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Paraguay's former president charged amid bank implosion | Evening News Bulletin 8 November 2026

SBS News Australia •
November 08, 2026 • 05:00 AM
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The search for a missing teen in regional Victoria; Paraguay's political crisis deepens, with the former president charged; UFC boss Dana White gets an unusual job offer.

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Police are searching for a teenager in regional Victoria who has gone missing during a camping trip.

Specialist police support units and State Emergency Services personnel have joined the search for the 17-year-old known as Will at Walhalla East, roughly 180 kilometres east of Melbourne in the state's Gippsland region.

Police and family members say they are concerned because Will was wearing minimal clothing at the time of his disappearance on Friday night, and he's been exposed to inclement weather over the weekend.

Acting Superintendent Melanie Hampshire says police believe the teen became disoriented shortly after he went back to where he had been dropped off to begin his camping trip with a friend.

"Police did search the area. They did locate the esky that Will returned to collect, and that was found a little bit further up from the track where the esky was initially left. So we believe he's become disorientated and from that point on we don't know where Will's gone."

Paraguay's deposed president Santiago Pena has been charged with breach of trust and administration for personal gain.

Prosecutors allege Pena used his position as president to influence decisions by government agencies and state-owned entities to keep large amounts of public money deposited at Ueno, despite maintaining financial ties to the lender.

A judge has ordered Pena to be held in pre-trial detention while prosecutors investigate his ties to Ueno, whose collapse has left millions of customers struggling to access their accounts.

Pena's lawyer, Ricardo Preda, has told journalists his client is pleading not guilty to the charges.

The countdown is on for Gadi Eisenkot to find enough votes to form a coalition government in Israel, after the country's president offered him the mandate.

He has 28 days to secure 61 votes from the various parties in Israel, although President Isaac Herzog can provide a 14-day extension before offering the job to someone else.

Eisenkot could seek to create a broad unity government with major Jewish parties, including Benjamin Netanyahu's Likud, which is the single largest party in parliament.

But Netanyahu and his allies have repeatedly portrayed the Arab-led parties as a threat to national security, while Eisenkot has indicated a willingness to partner with them under certain conditions.

At least 32 people have been killed in Yemen after Saudi Arabia launched air strikes on the village of Bani Hushaysh near the capital Sanaa.

Health Minister for the Houthi rebel forces Ali Abdul Karim Shaiban provided the figure and said at least 38 more people were wounded.

Saudi Arabia, which is fighting in Yemen in support of the internationally recognised government, has not commented on the report.

Mr Shaiban says most of those killed were women and children and the death toll may rise.

"Since the beginning of the aggression or the escalation on July 13 until now, we have had around 1,039 martyrs and wounded during this period. Among them are approximately 118 females and 259 children, which indicates that these were civilian facilities."

There's relief after the federal government abandoned plans to sell four key Defence sites in Victoria and New South Wales, including Sydney's iconic Victoria Barracks.

Defence Minister Richard Marles says Victoria Barracks, the RAAF Point Cook base in Melbourne, and Fort Queenscliff in Geelong, will instead be transferred from the Defence department to Finance.

RSL NSW president Vincent Williams has called the backflip a victory for common sense.

New South Wales Premier Chris Minns says the reversal is the right thing for everyone.

"I'm really grateful that they've made that decision. It needs to be in public hands. It's an important part of history for our city and our state - and I can't tell you the number of veterans who came up to me and said, 'we want to keep it'."

UFC boss Dana White has been offered the job of White House press secretary.

US President Donald Trump made the offer on social media, describing his longtime friend as a fighter and warrior and suggesting he bring some mixed martial arts fighters along as assistants.

The UFC head has shared an image of Trump's post on Instagram, along with an image of himself standing behind the podium in the White House press briefing room with the words “On to the next chapter.”

White has also told reporters he is going to meet with Trump in person about the role, which has been vacant since October 16 when Katie Zacharia left after less than a week.

WHITE: "I'm flying to Washington D.C. right now."

WHITE: "Yeah, right now... I'm going to meet with him. We have a meeting on Monday, so I'm sure we'll have more to talk about after that."

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
CNN International
2d ago
Bank collapse scandal in Paraguay leaves millions of customers unable to access their money | CNN

Bank collapse scandal in Paraguay leaves millions of customers unable to access their money | CNN

Paraguayans are voicing their frustrations after the collapse of a major bank which led to the impeachment and a criminal investigation of President Santiago Peña.

#paraguay
Compare →
Al Jazeera English
4d ago
Paraguay raids ex-president’s home: Why a bank crash brought down Pena

Paraguay raids ex-president’s home: Why a bank crash brought down Pena

Santiago Pena faces charges of financial crimes following Ueno Bank's collapse, impacting half of Paraguay's population.

#paraguay
Compare →
NPR News
4d ago
How a bank collapse left millions in limbo and toppled Paraguay's president

How a bank collapse left millions in limbo and toppled Paraguay's president

A bank's collapse in Paraguay left millions locked out of their money, toppled the president and exposed a web of political and financial ties.

#paraguay
Compare →
CNBC World
6d ago
Paraguay's former president faces prosecutors after his removal over bank collapse

Paraguay's former president faces prosecutors after his removal over bank collapse

Prosecutors ordered the arrest of Peña as part of a criminal investigation into alleged breach of trust and other offenses tied to the collapse of Ueno Bank.

#paraguay
Compare →
The Guardian
6d ago
‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke

‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke

Santiago Peña’s links to Ueno Bank scrutinized after crisis led to his house arrest and froze millions of bank accounts

#paraguay
Compare →
BBC News
6d ago
Paraguay's President Santiago Peña impeached and arrested

Paraguay's President Santiago Peña impeached and arrested

Peña was ousted due to a banking crisis which left millions of people unable to access their money.

#paraguay
Compare →

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