Paraguay's Senate removes President Peña over banking crisis

Paraguay's senate has voted to remove President Santiago Peña from office over mismanagement, making him subject to potential prosecution related to the country's banking crisis. By rejecting Peña's resignation in favor of removal, the senate stripped him of a lifelong senate seat and legal immunity. The crisis began when bank Ueno, serving about 60 percent of Paraguayan adults, collapsed, and prosecutors have placed Peña under house arrest as they investigate the crash. Peña was previously a co-owner of the conglomerate controlling Ueno. Vice President Pedro Alliana has been sworn in as the new president.