#financial crisis
3 articles with this tag
PoliticsParaguay's President Pena Faces Impeachment as Financial Crisis Grips Nation
Paraguay's President Santiago Pena is facing impeachment proceedings as the nation grapples with its worst financial crisis in decades, triggered by the collapse of Ueno Bank. The crisis has led to the resignation of the central bank chief and investigations into the bank's operations.
Al Jazeera English|November 6, 2026
EconomyParaguay's Financial Crisis: Bank Failure Leaves Half the Nation's Savings in Jeopardy
A major bank in Paraguay has collapsed, putting the savings of half the country's population at risk. The full extent of the financial crisis is still being determined.
Al Jazeera English|November 5, 2026
EconomyIraq Proposes Record Budget Amidst Severe Financial Crisis and Economic Contraction
Iraq's proposed 2027 budget, the largest in its history, is facing criticism for being detached from the country's severe financial crisis and economic contraction, despite record spending allocations.
The National|October 26, 2026