A Country’s President Led to a Bank’s Stunning Rise, and Its Fall — Live Feedhttps://www.live-feeds.com/feed/a-country-s-president-led-to-a-bank-s-stunning-rise-and-its-fallContinuously updated, source-cited coverage. Paraguayan President Impeached and Arrested Following Digital Bank Collapsehttps://www.live-feeds.com/feed/a-country-s-president-led-to-a-bank-s-stunning-rise-and-its-fallhttps://www.live-feeds.com/feed/a-country-s-president-led-to-a-bank-s-stunning-rise-and-its-fall#u199080Fri, 13 Nov 2026 17:00:10 +0000Paraguayan President Santiago Peña has been impeached and arrested following the sudden collapse of a major digital bank that left millions of citizens in limbo and shook investor confidence. The digital bank had achieved a stunning rise, attracting two out of thirds of adult Paraguayans with deals such as 40 percent cash back on credit card purchases, soccer team sponsorships, and ambitions to become a billion-dollar startup. Authorities have raided the former president's home and widened probes into the financial institution while installing a new central bank head.Why it mattersThe dow