Financial Times: The presidency of Santiago Peña, a smooth-talking former IMF economist, unravelled in less than 72 hours this week after regulators seized control of Ueno Bank, a flashy digital lender used by more than half of Paraguayan adults that had become insolvent.
…“Everything that man said was just window dressing, because it was all a sham,” said Eduardo Lopez, 35, a businessman at the protest who works in exporting goods to the US. “It affected all businesses . . . and it makes the country look bad. It’s a disaster.”…