Pedro Ayana sworn in as Paraguay's president after Senate ousts Peña over banking scandal

Pedro Ayana was sworn in as Paraguay's new president on Friday, following the Senate's removal of Santiago Peña over his responsibility for a banking scandal that left nearly three million depositors without access to their funds. Ayana, 52, from the same right-wing Colorado Party as his predecessor, promised in a brief Senate address that those affected by the "financial chaos" will be "fully compensated" and that he will not leave them alone. Peña's term was originally set to run until 2028. The upper house unanimously found Peña guilty of "poor" performance of his duties and removed him amid the collapse of the Ueno bank. Ayana, who previously served as vice president, now assumes the presidency with a pledge to address the crisis.