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Paraguay Lawmakers Impeach President Peña Over Bank Collapse

Paraguay's lawmakers voted 78-0 to impeach President Santiago Peña, and many from his own Colorado Party backed the move. The vote followed three days of demonstrations in the capital, Asunción. The protests came after the collapse of Ueno Bank, which has frozen millions in savings.

Context

Context: The Colorado Party has dominated Paraguay's politics for decades, so its lawmakers joining an impeachment is unusual. Impeachment is a formal process where legislators can remove an elected leader from office.

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