- Amidst political turmoil in Paraguay, Pedro Alliana was sworn in as the country's new president on November 6, 2026. Following the Senate's removal of President Santiago Peña through an impeachment process, Alliana has been entrusted with the responsibility of serving the remainder of the presidential term, which runs until August 2028.
- This political sequence of events was triggered by a financial dispute involving Uno Bank and allegations of the misuse of public funds. All 44 members of the Senate voted in favor of removing Peña from office.
- Lawmakers alleged that Peña played a role in directing public funds toward Uno Bank and failed to take appropriate action regarding the issuance of high-risk loans to companies linked to the bank's owners. Furthermore, his prior stake in the bank’s holding company was cited as a case of conflict of interest.
- Santiago Peña, however, has denied all the allegations leveled against him. Following these developments, power in Paraguay has now passed into the hands of Pedro Alliana.
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