Paraguay President Santiago Peña Impeached and Arrested

Paraguay's President Santiago Peña has been impeached, removed from office, and placed under house arrest following the collapse of a bank reportedly linked to his administration, according to coverage from The New York Times and Reuters. Authorities have subsequently sworn in Pedro Alliana as the country's new president. The developments come amid an ongoing financial crisis that has raised concerns over government accountability and the stability of Paraguay's banking sector. Official statements have not yet clarified Peña's response to the proceedings. The transition marks a significant shift in Paraguay's political landscape as the country reacts to the financial fallout and the removal of its head of state.