SMH
·australia
·2 days ago
How a bank scandal toppled a trusted Trump ally
The Inter-American Development Bank (IDB) invested in a bank in Paraguay that later faced financial troubles. In 2025, the IDB’s investment was halted due to red flags raised by employees. The bank’s quick collapse has led to a wave of protests demanding to know the cause and accountability.
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Published 07 Nov 2026, 08:30 UTC · Updated 07 Nov 2026, 08:41 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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