{"id":"1793899462586-news-segment","slug":"bank-crisis-topples-paraguay-s-president","title":"Bank Crisis Topples Paraguay's President","summary":"Paraguayan President Santiago Peña resigned Thursday after losing the backing of his own party, as protests in Asunción entered a third day over the collapse of Ueno Bank, a major digital lender tied to his government that froze millions of people's savings. Lawmakers were already debating his impeachment when Peña announced the resignation in a video posted to X.\n\nThe Ueno Bank collapse triggered a banking crisis and public anger in the capital. With his party support crumbling and lawmakers moving toward impeachment, Peña said he was stepping down to preserve the country's stability and democratic institutions.\n\nRussell Brand was convicted of one count of rape and three counts of sexual assault involving four women; the offences dated from 2004 to 2009. Judge Joel Bennathan said Brand faces a significant prison term and he was taken into custody ahead of sentencing on Monday, Nov. 9.\n\nParaguayan President Santiago Peña resigned Thursday after losing his own party's backing amid protests over the collapse of Ueno Bank, a digital lender tied to his government that froze millions in savings; lawmakers were debating his impeachment when he announced he would step down.\n\nSpain returned more than a dozen sub-Saharan African and Asian migrants to Morocco after they reached Ceuta and were refused asylum; it is described as the first such deportation from Ceuta since the July mass border crossing.","publishedAt":"2026-11-05T17:24:22.586Z","channel":{"id":"news","name":"Oncast News","language":"en"},"show":"The World","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: Russell Brand was convicted of one count of rape and three counts of sexual assault involving four women; the offences dated from 2004 to 2009. Judge Joel Bennathan said Brand faces a significant prison term and he was taken into custody ahead of sentencing on Monday, Nov. 9.\nSource: [apnews.com](https://apnews.com/article/russell-brand-rape-sexual-assault-trial-f840ec56b2c8dd88941460d81de81fc7), [cps.gov.uk](https://www.cps.gov.uk/national- (https://x.com/AP/status/2118389512392901016)\n\nTRUE: Paraguayan President Santiago Peña resigned Thursday after losing his own party's backing amid protests over the collapse of Ueno Bank, a digital lender tied to his government that froze millions in savings; lawmakers were debating his impeachment when he announced he would step down.\nSource: [apnews.com](https://apnews.com/article/ueno-bank-collapse-paraguay-banking-crisis-santiago-pena-impeachment-eccea1c9a64808b5cd7e6e1d5542084f) NAMES: Santiago P (https://x.com/AJEnglish/status/2118388168156127266)\n\nTRUE: Spain returned more than a dozen sub-Saharan African and Asian migrants to Morocco after they reached Ceuta and were refused asylum; it is described as the first such deportation from Ceuta since the July mass border crossing.\nSource: Arab News NAMES: n/a (https://x.com/AfricanHub_/status/2117405004633894964)\n\nTRUE: Spain returned more than a dozen sub-Saharan African and Asian migrants to Morocco after they reached Ceuta and were refused asylum; it is described as the first such deportation from Ceuta since the July mass border crossing.\nSource: Arab News NAMES: n/a (https://x.com/arabnews/status/2117264699234685147)","claims":[{"verdict":"TRUE","summary":"Russell Brand was convicted of one count of rape and three counts of sexual assault involving four women; the offences dated from 2004 to 2009. Judge Joel Bennathan said Brand faces a significant prison term and he was taken into custody ahead of sentencing on Monday, Nov. 9.","sourceName":"[apnews.com](https://apnews.com/article/russell-brand-rape-sexual-assault-trial-f840ec56b2c8dd88941460d81de81fc7), [cps.gov.uk](https://www.cps.gov.uk/national-","sourceUrl":"https://x.com/AP/status/2118389512392901016","claim":"Russell Brand was convicted Thursday of rape and sexual assault charges involving four women on allegations dating back more than 20 years. Judge Joel Bennathan said the British actor-comedian faces a “significant” prison term when he is sentenced Monday. #RussellBrand https://t.","author":"The Associated Press (@AP)"},{"verdict":"TRUE","summary":"Paraguayan President Santiago Peña resigned Thursday after losing his own party's backing amid protests over the collapse of Ueno Bank, a digital lender tied to his government that froze millions