World ZNetwork
Chaos in Paraguay: Commerce Grinds to a Halt After Ueno Bank Collapse
The sudden collapse of Paraguay’s Ueno Bank has triggered an unprecedented shockwave, paralyzing the country’s economy. The digital bank was the processor of roughly two-thirds of all electronic trans
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The sudden collapse of Paraguay’s Ueno Bank has triggered an unprecedented shockwave, paralyzing the country’s economy. The digital bank was the processor of roughly two-thirds of all electronic transactions at retail establishments across the country. It saw its operations abruptly shut down, leaving the commercial sector in a state of near-paralysis and plunging the population [...]
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