Paraguay President Santiago Peña Resigns After Ueno Bank Collapse, BBC Reports
BBC News reported that Peña resigned after a bank collapse and a lower house vote to pursue impeachment, while ABC News reported that savers were scrambling for their money.
Paraguay President Santiago Peña has resigned, BBC News reported, after a bank collapse and a vote in the country's lower house of congress to pursue an impeachment trial against him. The report did not state the terms of the resignation or when it takes effect.
The bank at the center of the crisis is Ueno Bank. ABC News reported on the collapse of Ueno Bank, saying it has left savers scrambling for their money and is upending Paraguay more broadly, with savings trapped. The same report said Peña is facing calls for impeachment.
In its own report, BBC News reported the resignation and said the move followed the bank collapse and came after the lower house of congress voted in favour of pursuing an impeachment trial against him.
The two accounts differ on the president's status. ABC News described him as facing calls for impeachment, while BBC News reported that he had resigned. Neither summary reconciles the two accounts or says whether an impeachment process would continue after a resignation. The outlets also differ in emphasis: ABC News focused on savers and the banking crisis, while BBC News focused on the resignation and the congressional vote.
The summaries do not give the amount of money held at Ueno Bank, the number of savers affected, or any statement from the government or the president's office. This report draws only on the headlines and summaries of the two reports cited.
Sources: ABC News: How one bank’s collapse is upending Paraguay, trapping savings and threatening its president; BBC News: Paraguay President Santiago Peña resigns.