3 million people in Paraguay—60% of the country's adults—had their salaries, pensions, and savings frozen after Ueno Bank collapsed. Accounts locked, app down, branches guarded by police.

The central bank intervened after the bank's solvency ratio fell below half the legal minimum. State pension funds are exposed for hundreds of millions. Depositors were locked out overnight.

U.S. media largely ignored the story, consumed instead by election night coverage.