From G1 · · 1m 10s
Paraguai teachers strike for pension fund protection
Paraguai teachers strike after Ueno Bank collapse to protect $60m pension funds.
In brief
Paraguai teachers strike after Ueno Bank collapse to protect $60m pension funds. Paraguai teachers strike to secure $60m pension funds following Ueno Bank collapse. Originally reported by G1.
Teachers strike in Paraguay
Teachers in Paraguay began a strike on Monday to demand protection for $60 million pension funds after the Ueno Bank collapsed.
“Queremos que a devolução desse dinheiro seja uma prioridade”
Ueno Bank collapse impact
Over 3 million people lost access to bank accounts after the government intervened in the Ueno Bank.
Santiago Peña's legal troubles
/https://i.s3.glbimg.com/v1/AUTH_59edd422c0c84a879bd37670ae4f538a/internal_photos/bs/2026/J/y/MPZJtsQX2XCgkRUQdASA/afp-20261104-d6ca447-v1-midres-paraguaypoliticsbankinginvestigationprotest.jpg)
Former president Santiago Peña faces investigation for corruption and mismanagement of public funds related to the Ueno Bank.
Pension fund overage
Paraguayan government pension funds deposited $355 million in the Ueno Bank, exceeding legal limits.
Bank central response
The Paraguayan central bank began returning deposits to customers, with over 1.2 million recipients receiving partial or full refunds.
Currency devaluation
The Paraguayan guarani lost 8% of its value against the dollar since the Ueno Bank intervention.
Current situation
The crisis has triggered protests and police clashes, raising concerns about financial stability in Paraguay.
What matters most
Paraguai teachers strike to secure $60m pension funds following Ueno Bank collapse.
