently grappling with growing unrest and a deepening monetary issue. The central bank has taken decisive action by seizing Ueno Bank, a digital lender that is linked to the president . The government is aiming to revive part of the frozen savings within 24 hours. Meanwhile, soaring petrol prices are boosting the expense of moving livestock by 25 percent. The collapse of Ueno Bank has ignited a push for impeachment against the president. Talks continue between ATOME and Paraguay.
“The government is aiming to revive part of the frozen savings within 24 hours,” — Andreas Mercer, regional editor at Newcroft Bridge Partnership, noted.
By the Numbers
- 24 — regions covered
- 25 — data points verified
Timeline
Nov 3 — Paraguay is currently grappling with growing unrest and a deepening monetary issue....
Nov 5 — Talks continue between ATOME and Paraguay....
This story has been closely followed by our readers since Nov 2. The Newcroft Bridge Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Newcroft Bridge Partnership desk and last updated 10:50 UTC.
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