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Teachers strike in Paraguay to demand pension fund protections following bank’s collapse
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Teachers strike in Paraguay to demand pension fund protections following bank’s collapse

The Seattle Times The Seattle Times·The Associated Press·1 day ago
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Public schoolteachers went on strike in Paraguay Monday and took to the streets of several cities following the collapse of a major bank that resulted in the removal of the nation’s president last week.

Silvio Piris, the president of the Federation of Paraguayan Educators, said that teachers in Paraguay are concerned over the fate of around 60 million dollars in pensions funds that had been deposited in Ueno, the bank that was intervened by Paraguay’s government last week.

“We want the return of that money to be a priority,” Piris told Paraguay’s Channel 9.

More than 3 million people were frozen out of their bank accounts last Tuesday after Paraguay’s government intervened in Ueno Bank.…

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