in savings; lawmakers were debating his impeachment when he announced he would step down.","sourceName":"[apnews.com](https://apnews.com/article/ueno-bank-collapse-paraguay-banking-crisis-santiago-pena-impeachment-eccea1c9a64808b5cd7e6e1d5542084f) NAMES: Santiago P","sourceUrl":"https://x.com/AJEnglish/status/2118388168156127266","claim":"Paraguay’s President ⁠Santiago Pena has just resigned following mounting pressure from a bank crisis. This comes after Paraguay’s central bank seized a major digital lender, preventing millions of customers from accessing their accounts. Al Jazeera’s Lucia Newman reports. https:/","author":"Al Jazeera English (@AJEnglish)"},{"verdict":"TRUE","summary":"Spain returned more than a dozen sub-Saharan African and Asian migrants to Morocco after they reached Ceuta and were refused asylum; it is described as the first such deportation from Ceuta since the July mass border crossing.","sourceName":"Arab News NAMES: n/a","sourceUrl":"https://x.com/AfricanHub_/status/2117405004633894964","claim":"Spain has sent back to Morocco more than a dozen Sub-Saharan African and Asian migrants who reached Ceuta and were refused asylum. It is the first deportation of its kind from the enclave since a mass border crossing in July.","author":"African Hub (@AfricanHub_)"},{"verdict":"TRUE","summary":"Spain returned more than a dozen sub-Saharan African and Asian migrants to Morocco after they reached Ceuta and were refused asylum; it is described as the first such deportation from Ceuta since the July mass border crossing.","sourceName":"Arab News NAMES: n/a","sourceUrl":"https://x.com/arabnews/status/2117264699234685147","claim":"Spain returns to Morocco more than a dozen sub-Saharan African and Asian migrants who reached the Spanish enclave of Ceuta and were turned down for asylum, the first deportation of its kind from the enclave since a mass border crossing in July https://t.co/m0ygMt7sSM","author":"Arab News (@arabnews)"}]},"sources":[{"url":"https://x.com/AP/status/2118389512392901016","name":"[apnews.com](https://apnews.com/article/russell-brand-rape-sexual-assault-trial-f840ec56b2c8dd88941460d81de81fc7), [cps.gov.uk](https://www.cps.gov.uk/national-","kind":"x","verdict":"TRUE","author":"The Associated Press (@AP)"},{"url":"https://x.com/AJEnglish/status/2118388168156127266","name":"[apnews.com](https://apnews.com/article/ueno-bank-collapse-paraguay-banking-crisis-santiago-pena-impeachment-eccea1c9a64808b5cd7e6e1d5542084f) NAMES: Santiago P","kind":"x","verdict":"TRUE","author":"Al Jazeera English (@AJEnglish)"},{"url":"https://x.com/AfricanHub_/status/2117405004633894964","name":"Arab News NAMES: n/a","kind":"x","verdict":"TRUE","author":"African Hub (@AfricanHub_)"},{"url":"https://x.com/arabnews/status/2117264699234685147","name":"Arab News NAMES: n/a","kind":"x","verdict":"TRUE","author":"Arab News (@arabnews)"}],"url":"https://oncast.fm/story/1793899462586-news-segment-bank-crisis-topples-paraguay-s-president","listenUrl":"https://oncast.fm/c/news","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1793899462586-news-segment-bank-crisis-topples-paraguay-s-president","cite":"Cite https://oncast.fm/story/1793899462586-news-segment-bank-crisis-topples-paraguay-s-president and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Brian","text":"A sitting president just resigned over a bank that froze people’s savings."},{"host":"Brian","text":"Paraguay’s Santiago Peña is out. Ueno Bank collapsed. Reports say millions of accounts are frozen."},{"host":"Bella","text":"He resigned this morning?"},{"host":"Brian","text":"Al Jazeera posted on X that he stepped down after his own party abandoned him."},{"host":"Bella","text":"So this wasn’t just a banking panic. This was political collapse."},{"host":"Brian","text":"It’s both. The bank was a digital lender tied to his government."},{"host":"Bella","text":"And AP posted that protests in Asunción entered a third day before lawmakers started debating impeachment."},{"host":"Brian","text":"Right. Peña posted a video on X. He said, “I have made the decision to submit my resignation as president of the republic.”"},{"host":"Bella","text":"That’s the clean version. The mess is still frozen for millions of depositors."},{"host":"Brian","text":"Here’s my problem. A government-tied digital bank goes down, and the central bank seizes it. Does anyone actually trust the state more after that?"},{"host":"Bella","text":"What was the alternative? Let it collapse and every saver loses everything? The central bank had to step in."