News
The International Monetary Fund (IMF) Adopts Lighter Tone Towards El Salvador and Its Bitcoin Law
The International Monetary Fund (IMF) stated that if El Salvador does not repeal the Bitcoin law, which makes it legal tender in the country, it should at least reduce it as a condition for reaching an agreement to receive around … Read more
El Salvador Tops Security Perceptions While Chile and Ecuador See Declines
Latin America and the Caribbean continue to be the region with the worst citizen perception of security according to an annual report, although the region has improved over the past three years. The Gallup Global Safety Report 2024 administers and analyzes a poll evaluating citizens’ experiences of violent crime (robberies, assaults, muggings), their perception of … Read more
President Nayib Bukele Meets With Elon Musk, Owner of X, Tesla, and SpaceX
Yesterday, Salvadoran President Nayib Bukele met with tech mogul Elon Musk, owner of the social network X, electric car maker TESLA, and other companies like SpaceX. President Bukele announced his meeting with Musk on the social network X, describing Musk … Read more
Central America Primed for Coca Expansion, Study Finds
Nearly half of northern Central America has the ideal agricultural conditions for growing coca, the raw material for cocaine, according to a new study that warns of the potential spread of the illicit crop across the region. The research paper, published in the journal Environmental Research Letters, examined the soil quality, climate, … Read more
4 Salvadorans Among Bloomberg’s 2024 List of 500 Most Influential People in Latin America
Four Salvadorans, Carlos Calleja, Johanna Hill, Mario Siman, and Ricardo Poma, were named on Bloomberg’s list of the 500 most influential people in Latin America in 2024. Bloomberg Online’s editorial team selected figures from Latin American countries for the 500 … Read more
Parades and Protests: El Salvador Celebrates Independence Day
Yesterday, Salvadorans took to the streets to celebrate 203 years of independence with patriotic parades and other cultural events. On the other hand, Salvadorans also took to the streets and protested against the Bukele administration. The capital city was the … Read more
President Nayib Bukele to Visit Argentina in September and Meet with President Javier Milei
Salvadoran President Nayib Bukele will visit Argentina to meet with President Javier Milei at the end of September. Argentinian newspaper La Nacion confirmed Bukele’s visit following the signing of a security agreement between the two nations in June. “The president … Read more