Paraguay prosecutor will seek charges against embattled President Peña following bank collapse

ASUNCIÓN, Paraguay (AP) — Paraguayan President Santiago Peña is under criminal investigation following the collapse of a major digital bank, prosecutors announced, hours after the South American leader’s resignation and impeachment Thursday.

The crisis at Ueno Bank turned Peña’s long-ruling Colorado Party against him, a stunning reversal for the former International Monetary Fund economist who had enjoyed the backing of the country’s most powerful politicians and was welcomed in Washington just weeks ago as a key ally of the Trump administration.

Minutes after Peña’s announcement, the lower house voted 78-0 to impeach him; on Thursday evening, the Senate was debating whether to remove him from office. If he is removed from office, Vice President Pedro Alliana would be sworn in.

Legislators opted not to accept Peña’s resignation, meaning he could be stripped of legal protections that would prevent his prosecution, should Paraguay’s Attorney General Emiliano Rolón Fernández opt to file charges.

Rolón has ordered three criminal investigations into the Ueno Bank crisis, including allegations involving Peña and other current and former government officials, the prosecutor’s office said Thursday.

The investigations will examine authorities’ oversight of the bank, their handling of its failure and the placement of public funds in the lender.

Peña, whose spokesman said he remains in the capital, wrote on X that he would cooperate with investigators. “Whatever the outcome of this process, I will act with responsibility and respect for the Constitution.”

Earlier Thursday, Peña said in a video posted to X that he was stepping down in the interest of “the stability of our country, social peace and the need to preserve our democratic institutions.”

Even Peña’s mentor, Colorado Party leader and former President

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Egypt Shutters Independent News Site Mada Masr and Detains Its Editor-in-Chief

A court in Cairo has ordered the closure of the independent Egyptian news site Mada Masr. The court also ordered the site’s editor-in-chief, Lina Attalah, to be detained until she pays a fine of over $50,000. She was convicted on charges of managing an unlicensed website. Mada Masr is “the flagship independent media outlet in Egypt and a pillar of independent media in the region…
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Progressives in Congress Can Now Sway Funding, Investigations, Health Policy

This week Donald Trump and the Republican Party suffered one of the most vehement repudiations of a sitting president in modern U.S. history. After the most expensive midterm election season ever, Democrats surged to take control of the House of Representatives and, more surprisingly, the Senate. They won seats in terrain that was previously thought well beyond the reach of the party: Senate seats…
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Key federal panel approves Trump’s arch while it’s being challenged in court

WASHINGTON (AP) — A key federal panel gave final approval Thursday night to President Donald Trump’s proposed memorial arch near downtown Washington, clearing a key hurdle on the road to breaking ground.

The National Capital Planning Commission approved the 250-foot-high (76-meter) project that Trump has sought as part of his efforts to remake the capital region. The 8-4 vote gives a green light to launch construction, which administration officials have said could happen within a day.

The arch still faces legal challenges and a judge is expected to rule soon on whether to block it.

The final vote came after 9 ½ hours and scores of people opposing it. The vote by the commission broke along federal and local lines. Those in favor work for the administration or are connected to the president, who was pushing for the immediate construction. Opponents represented the city of Washington.

The remote, call-in hearing — which crashed repeatedly in the first few hours and was accompanied by a nearly universally negative comment section — drew witnesses who gave impassioned comments opposing an arch they said will destroy the solemnity of the nearby Arlington National Cemetery, where hundreds of thousands of fallen service members and military veterans are buried.

The panel’s Trump-appointed chairman launched the meeting with a gushing appraisal of the towering monument and lauded Trump for wanting to build it.

“President Trump understands as president and a superb builder that it’s important to our national identity to display who we are through grand monuments,” said Mark Paoletta, the commission’s chairman.

As Trump has often remarked, “the great cities around the world have arches: Paris, Rome, London,” said Paoletta, who also

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Trump Is Still Trying to Undermine Voters’ Preferences in the Alaska Senate Race

In a Truth Social post on Thursday morning, President Donald Trump demanded that officials stop counting votes in the U.S. Senate race in Alaska, and that all votes for third-party candidates be given to Republican Sen. Dan Sullivan — disregarding thousands of votes that are yet to be counted as well as voters’ preferences in a possible instant runoff. The demand is highly unusual and…
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