Paraguay Sets $36,000 Deposit Guarantee as Ueno Bank Collapse Topples President Peña

Paraguayan President Santiago Peña resigned after Ueno Bank's collapse froze about three million accounts. The lower house voted 78-0 to impeach him minutes after his announcement. The central bank set a deposit guarantee of up to 228.3 million guaraníes, about $36,000, per depositor, with first payments going to small accounts.