},{"host":"Brian","text":"But why was the president so entangled with a private digital lender in the first place?"},{"host":"Bella","text":"That’s the real question. But depositors don’t care about the politics right now. They just want their money."},{"host":"Brian","text":"And Peña says he’s quitting to preserve stability, but lawmakers had already started debating impeachment."},{"host":"Bella","text":"Sounds more like jumping before being pushed."},{"host":"Brian","text":"Either way, the presidency is vacant, the bank is seized, and the courts have to sort out who gets paid."},{"host":"Bella","text":"That’s not stability. That’s a cautionary tale about fintech and political risk."},{"host":"Bella","text":"And the instability didn’t stop in Asunción. The New York Times posted on X that stocks sold off sharply Thursday."},{"host":"Brian","text":"How sharply? Because I saw tech just got hammered."},{"host":"Bella","text":"The Nasdaq fell roughly five percent. The Times says the entire post-election rally is gone."},{"host":"Brian","text":"The entire rally? Erased in one session?"},{"host":"Bella","text":"That’s what they’re reporting. We haven’t independently confirmed the close, but a five percent Nasdaq drop is brutal."},{"host":"Brian","text":"I said the post-election pop was froth. Now the bill comes due."},{"host":"Bella","text":"You said that before the election?"},{"host":"Brian","text":"I said markets hate uncertainty. They had a relief rally, then looked at rates, deficits, inflation."},{"host":"Bella","text":"We don’t know the exact driver yet. But tech and growth names led the losers."},{"host":"Brian","text":"That’s the part that worries me. The riskiest trades got the most air."},{"host":"Bella","text":"It’s one day. If it holds, the post-election trade is dead."},{"host":"Brian","text":"And a lot of retail money chased that pop. They’re feeling it."},{"host":"Bella","text":"One-day rallies don’t make a trend. Either way, rough morning."},{"host":"Brian","text":"Different story. Politico has an exclusive on X that sounds like a military buildup."},{"host":"Bella","text":"What now?"},{"host":"Brian","text":"Politico reports that Defense Secretary Pete Hegseth has authorized the D.C. National Guard to use boats, marked police cars, humvees, and light tactical vehicles in the capital."},{"host":"Bella","text":"Boats? For what?"},{"host":"Brian","text":"The Potomac and Anacostia run right through D.C. Not crazy for security."},{"host":"Bella","text":"But several dozen marked police cars and humvees? That’s a lot of hardware."},{"host":"Brian","text":"Politico says it’s their exclusive. We haven’t confirmed it independently."},{"host":"Bella","text":"If true, this is a visible show of force in the nation’s capital."},{"host":"Brian","text":"And the big question is why now. Is this about protecting federal buildings? Or sending a message?"},{"host":"Bella","text":"Hegseth hasn’t given a public explanation in the report."},{"host":"Brian","text":"A lot of people will read that as either normal security or intimidation, depending on their politics."},{"host":"Bella","text":"That’s the problem when you roll out military equipment without context."},{"host":"Brian","text":"We’ll watch for confirmation."},{"host":"Bella","text":"Over in Europe, Spain sent more than a dozen migrants back to Morocco after they reached Ceuta and were refused asylum."},{"host":"Brian","text":"That’s the Spanish enclave on the North African coast?"},{"host":"Bella","text":"Right. On X, Arab News and African Hub both report it’s the first deportation of its kind from Ceuta since the July mass border crossing."},{"host":"Brian","text":"So Spain actually enforced a return."},{"host":"Bella","text":"Small group, but it sends a signal."},{"host":"Brian","text":"Ceuta’s been a pressure point for years. Thousands rushed the fence in that July incident."},{"host":"Bella","text":"And now a more deliberate policy. It’ll anger human rights groups."},{"host":"Brian","text":"It’ll also calm voters who want border control."},{"host":"Bella","text":"Europe keeps swinging between open arms and closed doors. That’s not a stable policy."},{"host":"Brian","text":"No, but at least it’s a decision. More than we’ve seen from Brussels lately."},{"host":"Bella","text":"Brussels didn’t return these migrants. Madrid did."},{"host":"Brian","text":"Which tells you where power is shifting in Europe."}]}