Newshour - Paraquay's president under house arrest

Paraquay's president under house arrest

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Paraguay's president Santiago Peña has been impeached and placed under house arrest after a bank collapse triggered a crisis that left more than half of the country's population without access to their accounts.

Ueno Bank, which collapsed earlier this week, has links to Peña's private business interests. We'll delve into what's going on.

Also in the programme: Newt Gingrich - who engineered a mid-term victory for the Republicans back in 1994 - speaks to us about the Democrats win this time round; A fascinating report on the decision in Hungary to release the names of communist agents; and why New Zealanders - like so many in Europe - are losing faith in the mainstram parties.

(Photo shows Paraguay's former president Santiago Pena speak in Asuncion, Paraguay on 2 November 2026. Credit: Juan Pablo Pino/EPA)

Published on Saturday, 7th November 2026.

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